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May 31, 2024
05/24
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nikhil inamdar. bbc news, mumbai. a usjudge has approved a bankruptcy plan to allow an office supplier provider to eliminate $4 billion in debt. the company was hailed as the future of the office racked up losses during an aggressive global expansion. it filed for bankruptcy last year. wework will have a new owner, which supplies software to office and residential landlords. it will provide wework with $450 million in financing, along with other investors, including a japanese group. elon musk has settled in his latest legal fight with the us security and exchange commission. according to a regulatory filing, the multi—billionaire has agreed to testify for the regulator's probe into his 2022 acquisition of social media site twitter. he will face the questioning at an undisclosed date. and the owner of the hit online game wordle is legally challenging a geography —based spin off called worlde. the new york times purchased it for a seven figure sum and accuses its near namesake of attempting to capitalise on the eno
nikhil inamdar. bbc news, mumbai. a usjudge has approved a bankruptcy plan to allow an office supplier provider to eliminate $4 billion in debt. the company was hailed as the future of the office racked up losses during an aggressive global expansion. it filed for bankruptcy last year. wework will have a new owner, which supplies software to office and residential landlords. it will provide wework with $450 million in financing, along with other investors, including a japanese group. elon musk...
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May 15, 2024
05/24
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our india business correspondent nikhil inamdar has more on the impact. brand modi is the only thing this election is about! - the prime minister has vanquished - the opposition. india's television news screens night after night dishing out flattering coverage of the prime minister. for long ndtv was widely considered a lone independent voice. last year it was snapped up in a hostile takeover by a billionaire tycoon. this journalist became part of a mass exodus as things began to change at the channel. look at the channel today it is far more sympathetic to the government, far more hostile to the opposition. there was a series of documentaries months after the takeover, and advertorial for the achievements of the victim government. the adani group denies these allegations saying that the television operates with editorial freedom, impartiality and the highest ethical standards. india has hundreds of tv news channels. the opposition runs many regional ones but at the national level most are owned or controlled by ruling politicians or select business baron
our india business correspondent nikhil inamdar has more on the impact. brand modi is the only thing this election is about! - the prime minister has vanquished - the opposition. india's television news screens night after night dishing out flattering coverage of the prime minister. for long ndtv was widely considered a lone independent voice. last year it was snapped up in a hostile takeover by a billionaire tycoon. this journalist became part of a mass exodus as things began to change at the...
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May 15, 2024
05/24
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our india business correspondent nikhil inamdar has more on the impact. brand modi is the only thing this election _ brand modi is the only thing this election is _ brand modi is the only thing this election is about! - brand modi is the only thing this election is about! the . this election is about! the prime _ this election is about! the prime minister— this election is about! the prime minister has - this election is about! the - prime minister has vanquished the opposition _ prime minister has vanquished the opposition.— the opposition. india's television _ the opposition. india's television new - the opposition. india's| television new screens the opposition. india's - television new screens night after night differential sharing out flattering coverage of the prime minister. for long indian tv was widely considered a lone independent voice. last year it was snapped up in a hostile takeover by a billionaire tycoon. journalists became part of a mice exodus as things began to change at the channel. ., ., ~' . things began to change at the channel.
our india business correspondent nikhil inamdar has more on the impact. brand modi is the only thing this election _ brand modi is the only thing this election is _ brand modi is the only thing this election is about! - brand modi is the only thing this election is about! the . this election is about! the prime _ this election is about! the prime minister— this election is about! the prime minister has - this election is about! the - prime minister has vanquished the opposition _ prime...
