As RCom faces insolvency test; Mukesh Ambani"s hope of bailing it out fade
Insolvency administrators will now oversee disposal of RCom assets under rules that could bar him from bidding for them......»»
India"s RCom jumps after Mukesh Ambani bails out brother Anil on Ericsson dues
Shares of Anil Ambani-led Reliance Communications Ltd (RCom) were locked in the upper circuit on Tuesday after his elder brother Mukesh Ambani helped pay off debt owed to Sweden's Ericsson......»»
These Are Asia"s Richest Billionaires
These Are Asia's Richest Billionaires As of the start of April, Mukesh Ambani (66) is the richest man in Asia, with a net worth of $116.1 billion, according to Forbes’ Real-Time Billionaires List, Ambani is th.....»»
Food Trends We Hope Never Make a Comeback
Food and drink trends come and go. Some blaze across the culinary landscape, enjoying a year or two of fame at most, then fade into obscurity. Others hang around stubbornly long after they’ve........»»
NASA faces key engine test of its massive SLS moon rocket
NASA hopes to eventually use the Space Launch System rocket to fly astronauts to the moon, but it has been plagued by problems......»»
Why Silicon Valley Giants Are Reliant On One Man To Find Success In India
India’s richest man Mukesh Ambani plays a crucial role in U.S. tech giants including Facebook Inc. (NASDAQ: FB) and Alphabet Inc. read more.....»»
Uber faces UK Supreme Court ruling on worker rights in gig economy test
Uber drivers are currently treated as self-employed, meaning that in law they are only afforded minimal protections.....»»
Biden faces a set of massive economic and health crises - and his stimulus plan will test a vow to work with Congressional Republicans
"Biden is inheriting among the worst crises a president has stepped into," a former top economic advisor to Obama said. Saul Loeb/Pool Photo via AP Biden's vow to work with Republicans will be quick.....»»
Inside the low-key life of Asia"s new richest man, who"s known as the "lone wolf" and used to be a journalist
Zhong Shanshan's lifestyle contrasts that of Asia's previous richest man, Mukesh Ambani, who lives in a $1 billion home and hired Beyoncé to sing.....»»
Asia"s new richest person is a Chinese vaccine investor who made $70 billion in 2020, surpassing Indian billionaire Mukesh Ambani
Zhong Shanshan, known as the "Lone Wolf," took both his bottled water company and his vaccine company public in 2020. Zhong Shanshan, the chairman of Nongfu Spring Company, at a Nongfu Spring new p.....»»
AIG approaches shareholder pay vote with cautious approval from proxy firms
American International Group Inc faces a crucial test on Wednesday, when shareholders are to vote on whether the board of directors has adequately addressed their concerns about executive pay......»»
Shareholders vote in Lagardere showdown with activist Amber
Activist investor Amber Capital faces its biggest test yet on Tuesday in its high-stakes bid to shake up governance at media and publishing firm Lagardere as shareholders vote on its attempt to revamp the French firm's supervisory board......»»
Airbus"s landmark jet output cut faces crucial test
Airbus's decision to cut output of its best-selling jet by a third amid coronavirus marks a huge shift for the European planemaker, which has enjoyed virtually unbroken growth since it began competing toe-to-toe with Boeing almost 20 years ago......»»
Mukesh Ambani, the richest man in India, donated $66 million to coronavirus aid after being slammed for ringing a bell from the balcony of his 27-story mansion to thank healthcare workers
REUTERS/Francis Mascarenhas Mukesh Ambani, India's richest man, pledged ₹500 crore ($66.7 million) to Indian Prime Minister Narendra Modi's coronavirus emergency fund, Ambani's nonprofit Reliance Foundation announced on Twitter. Ambani.....»»
Market Extra: Dow faces key April test as coronavirus promises ‘blizzard of bad news’
April will pose a crucial test for stock-market investors looking for signs the worst of the market carnage triggered by the global COVID-19 pandemic is past as the outbreak continues to claim lives and promises historic, near-term economic pain......»»
Market Extra: Dow faces April test after coronavirus triggers largest-ever first-quarter fall
April will pose a crucial test for stock-market investors looking for signs the worst of the market carnage triggered by the global COVID-19 pandemic is past as the outbreak continues to claim lives and promises historic, near-term economic pain......»»
Market Extra: Dow faces crucial April test after suffering worst first quarter ever
April will pose a crucial test for stock-market investors looking for signs the worst of the market carnage triggered by the global COVID-19 pandemic is past as the outbreak continues to claim lives and promises historic, near-term economic pain......»»
Market Extra: Dow faces crucial April test after coronavirus triggers largest first-quarter fall on record
April will pose a crucial test for stock-market investors looking for signs the worst of the market carnage triggered by the global COVID-19 pandemic is past as the outbreak continues to claim lives and promises historic, near-term economic pain......»»
Outspoken Tesla chief Elon Musk faces $1 billion trial, test of temperament
Elon Musk is expected to defend a $2.2 billion deal in court next week criticized by shareholders as benefiting Musk at the expense of Tesla Inc, and the outcome may depend as much on the chief executive's temperament as on the facts of the case......»»
Market Rollercoaster Returns: Futures Crash As Stimulus Hope Fade
Market Rollercoaster Returns: Futures Crash As Stimulus Hope Fade First the good news: after S&P futures crashed limit down on Monday, then rebounded limit up on Tuesday, on Wednesday th.....»»
Mayor Walsh"s $500M affordable housing plan faces a test on Beacon Hill
A majority of the $500 million would come from a real-estate transfer tax, which requires approval by state legislators. But that's far from a sure bet......»»