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Wednesday, November 19, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Edelweiss raises $1.3 billion to profit from an unprecedented bad-loan clean up in India

The company will use the funds to buy and turn around stressed assets

Byju’s acquires Osmo for $120 million in US education push

Osmo, a developer of learning games, will continue as a standalone brand once the deal is completed.

Lame duck or populist? Here’s how India’s interim budget works

India watchers are waiting to see if Modi will betray convention and announce tax concessions to win votes.

India’s struggling Jet Airways flags bailout options

Lenders are said to seek 35 billion rupee infusion from owners

Theresa May loses Brexit vote in landslide, faces confidence vote

The UK parliament voted 432-202 against the Brexit deal brokered by Theresa May over 18 months.

Caution is the watchword for world’s top central banks including Reserve Bank of India

Under a new governor Shaktikanta Das, the RBI is likely to prepare markets for an interest rate cut, say economists. Central banks enter the new...

Overseas investors sell India’s govt bonds, but still have faith in corporate debt

Investors sold Rs 33.5 billion of government debt this year.

Etihad reaches deal for rescue of Jet Airways, reports say

Jet founder Naresh Goyal would cut holding and leave board.

India’s subdued inflation signals interest-rate cuts in coming months

RBI Governor Shaktikanta Das is seen as more dovish on monetary policy.

Meet the egg that dethroned Kylie Jenner on Instagram

The picture of a regular egg has got over 25 million likes on Instagram to become the platform’s most liked post, beating Kylie Jenner’s baby announcement post.

On Camera

India has to move on now. Engage with ‘Nooton Bangladesh’

Former Bangladesh Prime Minister Sheikh Hasina has, in a sense, tasted her own medicine. The International Crimes Tribunal, the special court she instituted for...

The day Dharmendra ‘died’

At Charcha 2025: Local entrepreneurship, not just big IT, will drive next wave of distributed AI work

While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.

Drone manufacturer ideaForge wins orders worth over Rs 100 crore from Army

ideaForge has formed a joint venture to manufacture and market UAVs in the US. Its Q6 UAV is now included in NATO and allied procurement systems.

INDIA has a Congress-sized hole. And the fix begins with a little humility

Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.