 "Bidders vie for Yes Bank, but regulatory hurdles threaten their ambitions for a controlling stake.")
Yes Bank is currently facing challenges in negotiations over a potential stake sale, with two bidders, Japan’s SMBC and Emirates NBD, vying for ownership. However, their demand for a 51 percent stake may hinder progress, as the Reserve Bank of India (RBI) is wary of allowing a foreign entity to hold such a significant share ...
 "In a dramatic antitrust trial, Google faces allegations of intent to monopolize advertising, showcasing internal ambitions to “crush” competitors.")
In its ongoing antitrust trial, Google faces allegations from the U.S. Department of Justice that it aimed to dominate the online advertising Market. Evidence presented includes statements from David Rosenblatt, Google’s former president of display advertising, who suggested the company’s goal in 2009 was to “crush” competing networks. Google argues it deals with significant competition ...
Uttar Pradesh Chief Minister Yogi Adityanath visited Greater Noida to assess the progress of the Noida international airport in Jewar and to prepare for Prime Minister Modi’s upcoming visit. During his visit, he reviewed the development projects and stressed the importance of timely and quality completion of the airport. Adityanath announced the creation of a ...
In Mumbai, Deputy Chief Minister Ajit Pawar dismissed rumors about seeking the chief minister’s role during a meeting with Union Home Minister Amit Shah, clarifying that the discussions focused mainly on various issues like onion exports and farmers’ losses from heavy rain. Pawar emphasized he opposes internal rivalry within the ruling coalition, known as Mahayuti, ...
 "India’s renewable energy ambitions are stifled by insufficient weather forecasting, jeopardizing safety and profitability in a rapidly evolving landscape.")
India’s renewable energy sector is facing challenges due to inadequate weather forecasting, according to industry leaders. At the BloombergNEF Summit in New Delhi, experts highlighted that the country’s low density of weather stations and infrequent data collection hinder the performance of wind farms and overall clean energy production. Improved weather models are essential for optimizing ...
 "ByteDance Seeks .5 Billion Loan Amid Evolving Global Ambitions")
ByteDance, the Chinese company behind TikTok, is seeking a $9.5 billion loan, marking the largest dollar loan for a corporation in Asia outside of Japan. Major banks like Citigroup, Goldman Sachs, and JPMorgan are coordinating this effort, which is set for three years with an option to extend. The loan will help refinance a previous ...
