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The ports-to-power conglomerate had denied wrongdoing in January
The education startup is offering benefits to the potential investors, including preferential treatment in the case of liquidation, the report said
Sharp rise in gold prices and volatility combined with fewer auspicious days to trigger consumption, has led to many households deferring buying perhaps in anticipation of a downward price correction
In a world-historical shift, India is surpassing China to become the world's most populous country. But the question often heard in recent days - whether India can realize its demographic dividend?
Aditya Birla Group, a family business and 7 generations old, has a presence in various sectors, including metals, financial services, and retail
Gautam Adani was the world's third and Asia's richest man a month back but a damning report by a US firm triggered a massive sell-off in shares of his apples-to-airport group, plunging his own wealth by USD 80 billion and the tycoon slipping to No.30 on the world billionaire index. Adani's sprawling conglomerate, which spans from sea ports to airports, edible oil and commodities, energy, cement and data centres, is under attack by US short-seller Hindenburg Research, which successfully deflated electric-vehicle maker Nikola Motors in 2020. Hindenburg, which held short positions in unidentified shares of Adani Group firms through its US-traded debt and offshore derivatives, on January 24 accused the conglomerate of "brazen stock manipulation and accounting fraud" and using a number of offshore shell companies to inflate stock prices. The group has denied allegations, calling them "malicious", "baseless" and a "calculated attack on India". SELL-OFF: Since the Hindenburg report, the .
According to the Bloomberg Billionaires Index, Adani's wealth has eroded by more than $78 billion this calendar year
Axios said Bloomberg would be interested in a potential acquisition of either companies, but Dow Jones would be a stronger target
Some of the Revlon Inc. creditors who were accidentally sent more than $900 million by Citigroup Inc. asked a federal appeals court for a rehearing, after it ruled that they had to give the money back
Apple is likely to introduce a body temperature sensor in the new Watch series, a feature that can help people with fertility and sleep tracking
Steepest cuts from Citi and Morgan Stanley; stock sheds 3.33% to end at Rs 2,420
Google co-founder Sergey Brin instructed his advisers to sell his personal investments in Elon Musk's companies in recent months after learning that he had a brief affair with his wife
Despite a below-expectation showing, IT major expects double-digit growth in FY23
Central Asia and Asia Pacific are the only two regions in emerging markets handing local-currency bond investors positive returns this month, according to a Bloomberg index
According to Bloomberg's data on analysts' estimates, net profits of the 12 listed banks in Q1FY23 will grow 47 per cent YoY and shrink 7.8 per cent sequentially
Tencent-owned WeChat said it had received "complaints" about Bloomberg's "Daybreak" account, which posts global market updates, reports South China Morning Post
Raised in a Milan orphanage, Del Vecchio struck out from the northern city to set up shop in the town of Agordo, in the Alps north of Venice, starting off as a small supplier of frame parts
In a Q&A, Raghav Bahl and Ritu Kapur tell what it takes to build a digital news business in India
Firms, including electric utilities and oil producers with 30% or more of director roles filled by women, typically score better on environmental disclosures.
Prime Minister Narendra Modi will deliver an address at the third Annual Bloomberg New Economy Forum on Tuesday at 6