KKR to acquire minority stake in BookMyShow, the company behind Coldplay and Ed Sheeran’s India concerts

Investment firm KKR has agreed to acquire a minority stake in BookMyShow, the Indian ticketing and live entertainment company. The deal gives KKR a position in the business whose live division, BookMyShow Live, has staged concerts in India by Coldplay, Ed Sheeran, Travis Scott, Guns N’ Roses and Post Malone. KKR will make the investment…

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China, India deepen relations with direct flights

China and India are strengthening their bilateral relationship on the heels of the recent talks between President Xi Jinping and Prime Minister Narendra Modi. The Chinese Foreign Ministry on Thursday confirmed that China and India will recommence direct flights before the end of October this year. According to spokesperson Guo Jiakun, the development demonstrates President…

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Freeport-McMoRan Copper And Gold Volumes Shine, CEO Touts China, India As Major Demand Driver

Freeport-McMoRan Inc. (NYSE:FCX) reported better-than-expected second-quarter results on Wednesday, driven by strong copper and gold sales volumes, lower costs, and favorable pricing. The company also marked a major operational milestone with the start-up of its new copper smelter in Indonesia. The company posted adjusted earnings of 54 cents per share, beating the consensus estimate of…

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Black Box Found At Site Of India Plane Crash

Investigators in India have recovered the black box flight recorder from the wreckage of Air India Flight 171, which crashed into a densely populated residential area in Ahmedabad on Thursday, June 12, claiming the lives of at least 265 people. The Boeing 787-8 Dreamliner was en route to London’s Gatwick Airport when it went down…

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