scorecardresearch
Sunday, September 29, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Vodafone Idea says its survival depends on lenience of lenders & Supreme Court of India

Vodafone Idea, fighting for survival as it struggles to raise money to pay dues imposed by Supreme Court, reported Rs 11,600 cr net loss in Jan-March quarter.

Indian airlines face risk of extinction as Modi govt refuses to rescue them

Indian airlines need $2.5 billion to keep flying, but Modi govt hasn’t doled out funds to industries or airlines backed by private businesses or billionaires.

Thousands of Indian couples, parents, kids separated, stranded after Trump’s H1B visa freeze

About 375,000 temporary visa-holders & Green Card applicants are banned from entering US until next year. A significant number of those are now stuck in India.

Modi govt’s app ban threatens China’s rise as a global tech power

The surprise app ban has hit Chinese internet companies just as they were beginning to make headway in the world’s fastest-growing mobile arena.

We need to build new statues, not just tear down old ones

If the goal is to promote hope and to inspire change, it would be far better to build. The cause of justice would not be much helped by tearing down old statues.

Gilead has got it right with the pricing of remdesivir for Covid treatment

Gilead CEO Daniel O'Day wrote in an open letter that the drug's ability to reduce hospital stays by four days equates to savings of $12,000 per patient in the US

Americans are rallying behind their Chinese restaurants after early Covid backlash

Awareness campaigns have encouraged Americans to support their local Asian restaurants. But many owners say the decision to close was due to in-house safety concerns.

With virus hammering tourism, Bali’s hotels are up for sale and going cheap

Balangan Wave, a 50-villa resort under construction, has already hit the market, and developer Michael Halim has slashed his asking price to $9 million from $17 million in May.

Europe finds it’s not so easy to say goodbye to low-cost China

Evidence suggests a massive shift back to Europe is unlikely because of the ever-growing importance of China. Moving supply chains closer to home might come at a cost.

Victoria, home state to Melbourne, faces isolation from rest of Australia due to Covid spike

The resurgence of coronavirus cases in Victoria is in stark contrast to rest of the country where the spread of the disease has been largely contained.

On Camera

Drop that cigarette. Smokers are twice as likely to develop skin cancer compared to non-smokers

A noticeable effect of smoking is premature aging. Studies indicate that the skin biopsy of a 40-year-old heavy smoker can resemble that of a 70-year-old non-smoker.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?