India's Tata Power names Sanjay Banga as CEO, posts Q2 profit jump - Reuters

More in Business

• T-Mobile illegally imposed 50 GB cap on low-income home Internet plan, NY says

  State officials contend that the wireless carrier failed to meet legally mandated standards for affordable connectivity by severely limiting access for qualifying households. Regulators argue that degrading connection performance after a specific usage threshold directly violates regional requirements established to protect low-income broadband subscribers. This enforcement push aims to ensure essential online services remain fully accessible to vulnerable communities without artificial service reductions.

  1 min read
• Mexico says crackdown on Asian steel shipments is paying off as US tariff talks advance

  Officials report positive momentum from recent trade enforcement actions designed to resolve cross-border disputes with Washington. By curbing inbound flows of Asian metal, Mexican authorities aim to alleviate long-standing American market pressures and support bilateral negotiations. These targeted measures are strategically timed to advance critical agreements and stabilize regional industrial ties.

  1 min read
• Olaf Sakkers is betting  he can beat the emerging-manager squeeze

  RedBlue Capital has secured an initial close on a planned $50 million second fund targeting robotics, energy, logistics, and manufacturing startups. The achievement highlights rare momentum for an emerging firm during a severe funding drought where established players dominate the vast majority of limited partner capital. Founder Olaf Sakkers is leveraging strong early paper returns and a strategy of writing small syndicated checks to attract institutional investors.

  4 min read