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Sunday, November 16, 2025
TopicBloomberg wire

Topic: Bloomberg wire

Zee will not hold shareholders meeting, risks escalating standoff with Invesco

Zee said the requisition notice is not valid, as it suffers from multiple legal infirmities. The refusal sets the stage for a legal tussle.

Afghan army collapse ‘took us all by surprise’, US Defense Secretary Lloyd Austin says

Top US military leaders point rare criticism at key decisions by Biden & Trump, say their personal view was that US troops should have stayed to bolster the Afghan government.

How media mogul Subhash Chandra managed to beat a US activist fund & hold on to Zee

Sony is merging with Zee. It will control the larger empire & infuse an additional $1.4 bn of cash into it. But the combined entity will be presided over by Punit Goenka, Chandra’s son.

Chinese state-sponsored hackers targeted UIDAI, Times Group, report says

UIDAI networks were believed to have been breached during intrusions tracked between June and July. Data was exfiltrated from Times group between February and August.

Advent to buy Eureka Forbes from Shapoorji Pallonji Group for Rs 4,400 cr

The sale provides an opportunity for the Shapoorji Pallonji Group to reduce debt and focus on core real estate operations after its businesses were hammered by the pandemic.

Bjyu’s acquires coding platform Tynker for $200 million to grow in US

Tynker, launched in 2013, offers classes, camps on coding. The company's co-founders Krishna Vedati, Srinivas Mandyam & Kelvin Chong will remain in their roles after the acquisition.

Got both shots? It’s still a good idea to stay at home

There is an economic cost to status quo, but fully reopening has a price that too few countries are eager to pay.

Modi govt is seeking Rs 8 trillion valuation for LIC in India’s biggest IPO

The government is pushing ahead with LIC IPO to help plug a widening budget gap as it aims to raise Rs 1.75 trillion by March via divestments and the sale is key for achieving this target.

Apple says latest emergency update fixes ‘zero click’ spyware flaw in Messages app

Flaw allowed a hacker to gain access to an Apple device using Pegasus spyware. 'Zero click' refers to how victims don't have to click on a malicious file for it to infect devices.

Tata considers leadership makeover of its 153-year-old empire, could create CEO role

Under proposed plan, CEO will guide the sprawling businesses of the Tata empire while chairman will oversee the chief executive on behalf of shareholders.

On Camera

What Pakistan Supreme Court judge Mansoor Ali Shah wrote in his resignation letter

The recent resignations of its seniormost judges are among the most pointed institutional protests Pakistan has witnessed since the lawyers’ movement of the late 2000s.

As govt starts rolling back Quality Control Orders, a look at adverse impact they had, mainly on MSMEs

Between 2016 and 2025, around 700 QCOs were issued by the government. Now, it has withdrawn 69 of them.

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.