ZS PRIZE jury member Vinita Bali says healthcare innovations must be differentiated, decentralized

ZS PRIZE jury member Vinita Bali, who is the former MD and CEO of Britannia, emphasizes the need for innovations in healthcare to be differentiated, meaningful, and relevant, and carried out in... Read more »

60 pc consumers in APAC, including India, will prefer hybrid EVs in future: Study

Consumers in Asia-Pacific (APAC), including India, will prefer purchasing electric vehicles (EVs) in the future. There will be a shift in preference, with more than half of consumers, as much as 53... Read more »

Volatility in steel prices ‘new normal’; industry needs to learn to live with it: T V Narendran

The volatility in steel prices is expected to continue and the industry must learn to live with the “new normal”, T V Narendran the global CEO and MD of Tata Steel has... Read more »

Government may delist MTNL to merge with BSNL

The government is looking into the process of delisting state-run telecom carrier Mahanagar Telephone Nigam Limited (MTNL) ahead of the merger with another state telecom firm Bharat Sanchar Nigam Limited (BSNL). “The... Read more »

Berkshire Hathaway cuts Activision stake as Microsoft deal flounders

Warren Buffett’s Berkshire Hathaway trimmed its bet on Activision Blizzard in late 2022, as the video game maker’s agreed takeover by Microsoft came under regulatory scrutiny. Berkshire sold 7.4mn shares, or 12... Read more »

Ukraine claims Russia using balloons to distract its air defences

Ukraine has accused Russia of turning to balloon power to support its invasion of the country, although with markedly different aims from China’s intelligence gathering operations. Moscow has allegedly begun launching aerial... Read more »

SoftBank’s future rests on Arm

In what he claimed was his last presentation to investors in November, Masayoshi Son lamented that his entrepreneurial knack would be wasted as SoftBank shifted to a full defensive mode to cut... Read more »

Allen & Overy introduces AI chatbot to lawyers in search of efficiencies

Allen & Overy is introducing an artificial intelligence chatbot to help its lawyers draft contracts, as the magic circle legal firm seeks to adopt the much-hyped technology to find efficiencies for its... Read more »

Deutsche Bank cuts ties with Selfridges co-owner René Benko

Deutsche Bank has cut ties to one of Europe’s most successful property developers over concerns about his involvement in a sprawling corruption investigation. Germany’s biggest lender decided late last year to end... Read more »

Barclays’ profits hit by fall in investment banking fees

Barclays’ profits fell 4 per cent in the fourth quarter as a plunge in fee income at its investment bank offset a strong performance at its consumer lending business, which was boosted... Read more »