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    1. Business News
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    3. bloomberg

    Bloomberg

    India Needs ‘Bad Bank’ to Clean Up Soured Debt, Rating Firms Say

    Ratings companies including Fitch Ratings Ltd have come out in favor of setting up a state-backed “bad bank” to tackle…

    By Bloomberg
    March 5, 2017 00:21 IST
    PwC’s epic screw-up at the Oscars could be costly for the global accounting firm

    PricewaterhouseCoopers LLP’s epic screw-up at the Oscars could carry a high cost if jurors arrive at a malpractice trial next…

    By Bloomberg
    March 4, 2017 16:31 IST
    As top-level departures mount, is a tense and demanding work culture affecting Elon Musk’s Tesla?

    Tesla Inc. is losing key personnel as it races to bring the Model 3 — its most critical electric sedan…

    By Bloomberg
    March 4, 2017 15:54 IST
    View: Uber has nearly achieved status of Xerox; CEO Kalanick doesn’t just need leadership help; he needs to bring in a leader

    “This is the first time I’ve been willing to admit that I need leadership help and I intend to get…

    By Bloomberg
    March 4, 2017 12:47 IST
    World’s biggest pension fund posts record $92 billion gain

    The world’s biggest pension fund posted the biggest quarterly gain in its history as Japanese stocks surged and a plunge…

    By Bloomberg
    Updated: March 4, 2017 00:02 IST
    US Federal chief Janet Yellen says March hike ‘likely appropriate’ if progress persists

    Federal Reserve Chief Janet Yellen said an interest-rate increase would “likely be appropriate” at the central bank’s upcoming meeting if…

    By Bloomberg
    Updated: March 4, 2017 00:13 IST
    Snap IPO launches VC firm Lightspeed into Valley elite

    Sequoia Capital, founded in 1972, is almost unanimously placed near the top of the heap for their ability to spot…

    By Bloomberg
    Updated: March 4, 2017 00:11 IST
    Investment, United States, Robotic investors, Stocks, ETF
    5 Ways passive investing is actually very active: Eric Balchunas

    This is a common outcry from the financial industry and investors alike in reaction to the rapid rise of “passive”…

    By Bloomberg
    March 3, 2017 21:45 IST
    Goldman Sachs, Brexit, European Union, Richard Gnodde, HSBC Bank, EU's Lisbon Treaty
    In a memo, Goldman Sachs irks staff with rules on mobile perks

    Goldman Sachs Group Inc.’s dealmakers endured job cuts and a tough bonus season. Then the penny pinchers turned to their…

    By Bloomberg
    Updated: March 3, 2017 18:40 IST
    Even as Tesla makes plans to enter India, it has already notched up $1 billion sales in China

    Tesla Inc.’s revenue from China last year tripled to more than $1 billion, indicating better traction in the market Chief…

    By Bloomberg
    March 3, 2017 17:25 IST
    harvard university, harvard university ranking, harvard university courses, top ranking universities, Cambridge university, Oxford university, best colleges, world best universities
    Harvard academics reveal blueprint for avoiding stock crashes

    In a new paper, Robin Greenwood, Andrei Shleifer and Yang You found that while not every violent advance in shares…

    By Bloomberg
    Updated: March 3, 2017 17:22 IST
    Mizuho says Rupee bears wrong, sees first annual gain since 2010 

    The bearish consensus on the rupee is wrong. That is the view of Mizuho Bank Ltd., which expects an annual…

    By Bloomberg
    March 3, 2017 16:29 IST
    Startups going bankrupt? Here’s an online startup on the way to profit in Asean

    An internet company that’s still private, venture-backed and about to make an actual profit — huh? Say again? As the…

    By Bloomberg
    March 3, 2017 16:18 IST
    Pakistan, Gilgit-Baltistan, Riaz Hussain Pirzada, China-Pakistan Economic Corridor, Sartaj Aziz
    Made in Pakistan: India’s neighbour looks to aviation in ambitious defense export push

    Nuclear-armed Pakistan is seeking to ramp up defense exports amid simmering regional tensions and a surge in the global arms…

    By Bloomberg
    March 3, 2017 15:28 IST
    India wants to copy China in creating energy gorillas; there’s only one problem with the plan: Shareholders

    Everything China has, India wants — except perhaps its communist rulers.

    By Bloomberg
    March 3, 2017 14:29 IST
    Oil to plunge to $26 again? Leaner, fitter, faster US shale oil 2.0 challenges OPEC again

    When the who’s who of the oil industry met a year ago in Houston, Saudi Arabia’s energy minister had harsh…

    By Bloomberg
    March 3, 2017 13:23 IST
    RIL shares at 9-year high after Mukesh Ambani, India’s richest man, revamps holding

    Reliance Industries Ltd. shares traded near a nine-year high after Mukesh Ambani, India’s richest man, announced plans to revamp his…

    By Bloomberg
    March 3, 2017 11:18 IST
    Amazon
    Amazon says employee error caused Tuesday’s cloud outage

    Amazon.com Inc. said efforts to fix a bug in its cloud-computing service caused prolonged disruptions Tuesday that affected thousands of…

    By Bloomberg
    March 3, 2017 01:01 IST
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    Latest News

    Punjabi Jatts in UK under fire for Diwali fireworks display from moving cars; netizens want to ‘deport them’

    Marathi row

    ‘You must speak Marathi in Mumbai or…,’ woman threatens fellow Air India passenger

    Viral Video reveals Louvre thieves escaping on scooter using mechanical ladder in daylight.

    Watch: Louvre thieves flee on scooter via mechanical ladder in daylight heist worth $102M

    Consumer products biz not zero-sum game: HUL CEO

    World Bank lifts India’s FY26 growth to 6.5% but warns US tariffs and AI disruptions could slow South Asia’s economy in 2026.

    Riding on household sector

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