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May 21, 2024
05/24
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our india business correspondent nikhil inamdar has the latest. the heat is particularly bad in new delhi where temperatures have soared above 45 degrees over the last few days. the department has predicted that maximum temperatures in many northern cities will hover around these levels in the coming days as the heat wave spreads to parts of western and central india. this comes as early as that to go to the polls. turner has been affected because of the extreme temperatures with the election authorities extending voting timings and asking people to protect themselves against the extreme heat. the central bank has also warned last month the soaring mercury could pose a risk to food inflation which has remained sticky here in india. companies are seeing ac units flying off the shelves and expecting double—digit sales growth this season. and before we go, gold prices have hit another record as investors pour money into the safe—haven asset. the inflows come amid a lower appetite for risk, given rising geopolitical tensions and uncertainty over w
our india business correspondent nikhil inamdar has the latest. the heat is particularly bad in new delhi where temperatures have soared above 45 degrees over the last few days. the department has predicted that maximum temperatures in many northern cities will hover around these levels in the coming days as the heat wave spreads to parts of western and central india. this comes as early as that to go to the polls. turner has been affected because of the extreme temperatures with the election...
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May 23, 2024
05/24
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inamdar has more on what's going on. well, these numbers released by the rbi shows that india raised about $71 billion from foreign investors in financial year 2023-24. that is investors in financial year 2023—24. that is marginally lower than the previous year, but about 13% below the highs that we saw in 2020. now, the slowdown in foreign in—flows raises concerns about india's ambitions to emerge as an alternative investment destination to china. the rbi says the in—flows have been affected by rising protectionism globally and tough geopolitics. reduced venture capital and private equity funding into start—ups could also have had an impact. what's more, even as the in—flow foreign investments in the country is falling, the amount of money that global investors have ta ken amount of money that global investors have taken out of india hasjumped by 30% investors have taken out of india has jumped by 30% this year. this could be because of investors cashing out their existing india investments and re—allocating
inamdar has more on what's going on. well, these numbers released by the rbi shows that india raised about $71 billion from foreign investors in financial year 2023-24. that is investors in financial year 2023—24. that is marginally lower than the previous year, but about 13% below the highs that we saw in 2020. now, the slowdown in foreign in—flows raises concerns about india's ambitions to emerge as an alternative investment destination to china. the rbi says the in—flows have been...
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May 20, 2024
05/24
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our india business correspondent nikhil inamdar has the latest. that heat is particularly bad in new delhi where temperatures have soared over 45 degrees. the department predicted the maximum temperatures will have her around these levels around the coming days. this comes as delhi gets set to go to the polls in the next phase. voter toner has been affected —— it turn out. authorities are extending voting times and asking people to protect themselves against heat. the central bank has also warned last month that the soaring mercury could pose a risk to flute inflation which has remained quite sticky —— food and inflation. easy units are flying off the shelf and its expected double—digit sales growth this season. expected double-digit sales growth this season.- expected double-digit sales growth this season. let's take a look at wall _ growth this season. let's take a look at wall street. - growth this season. let's take a look at wall street. we - growth this season. let's take a look at wall street. we saw| a look at wall street. we saw
our india business correspondent nikhil inamdar has the latest. that heat is particularly bad in new delhi where temperatures have soared over 45 degrees. the department predicted the maximum temperatures will have her around these levels around the coming days. this comes as delhi gets set to go to the polls in the next phase. voter toner has been affected —— it turn out. authorities are extending voting times and asking people to protect themselves against heat. the central bank has also...
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May 14, 2024
05/24
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our india business correspondent nikhil inamdar has more on the impact. brand modi is the only thing this election is about. the prime minister _ this election is about. the prime minister has - this election is about. the prime minister has vanquished all the — prime minister has vanquished all the opposition... prime minister has vanquished all the opposition. . ._ all the opposition... india's tv news — all the opposition... india's tv news screens _ all the opposition... india's tv news screens night - all the opposition... india's| tv news screens night after night, dishing out flattering coverage of the prime minister. prime minister modi... coverage of the prime minister. prime minister modi. . .- prime minister modi. .. prime minister narendra _ prime minister modi. .. prime minister narendra modi. .. . prime minister modi. .. prime| minister narendra modi. .. for lona , minister narendra modi. .. for lona, in minister narendra modi. .. for long. in dtv _ minister narendra modi. .. for long, in dtv was _ minister narendra modi... fir?" long, i
our india business correspondent nikhil inamdar has more on the impact. brand modi is the only thing this election is about. the prime minister _ this election is about. the prime minister has - this election is about. the prime minister has vanquished all the — prime minister has vanquished all the opposition... prime minister has vanquished all the opposition. . ._ all the opposition... india's tv news — all the opposition... india's tv news screens _ all the opposition... india's tv news...
