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Saturday, May 4, 2024
TopicBloomberg wire

Topic: Bloomberg wire

How shopping online is changing the real estate market in India

With more people using e-commerce sites like Amazon and Flipkart, warehouses are fast replacing housing as the hot new property.

No relief for smog-choked cities as PM Modi’s goal to push natural gas stalls

After peaking to just above 10% six years ago, share of natural gas in energy mix has slid back toward 6%.

Indian employees of IL&FS detained in Ethiopia by unpaid local staff

Seven Indian workers from IL&FS have been detained since 25 Nov at three sites in Ethiopia’s Oromia and Amhara states by unpaid local staff.

TCS cleared by jury of allegations of anti-American bias

TCS case was the first of several accusing India’s big IT firms of hiring bias in the US to go to trial.

Imran Khan says Pakistan govt and military are on same page, want to mend ties with India

Pakistan PM Imran Khan said that the ‘only problem’ Pakistan has with India is over the Kashmir dispute.

Investors plan to take Indian hotel chain Leela abroad

The investor group plans to expand Hotel Leelaventure’s business in India, Asia and other parts of the world after fixing its immediate financial issues.

Unilever needs luck to gain energy from Horlicks deal in India

Horlicks is facing a challenge, even in India. The drink is losing its star status as the ‘healthy’ morning and after-school drink.

China condemns scientist’s claim of altering embryo genes but in a bind over its legality

Scientist He Jiankui's claim of altering genes of twin embryos has triggered a backlash from both the China government and scientific community. Shanghai: China is...

Troubled Yes Bank is now a ‘fallen angel’

Moody’s cuts Yes Bank’s credit rating to junk, which is rare for an Indian private sector bank.

Google era finally claims Fairfax, one of Australia’s oldest newspapers

Fairfax’s cash cow of daily classified ads was no longer generating enough revenue, and its digital advertising just wasn't growing fast enough.

On Camera

Stop targeting Galgotias University students. Focus on politicians instead

Going through their Instagrams and dissecting their ‘statements’ is not the astute political commentary you think it is—it is time for us to back off from targeting 20-year-olds.

High capacity usage, fresh borrowings & new orders — why FY25 could be a big year for pvt investment

Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.