BUSINESS
India to spend $12 bn on airports in next two years as traffic picks up
March 21, 2023
India to spend $12 bn on airports in next two years as traffic picks up
India will spend around $12 billion on revamping airports over the next two years, with orders for hundreds of new aircraft…
UBS agrees takeover of stricken Credit Suisse for $3.25bn
March 20, 2023
UBS agrees takeover of stricken Credit Suisse for $3.25bn
The Swiss government has forced through the takeover of stricken bank Credit Suisse by rival UBS for almost $3.25bn (£2.65bn)…
Adani companies did Rs 10,000 crore scam in power generation in Maharashtra, Rajasthan, claims AAP
March 19, 2023
Adani companies did Rs 10,000 crore scam in power generation in Maharashtra, Rajasthan, claims AAP
The AAP on Saturday accused Adani Enterprise Limited of doing a Rs 10,000 crore scam in the generation and distribution…
Russia may take over Toyota plant in St Petersburg: State media
March 18, 2023
Russia may take over Toyota plant in St Petersburg: State media
Russian trade minister quoted as saying transfer of factory ‘being considered’. Toyota’s St Petersburg plant may be transferred to Russian…
Meet Binny Bansal, one of the youngest billionaires who is likely to invest around $150 million in PhonePe
March 13, 2023
Meet Binny Bansal, one of the youngest billionaires who is likely to invest around $150 million in PhonePe
Binny Bansal, one of the youngest billionaires in India is an Internet Billionaire who co-founded the e-commerce platform Flipkart and…
Silicon Valley Bank collapse leaves Indian startups worried
March 12, 2023
Silicon Valley Bank collapse leaves Indian startups worried
New Delhi: The collapse of Silicon Valley Bank (SVB) in the US has left several Indian startups worried who have exposure to its…
World’s leading leather trade fair APLF returns to the UAE
March 12, 2023
World’s leading leather trade fair APLF returns to the UAE
This one-of-a-kind event, recognised by the leather industry as the most important trade fair, will be held at the Dubai…
US adds 311,000 jobs in February; UK economy returns to growth; regulators take over Silicon Valley Bank
March 11, 2023
US adds 311,000 jobs in February; UK economy returns to growth; regulators take over Silicon Valley Bank
UK economy has proved ‘more resilient than many expected’ says chancellor Jeremy Hunt, while problems at Silicon Valley Bank knock…
Meet Amit Chaudhary, COO whom Ratan Tata helped with Rs 10 lakh; his firm is worth Rs 37,000 crore now
March 10, 2023
Meet Amit Chaudhary, COO whom Ratan Tata helped with Rs 10 lakh; his firm is worth Rs 37,000 crore now
The Abu Dhabi Investment Authority or ADIA is reportedly buying stakes in India’s Lenskart. According to a report in Bloomberg,…
‘$1 bn is peanuts for us’: Anil Agarwal on Vedanta’s dues by June 2023
March 9, 2023
‘$1 bn is peanuts for us’: Anil Agarwal on Vedanta’s dues by June 2023
Mining giant Vedanta’s chairman Anil Agarwal has dismissed concerns about the payment for upcoming debt maturities worth $900 million by…