Bloomberg India’s top court ruled out a reassessment of $19 billion in past dues to be paid by telecom companies, a move that could send indebted carrier Vodafone Idea Ltd into bankruptcy. A three-judge panel, headed by Justice Arun Mishra, said it will consider a proposal by Prime Minister Narendra Modi’s administration seeking a 20-year payment plan for dues worth ...

Bloomberg Nissan Motor Co will end vehicle manufacturing at its plant in Indonesia as the struggling Japanese company tries to improve profitability. “The end of vehicle production is part of an optimisation plan that includes rightsising, production optimization and reorganising of business operations,” Isao Sekiguchi, president of PT Nissan Motor Indonesia, said in an emailed statement on Wednesday. Chief Executive ...

Bloomberg CanSino Biologics Inc said it received Chinese regulatory approval to start human trials of a vaccine against the novel coronavirus, another example of a potential weapon against the illness being fast-tracked for testing as the global death toll escalates and nations impose lockdowns on their citizens. The vaccine, co-developed by the Hong Kong-listed company and China’s Academy of Military ...