Monday , 20 April 2026

Recent Posts

India plans sale of IDBI Bank stake to top insurer

Bloomberg India’s government is likely to sell a part of its stake in IDBI Bank Ltd. as early as next month and potential buyers include the country’s top insurer, said people familiar with the matter. Potential investors would include Life Insurance Corporation, the people said, asking not to be identified as the information isn’t public. The sale would lower the …

Read More »

Boeing faces trade turbulence in China

Bloomberg In the perennial battle between Boeing Co. and Airbus SE, China has for years tried to keep orders on an even keel between the duopoly. Now, thanks to US President Donald Trump, the American planemaker is at risk of losing its meager lead in the world’s second-biggest aviation market. With the rising prospect of an all-out trade war after …

Read More »

Naspers frees up cash to tap flood of investment options

Bloomberg Naspers Ltd. has put aside the proceeds of share sales in Chinese internet giant Tencent Holdings Ltd. and India’s Flipkart to pay for new investments due to the abundance of opportunities in its preferred media and technology markets. Africa’s biggest company by market value raised $9.8 billion in March by selling a 2 percent stake in Tencent — its …

Read More »