'Companies with a strong business case and healthy balance-sheet should sail through and emerge more robust in the future.'
Aramco also plans to invest in building India's largest oil refinery on the country's west coast.
The recent action comes amid the ongoing tension between India and China after the violent standoff on June 15 in Galwan Valley area in eastern Ladakh in which both sides suffered casualties.
Bloomberg has ranked world's most influential people.
Let's take a look at the 30 richest businesspeople.
The "Super Tuesday", or March 3 presidential primaries, were held in as many as 15 states including Alabama, Arkansas, California, Colorado, Maine, Massachusetts, Minnesota, North Carolina, Oklahoma, Tennessee, Texas, Utah, Vermont and Virginia. Biden, 77, registered impressive victories in the states of Virginia, North Carolina, Alabama, Oklahoma, Tennessee, Minnesota, Massachusetts and Arkansas, propelling him as the frontrunner in the primaries. However, Sanders, 78, by winning big in the State of California -- which sends 415 pledge delegates -- reflected the fight to win Democratic nomination to challenge Republican incumbent Donald Trump was not over yet.
In a major political boost to Barack Obama, New York Mayor Michael Bloomberg, an otherwise fierce critic of the president, has endorsed his bid for re-election, citing his efforts in dealing with climate change as the city recovers from the destruction caused by Superstorm Sandy.
New York City Mayor Michael Bloomberg abruptly reversed course and canceled Sunday's marathon, a beloved annual race that had become a lightning rod for people frustrated by the disastrous aftermath of megastorm Sandy.
He said India has also opened its defence industry 'like never before' and sought investments in the sector.
The account of former US vice-president Joe Biden, who is the current Democratic Party presidential candidate in the November election, was also hacked.
IndiGo has confirmed the delivery of the next set of 25 ATR-72 jets and will be inducting around 10 planes by the end of this calendar year, making it the largest regional fleet operator in the country.
The world's richest people have become poorer.
The Johns Hopkins Bloomberg School of Public Health, United States has collaborated with the Indian Institute of Health Management Research in Jaipur to offer a masters programme in public health in the country.
Long-term investors should consider moving into smaller stocks. Rather than try to pick stocks, it makes sense to build a diversified portfolio by exposure across midcap and small caps funds, suggests Devangshu Datta.
Bill Gates with an estimated wealth of $86 billion topped the list for the fourth year running.
Prime Minister Narendra Modi on Tuesday pitched India as the most attractive investment destination for those looking to invest in urbanisation, mobility, innovation and sustainable solutions. Speaking at the Bloomberg New Economy Forum, he said India and some African nations will witness the biggest wave of urbanisation over the next two decades. The post pandemic world has to be rebuilt around people and cities will have to be made more liveable, he said adding post-Covid restart will not be possible without a reset of mindset, process and practices.
Currently, TCS is India's second most valuable firm after Reliance Industries, which has a market cap of nearly Rs 12.9 trillion.
Apple Inc's suppliers will begin producing larger versions of the iPhone in China next month.
The increased tax target comes at a time when consumer spending and sales growth are slowing down and most companies are not investing in new capacities.
'Serial testing is much more valuable than a single test which reflects just a point in time.'
'I have personally been very keen on investing in lithium ion battery technology for some time.'
Michael Bloomberg, who is reportedly considering an independent run at the US presidency, derided xenophobic politicians and said immigration and diversity were good for America
In comparison to Nadella, Apple CEO Tim Cook got a pay of $ 15.7 million in 2018 with $ 3 million in salary. Google CEO Sundar Pichai received $ 1.9 million in overall compensation.
Rajan said the government focussed more on fulfilling its political and social agenda rather than paying attention to the economic growth.
Despite a massive underperformance at the bourses since the last six months, analysts are turning optimistic on Reliance Industries (RIL). Those at Jefferies, for instance, say that the company is a proxy play for India's consumption growth story. The key catalysts for the stock, according to a Jeffries note, include faster-than-expected market share gain in retail, oil-to-chemicals (O2C) stake sale, recovery in gross refining margins (GRM), potential public listing of Jio and even a possible banking licence going ahead. That apart, analysts feel any tariff hike in Reliance Jio (RJio) - its telecom venture - will also aid performance. With balance sheet adequately de-levered, proceeds from a strategic stake sale in the O2C business will create a sizeable war chest for the company, analysts say.
The PM will make a six-day visit to the United States from September 21 to 27 to attend various events including the annual United Nations General Assembly session in New York and a diaspora event in Houston in Texas in which US President Donald Trump is also participating.
China is the world's second-largest - both in terms of GDP and m-cap. At $10 trillion, its m-cap is second only to the US at $38 trillion.
Demerging print and TV news businesses will allow for separate investment by interested players.
Even when large businesses said they were flying blind in mid-2020, the markets rallied and an incredible business boom followed. This is not to say that the markets will continue to rally and there is nothing to worry about, observes Debashis Basu.
Its market capitalisation tops those of the 3 largest Indian firms combined
Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from startups for income tax exemption had been approved as of February 2019, according to an answer to a Parliament question. As India's startup space bubbles with activity - new, young players are tapping into opportunities opening up - there are local anti-portfolio stories circulating about investors missing opportunities in 'unicorns', or companies that have reached valuation of $ 1 billion, says Vandana Gombar.
The heiresses chose to live a low key life, spending much of their time trying to live up to their family's legacy.
Your weekly shot of wisdom from super achievers
As a model of transport, the A380 strikes a parallel -- a shared fragility -- with giant container ships, observes Shyam G Menon.
Let's take a look at some of the biggest spenders on bad habits.
Let's take a look at most innovative nations.
New York Mayor Michael Bloomberg and the city's police chief Ray Kelly have said that had the bomb seized and neutralized exploded, it could have had a devastating impact on the city.
In an ad that is currently on air, business news channel Bloomberg UTV takes a dig at a rival channel. The ad shows Bloomberg UTV's anchor simplifying the business terms used by the anchor of a rival channel, who seems to be at great discomfort.
Let's take a look at nations that saw biggest increase in gold stockpiles.
Let's take a look at some of the best nations for employees.
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