Lenders disagree over Jindal India Thermal debt resolution offer
“The recent deals for resolving stressed thermal power companies have valued them at around Rs 3 crore per megawatt. Jindal’s offer values the company at Rs 2 crore per megawatt. There is a gap that they need to bridge,” one executive familiar with the discussions said.
Federer donates $1 mn towards coronavirus battle for 'most vulnerable families in Switzerland'
Switzerland has the ninth-highest number of in...
Geneva auto show canceled as Switzerland bans large events
The Geneva auto show is being canceled after the Swiss government announced an imm...
Dollar strengthens, boosted by worries over coronavirus impact
The dollar index, which measures the greenback's strength against a basket of six other major currencies, rose about 1.0% to 101.76.
Switzerland reports first coronavirus death
The woman, who was hospitalised in the western city of Lausanne with the virus on Tuesday, died overnight, regional police in the canton of Vaud said in a statement. The woman, who also suffered from a pre-existing chronic illness, had been considered "high risk" from the virus.
Idris Elba tests positive for coronavirus; asks fans to stay at home and be pragmatic
Elba said he had taken the test because he found out he had been exposed to someone with virus.
Looking for best cheese in the world? Gruyere from Switzerland wins the title
Another product from Switzerland, a hard cheese made from cow's milk was runner-up.
Merkel calls coronavirus 'biggest challenge since WWII'
Germany is facing its biggest challenge "since the Second World War" in the fight against the coronavirus, Chancellor Angela Merkel said Wednesday, in what observers called a "final warning" for citizens to heed sweeping confinement measures.
Swiss firm plans steel plant in Kadapa district
This would be the second steel plant that has been proposed in Kadapa district in the Rayalaseema region of the state. As the Centre allegedly did not come forward to set up the steel plant in Kadapa as per the AP Reorganisation Act, 2014, the state government decided to establish one on its own and the Chief Minister laid the foundation stone for it on December 23 last.
WTO prolongs shutdown, bars staff from premises over virus
The Geneva-based world trade body initially announced last Tuesday that it would suspend all meetings until March 20 after one of its staff members contracted the new coronavirus.
Silver lining for some: Virus shutdown boosts non-life insurers
Such is the expected drop in motor accident claims, several brokers have raised target share prices for the likes of PICC and ZhongAn Online P & C Insurance.
Dollar resumes descent against safe-haven currencies in volatile trade
Against the yen, the dollar lost 0.6 per cent to 104.98 yen, down almost a full yen from Tuesday's high.
Top Swiss startups scale to India through swissnex
swissnex India coaches these early-stage and growth-stage startups on business pivot strategies, product or service localisation, market understanding and access to few handpicked potential collaborators and customers in India.
Pakistan exposed at UNHRC for sponsoring, exporting terrorism
An European think-tank has exposed Pakistan at UN Human Rights Council for sponsoring and exporting terrorism despite it facing strict regul...
CIA spied on countries including India, Pakistan through secretly-owned Swiss encryption firm: Report
The company specialised in communications and information security and was founded in the 1940s as an independent firm. The CIA and the National Security Agency (NSA) spied on allies and adversaries alike through Crypto AG specialising in making cryptography equipment, the report said.
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