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Hinduja firm’s bid for Reliance Capital gets lenders’ nod

RELIANCE CAPTAIL’S lenders have overwhelmingly approved a proposal from Hinduja Group to acquire the bankrupt financial services company once led by Indian tycoon Anil...

No commitments on immigration in trade talks with India: UK

BRITAIN will discuss temporary business visas as part of Free Trade Agreement talks with India but any deal will not contain broader immigration commitments...

Boohoo raises ‘serious concerns’ over firing and rehiring of Revolution Beauty executives

ONLINE retailer Boohoo has said that the behavior of makeup brand Revolution Beauty’s board during the annual meeting has triggered ‘significant concerns’, reported The Financial...

Sri Lanka targets 30 per cent haircut for dollar bonds

SRI LANKA is asking international bond holders to take a 30 per cent haircut and is seeking similar concessions from investors in its domestic...

Diageo ends partnership with Diddy amid accusations of neglect and racism

DRINKS giant Diageo said it had ended its relationship with Sean “Diddy” Combs after the US rapper accused it of neglecting their business agreement...

Development banks have to find £157bn towards climate fund

MULTILATERAL development banks like the World Bank are expected to find $200 billion (£157bn) in extra firepower for low-income economies by taking on more...

Relief for farmers as monsoon to cover whole of India by weekend

INDIA’S monsoon season rains were set to cover the whole country by the weekend, according to meteorological department officials, allowing farmers in northern states...
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