As the country is also facing a severe fuel shortage, Wickremesinghe, who assumed office on May 12, said that at the moment, “we only have petrol stocks for a single...
The Adani Group company Adani Enterprises forayed into the media business by acquiring an unspecified minority stake in Quintillion Business Media earlier this year…reports Asian Lite News Adani Group’s unit...
In April last year, local chip output surged 29.4 per cent year on year to 28.6 billion units…reports Asian Lite News China has suffered a major setback as its semiconductor...
The court had given conditional stay on the order given by the Enforcement Directorate (ED) on April 29 to seize Rs 5,513.3 crore…reports Asian Lite News After the Enforcement Directorate...
Both Ambuja and ACC will benefit from synergies with the integrated Adani infrastructure platform, especially in the areas of raw material, renewable power and logistics, where Adani Portfolio companies have...
A customer left a whopping $5,600 (over four lakh rupees) tip at a restaurant in the US state of Ohio, which allowed the establishment’s 28-person staff to take home $200…
After a massive plunge in global equities due to renewed Covid fears, market insiders pinned hopes on the $900 billion US stimulus bonanza re-igniting a torrent of foreign fund inflows…
Tech giant IBM has announced to acquire Nordcloud, a European leader in cloud implementation, application transformation and managed services, for an undisclosed sum. Helsinki-based Nordcloud is triple certified in Amazon…
Glance, a subsidiary of InMobi Group and owner of video-sharing social media platform Roposo, on Tuesday announced it has closed a $145 million investment round from Google and existing investor…
Home sales across the top seven cities declined 47 per cent to 1.38 lakh units in 2020, according to a report by Anarock Property Consultants. In 2019, overall sales across…
5G connected car sales volume in China will reach 7.1 million units in 2025, accounting for 40 per cent of the country’s total connected car sales volume, according to latest…
Reliance Industries Limited (RIL) and British Petroleum (BP) have announced the start of production from the R Cluster, ultra-deep-water gas field in block KG D6 off the Kakinada coast. RIL…
Bharti Global and the UK government-led satellite communications company OneWeb announced the launch of 36 satellites from a Soyuz launch vehicle, which began from the Vostochny Cosmodrome (Russia). A statement…
“The official data is not only revealing but very distressing. During the 10 years of UPA government (2004-2014), the total loans written off was Rs 2,20,330 crore, but during less…
Apple has placed Wistron Corporation on probation after finding fault with the company over payment delays in October and November to workers at the Taiwanese contract manufacturer’s Narasapura facility near…