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Sunday, August 10, 2025
TopicBloomberg wire

Topic: Bloomberg wire

The big bang in Indian defence is delayed

With only 20 percent of total outlays accounting for modernization and the military arsenal nearing the end of its life, the situation seems grim.

Fear is biggest obstacle for investors in bankrupt Indian firms

With federal investigators probing allegations of impropriety against bankers, bankrupt companies are opting for liquidation of assets. The wait for investors to acquire some of...

Move over America and Europe — China is setting global standards now

As China boosts overseas investment through Belt & Road Initiative, it’s dictating both the terms of financing and a broader set of technological applications.

Banks to push insolvent firms into liquidation if proposed bid prices are low

Proposed resolution plans must either bring value to the enterprise or a meaningful recovery for creditors, says Rajnish Kumar, chairman of State Bank of India, the country's largest lender.

Manipal Health proposes revised offer to takeover Fortis Healthcare

Manipal Health Enterprises Pvt. has proposed merging with Fortis in a deal that will value the latter at 83.58 billion rupees ($1.3 billion), translating into 160 rupees a share.

Here’s how to find the cleanest public bathroom in any airport

When you're coming off a flight, try and skip the restroom nearest to the gates.

Gift to family helps wipe $2.7 billion off PC Jeweller value

The value of PC Jeweller has dropped after one of its founders gifted some shares to family members through off-market transactions, bringing the company's governance into question.

Thanks to Flipkart, India now a battleground for Walmart vs Amazon

Walmart has bid $15 billion for Flipkart Online Services Pvt, which could seal a triumph over Amazon.com Inc., which has been trying to take control of Flipkart with a competing offer.

Private banks have benefited from the clampdown on unaccounted cash

HDFC Bank, the most preferred wealth manager in India among high net worth clients surveyed by Euromoney, plans to add as many as 150 relationship managers by the end of 2020 to the current 250.

India is producing too much sugar, but the world isn’t ready for so much sweetness

India accounts for the majority of this season’s surplus and excess supplies forecast for next season will also be bigger than previously expected.

On Camera

There’s a method in Trump’s Pakistan romance. It’s all about Gulf security

Like Turkey and Egypt, Pakistan is one of a handful of powers with the human resources and infrastructure to help secure the Persian Gulf as Trump’s America draws down its military presence.

Go Swadeshi—RSS affiliate SJM calls for boycott of US firms Amazon, Walmart after Trump’s tariff hike

New Delhi: The day after the US imposed a 50 percent trade tariff on India, RSS affiliate Swadeshi Jagran Manch (SJM) has made an...

Legacy of Air Chief Marshal LM Katre, the man who flew Spitfires & ushered IAF into a modern era

ACM Katre was 2nd IAF chief to die in harness. It was at a memorial lecture in his honour where IAF chief AP Singh revealed that India shot down 6 Pakistani aircraft in Op Sindoor.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.