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May 21, 2024
05/24
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our india business correspondent nikhil inamdar sent us this report on what's plaguing the sector. it has constantly been calling off of as high as 22% and passengers in april 2023 to just over two and a half percent last month. there are a number, despite, idemand, india's airlines have been battling a range of supplies. indigo is proud to engine issues and pilots pilots and crew issues. also sick leave due to salary disputes. we've also seen airlines like goair going bankrupt and others going through flight crunches. this is mean spheres have been sky—high and that led to slowing traffic, according to analysts. but for both international and domestic sectors, passenger traffic is expected to draw at least 8—10% levels according to one particular estimate. 407 for— forage making due to a strong pickoff in both leisure and business travel here in india. in march, consumer prices came in at 3.2%, which was its lowest level in two—and—a—half years. analysts and economists are predicting that the april cpi print will hover at around 2%. so what could this mean for the futu
our india business correspondent nikhil inamdar sent us this report on what's plaguing the sector. it has constantly been calling off of as high as 22% and passengers in april 2023 to just over two and a half percent last month. there are a number, despite, idemand, india's airlines have been battling a range of supplies. indigo is proud to engine issues and pilots pilots and crew issues. also sick leave due to salary disputes. we've also seen airlines like goair going bankrupt and others going...
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May 22, 2024
05/24
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our india business correspondent nikhil inamdar sent us this report on what's plaguing the sector. passenger growth has been continuously coming off over the last year from highs of about 22% in april 2023 to just over 2.5% last month. there are a number of reasons for that. despite high demand, india's have been battling a range of supply—side concerns from dozens of aircraft being grounded due to engine issues to carriers like air india having staff go on sick leave due to salary disputes. others have been going bankrupt and spicejet fighting a cash crunch. fares have been skyhigh and that has led to smaller traffic. but overall for both international and domestic sectors, passenger traffic is expected to grow this year according to one particular estimate. reaching about 407—480 million due to a strong pickup in both leisure and business travel here in india. japan is turning out to be a popular tourist destination this year. it welcomed 2.7 million visitors injanuary and a little more in february. foreign visitor arrivals hit a new monthly record in march, past the 3 millio
our india business correspondent nikhil inamdar sent us this report on what's plaguing the sector. passenger growth has been continuously coming off over the last year from highs of about 22% in april 2023 to just over 2.5% last month. there are a number of reasons for that. despite high demand, india's have been battling a range of supply—side concerns from dozens of aircraft being grounded due to engine issues to carriers like air india having staff go on sick leave due to salary disputes....
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May 20, 2024
05/24
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let's go live there now and join our india business reporter nikhil inamdar. for those voting at the moment, what is top of their agenda, what are they thinking about when they cast their votes?— they thinking about when they cast their votes? . , ., .., , ., their votes? well, you can see i am here outside _ their votes? well, you can see i am here outside a _ their votes? well, you can see i am here outside a big _ their votes? well, you can see i am here outside a big bowl— their votes? well, you can see i am here outside a big bowl and - their votes? well, you can see i am here outside a big bowl and in - here outside a big bowl and in mumbai. this is the financial capital of the country. it is where the billionaires live, where the big companies are headquartered and the economy is on top of the minds of people. this is also a city of sharp inequities. you have millions of people living in shanty in slums, so things such as affordable housing, inflation, unemployment or national issues also on the top of people in mumbai. and then there are local issu
let's go live there now and join our india business reporter nikhil inamdar. for those voting at the moment, what is top of their agenda, what are they thinking about when they cast their votes?— they thinking about when they cast their votes? . , ., .., , ., their votes? well, you can see i am here outside _ their votes? well, you can see i am here outside a _ their votes? well, you can see i am here outside a big _ their votes? well, you can see i am here outside a big bowl— their votes?...
