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New chairman to begin journey to resurrect Tata’s image

  Bloomberg Amid the carnage on Wall Street in 2008, as Bank of America Corp. was trying to forge its rushed merger with Merrill Lynch & Co., Natarajan Chandrasekaran boarded a plane for New York to try to reassure the two financial behemoths that an Indian IT company could make the systems of their strikingly different cultures work together. Chandrasekaran, ...

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Samsung in rough patch with Lee arrest request

  SEOUL / AP A request by South Korean prosecutors to arrest Lee Jae-yong, the 48-year-old vice chairman and de facto leader of Samsung Electronics, has added to the troubles for the country’s most valuable company after a spate of recalls last year. Lee faces allegations he offered $36 million in bribes to a friend of President Park Geun-hye, who ...

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M&As drive India dollar offerings as bond costs drop

  Bloomberg Indian dollar-denominated bond sales are set to accelerate in 2017 as mergers and acquisitions and the cheapest borrowing costs in more than two years drive issuance. That’s a contrast to 2016 when sales of US currency notes by local borrowers fell to a six-year low as higher US interest rates and a slump in the rupee to a ...

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