Tag: Bloomberg

hdfc bank: Will bounce back strongly after pandemic behind us: HDFC Bank MD

Private lender HDFC Bank which posted a 16% rise in its net profit believes that it will bounce back sharply on all business metrics once...

The pandemic is deadlier in Brazil than in India and no one knows why

Facing a sudden surge in coronavirus infections, India is once again home to the world’s second-largest outbreak, overtaking Brazil after the latter moved ahead in...

Jeff Bezos and Elon Musk broke wealth records in 2020

The founder of Amazon and the creator of Tesla added profits of $ 217,000 million in the heat of the pandemic, according to the Bloomberg...

Tumultuous 2020 rewards investors who stared down turmoil

By Gregor Stuart Hunter The bell has just tolled on one of the wildest years in Wall Street history, full of precipitous plunges, improbable rebounds...

Indian IT to see little impact due to Donald Trump ban on H-1B workers in federal contracts

US President Donald Trump‘s ban on federal agencies employing H-1B visa holders will have little impact on India’s IT industry, as most software services providers...

Siemens Healthineers to acquire Varian Medical Systems Inc for $16.4 billion

BERLIN – German health group Siemens Healthineers said on Sunday it would acquire Varian Medical Systems Inc in a deal that values the U.S. maker...

Active fund management is still relevant albeit for a different reason

The debate on the relevance of active fund management has grown louder in the past couple of years, centered around the ability of these funds...

Pine Labs eyes Asia operations of sinking Wirecard

BENGALURU | MUMBAI: Mastercard-backed Pine Labs has held initial talks to buy out the Asia business of bankrupt Germany-based payments company Wirecard, three people aware...

India bonds: India bonds drop by most since 2017 on Modi’s new borrowing

By Kartik Goyal Benchmark sovereign bonds in India tumbled by the most in more than three years after Prime Minister Narendra Modi’s government increased borrowing...

US Fed stimulus: Fed to buy junk bonds, lend to states in fresh virus support

By Christopher Condon, Rich Miller and Craig Torres As fresh evidence of the economic toll from the coronavirus pandemic flood in, the Federal Reserve unleashed...