Business - Asian News from UK

Indian-origin Raja Kumar takes over FATF presidency

Raja Kumar, President of the Financial Action Task Force (FATF) started his work as the chief of the world’s anti-money laundering and anti-terrorism financing agency on Friday. Indian origin Raja Kumar will

July 2, 2022

-Top News·Business·India News

GST REJIG: What gets cheaper, What’s costlier

The GST for transport of good and passengers by ropeway is down to five per cent from 18 per cent and the renting of truck/goods carriage where cost of fuel is included

July 1, 2022

Business·India News

Lenskart buys Japan’s Owndays

The current major shareholders L Catterton, Mitsui and Principal Investments will exit their positions to Lenskart…reports Asian Lite News Omnichannel eyewear unicorn Lenskart on Thursday announced it has taken a majority stake

July 1, 2022

Business

‘Funding winter’ hits startups hard

The irony is that while funding still flows in the Indian startup ecosystem, the ratio of laying off employees is growing exponentially, with lay-off news dominating the headlines….reports Asian Lite News As

July 1, 2022

Business·India News

Lulu announces massive investment in retail sector

Lulu Group International is one of the few retailers who continued expansion during the COVID-19 pandemic by opening 50 large-format outlets including 44 hypermarkets and 6 fulfilment centres from 2020 till date,

June 30, 2022

Business·UAE News

Unbranded packaged food to now attract GST

The Council will decide on extending the GST compensation date that is ending on June 30 with several state Finance Ministers demanding the same….reports Asian Lite News Unbranded pre-packaged food items, hotels

June 30, 2022

Business·India News

Japan’s Renesas, Tata team up for ‘chips’

Renesas will collaborate with Tejas for implementing next-generation wireless network solutions, including design and development of semiconductor solutions for radio units…reports Asian Lite News Japanese Renesas Electronics Corporation, a leading supplier of

June 30, 2022

Business·India News

87% Indian firms set to hike AI spending’

The report was launched by Amitabh Kant, CEO, NITI Aayog, in the presence of top executives from the companies….reports Asian Lite News Nearly 87 per cent of enterprises in India are likely

June 29, 2022

Business·India News

Bertelsmann bets big on Indian startups

Since its launch in 2013, BII has successfully invested in more than 17 companies, some already valued as unicorns….reports Asian Lite News Bertelsmann India Investments (BII) on Tuesday announced to invest around

June 29, 2022

Business·India News

Centre promises smooth credit flow for MSMEs

The minister further said that the MSME sector was being developed as a new engine of growth in the country. It is being modernized through innovation and will be more competitive….reports Asian

June 29, 2022

Business·India News

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