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NTPC plans IPOs of 3 units, may raise $2b

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Bloomberg India’s coal power giant NTPC Ltd expects to raise $2 billion through initial public offerings in three units including its renewables business, and the paring of a joint venture stake, according to a company official familiar with the plans. The state-run generator plans to sell shares in NTPC Renewable Energy Ltd within a year, the official said, asking not ...

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Taliban must know the world is watching it all!

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We’re just six weeks into the Taliban’s second shift as Afghanistan’s rulers, and the picture could not be bleaker. Bodies hang in public squares and women are banned from their jobs. High schools are closed to girls, the women’s ministry has been replaced by the Ministry for the Promotion of Virtue and the Prevention of Vice, while former government officials, ...

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A new warning for holiday shoppers

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Freight costs are crushing Bed Bath & Beyond Inc, and the retailer’s executives are warning that it isn’t alone. Shoppers and investors alike will have to brace for a difficult holiday season marked by soaring prices, empty store shelves and pessimistic forecasts from US retail chains as earnings reports kick off. “Best of luck,” said one analyst after Bed Bath ...

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