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This image provided by Stuff, shows CEO Sinead Boucher in Auckland, New Zealand Nov. 28, 2019. Stuff, one of New Zealands largest media organizations has been sold for a single dollar to the chief executive, Sinead Boucher in a management buyout that would be completed by the end of the month. (AP Photo)

New Zealand's largest media company being sold for just $1 to its CEO

Stuff faced financial challenges before the coronavirus pandemic struck and has since seen advertising revenues plunge

25 May 2020 10:23 AM IST

Asia stocks mostly up on lockdown easing but Hong Kong extends losses. (AP Photo)

Asia stocks rise as countries ease lockdown restriction, Hong Kong...

Hong Kong sank again after the city was rocked by protests at the weekend over a controversial proposed security law

25 May 2020 10:21 AM IST

Indias crude oil imports fall, product exports surge in April. (AFP Photo)

India's crude oil imports fall, product exports surge in April

Oil product imports dropped 6.5% to 3.35 million tonnes, their first year-on-year decline in 16 months

23 May 2020 9:22 AM IST

About 20% SBI borrowers avail loan repayment moratorium; banks can go for debt recast says SBI Chairman Rajnish Kumar. (PTI Photo)

About 20% SBI borrowers opt for loan repayment moratorium: Chairman...

Kumar also advised borrowers to pay their loans if they are not facing any funding challenge

23 May 2020 9:19 AM IST

Amazon India to hire 50,000 temporary workers as lockdown boosts demand. (AFP Photo)

Amazon India to hire 50,000 temporary workers as lockdown boosts...

The temporary hires will work in Amazon's fulfillment centers and as part of its delivery network

22 May 2020 3:38 PM IST

Indian economy to contract in FY21; lockdown compounds economic challenges, says Moodys. (PTI Photo)

Economic damage for India from lockdown to be significant, says...

Indian economy already was growing at its slowest pace in six years and with the stimulus measures falling short of...

22 May 2020 2:06 PM IST

Indiabulls Group asks nearly 2,000 employees to resign. (PTI Photo)

Indiabulls sacks nearly 2,000 employees

Some employees of the company have claimed that they received a transfer order as they have not submitted their...

22 May 2020 1:14 PM IST

15 of family test positive after visiting relative at hospital. (PTI Photo)

Bad loans in banking sector may rise by Rs 5.5 lakh cr this fiscal,...

The rating agency said most sectors are likely to experience varying degrees of revenue contraction due to demand and...

22 May 2020 12:28 PM IST

RBI Guv Shaktikanta Das address press after govts relief package. (PTI Photo)

RBI cuts repo rate, extends loan moratorium, projects negative GDP...

RBI Governor Shaktikanta Das extended the moratorium period by another three months from June 1 to August 31 due to...

22 May 2020 11:13 AM IST

Two months after all domestic and international flights were halted in India due to the coronavirus pandemic, 33 per cent domestic flights will restart May 25. (PTI Photo)

Domestic air travel open, conditions apply

Airlines told to keep fares within the prescribed range, and 40 percent seats must be sold at the mid-point of lower and...

22 May 2020 9:32 AM IST

Hong Kong stocks tumble, Asian shares lower as Beijing impose new security law. (AP Photo)

Hong Kong stocks tumble, Asian shares lower as Beijing impose new...

China is set to impose new national security legislation on Hong Kong

22 May 2020 9:19 AM IST

KKR to invest in Reliance Industries digital unit. (PTI Photo)

Reliance Jio gets 5th deal, KKR invests Rs 11,367 crore for 2.32%...

The purchase of the 2.32% stake in Jio Platforms for 113.67 billion rupees is KKR's biggest investment in Asia

22 May 2020 8:55 AM IST