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May 17, 2024
05/24
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let's speak with nikhil inamdar, our india business correspondent. welcome to the programme. as i was saying, this is a trade worth $4 billion, this is potentially a huge problem, isn't it? it is billion, this is potentially a huge problem, isn't it?— billion, this is potentially a huge problem, isn't it? it is certainly a hue problem, isn't it? it is certainly a huge problem- — problem, isn't it? it is certainly a huge problem. when _ problem, isn't it? it is certainly a huge problem. when singapore i problem, isn't it? it is certainly a i huge problem. when singapore and hong kong, back in april essentially banned these mixed spices from major companies, everest and mdh. this, as you pointed out, the uk regulator is essentially telling the bbc that they have issued warning signs as early as january 2023, reuters is reporting sources from the us, essentially has been seeing 15% of the shipments of one of these brands, mdh, being rejected for quite some time. this is certainly a big problem as you pointed out, about $4 billion. it is also a massive domestic market, spices
let's speak with nikhil inamdar, our india business correspondent. welcome to the programme. as i was saying, this is a trade worth $4 billion, this is potentially a huge problem, isn't it? it is billion, this is potentially a huge problem, isn't it?— billion, this is potentially a huge problem, isn't it? it is certainly a hue problem, isn't it? it is certainly a huge problem- — problem, isn't it? it is certainly a huge problem. when _ problem, isn't it? it is certainly a huge problem. when...
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May 21, 2024
05/24
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inamdar has the latest. while the heat is particularly bad in the capital new delhi where temperatures have soared above a5 degrees over the last few days, india's met department has predicted that maximum temperatures in many northern cities will hover around these levels in coming days as the heatwave spreads to parts of western and central india. this comes as delhi get set to go to the polls in the next phase. voter turnout has been affected by the extreme temperatures with the election authorities extending voting timing and asking people to protect themselves against extreme heat. india's central bank also warned last month that the soaring mercury could cause a risk to food inflation which has remained quite sticky here in india. air conditioning companies meanwhile are seeing units fly off the shelves and are expecting double—digit sales to close the season. microsft has unveiled a new range of personal computers that has ai capabilities built directly into its windows operating system. 0ur north a
inamdar has the latest. while the heat is particularly bad in the capital new delhi where temperatures have soared above a5 degrees over the last few days, india's met department has predicted that maximum temperatures in many northern cities will hover around these levels in coming days as the heatwave spreads to parts of western and central india. this comes as delhi get set to go to the polls in the next phase. voter turnout has been affected by the extreme temperatures with the election...
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May 15, 2024
05/24
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nikhil inamdar, bbc news, new delhi. it is something entirely different, now. news that taylor swift's tour will boost spending by more than £1 billion. more than 15 dates that she will perform in uk in the summer with an average of £848 on tickets, accommodation, and crucially, fancy outfits. that is your business today, by by. hello, from the bbc sport centre. i'm anne—marie batson. manchester city's win at tottenham in the premier league means sunday's final day of the season will see something that's never happened before. either manchester city will become the first side to win the english title four years in a row, or they will become the first premier league side to be overtaken on the final day. second—half goals from erling haaland have put manchester city two points clear of arsenal in the race for the title. a win at home to west ham on sunday would see pep guardiola's side crowned champions again. any other result would give arsenal the chance to snatch the title instead. and guardiola's already thinking about what can happen. of course it is
nikhil inamdar, bbc news, new delhi. it is something entirely different, now. news that taylor swift's tour will boost spending by more than £1 billion. more than 15 dates that she will perform in uk in the summer with an average of £848 on tickets, accommodation, and crucially, fancy outfits. that is your business today, by by. hello, from the bbc sport centre. i'm anne—marie batson. manchester city's win at tottenham in the premier league means sunday's final day of the season will see...