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Tuesday, November 18, 2025
TopicBloomberg wire

Topic: Bloomberg wire

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.

World dysfunction is taking the ‘group’ out of the G-20 summit

Global summitry has been in trouble due to the backlash against globalisation and Trump's unilateralism has only made it worse.

Faulty Lion Air sensor wasn’t fixed before Indonesia crash, report finds

A sensor on the Boeing 737 Max had failed on its previous flight but had not been repaired before the early morning departure.

Modi govt plans to merge public sector power lenders REC and PFC

The sale of stake in Power Finance mirrors a similar deal last year, when ONGC bought a controlling stake in Hindustan Petroleum.

Spotify said to be coming to India within 6 months

The world's largest music streaming service, Spotify seeks music rights which are more disparate in India than most other countries.

Modi govt will push RBI to ease lending restrictions for some weak banks

The proposals suggest another potentially tense board meeting on 14 December.

On Camera

We celebrate Harappa excavation—and dismiss Keeladi, Sinauli archaeological digs as politics

In the storm around Sinauli, many academics dismissed claims of chariots being found. And the public misinterpreted the chariots as a device planted by the govt to fortify Hindutva.

Naidu matches Jagan’s Rs 13L crore investment playbook, with a ‘speed of doing business’ caveat

Naidu’s summit brings in MoUs on same scale as Jagan’s, but CM says his plans built on speed, certainty & investor trust, with escrow accounts, simplified incentives & real-time oversight.

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.