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...
Samsung Electronics narrowed the gap with Apple in terms of profit shares in the third quarter, with more than 30 per cent smartphone market share globally, a new report said…
In a sudden turn of events, some hours before the amalgamation of the Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd is to take effect, the Reserve Bank of…
More than half of the office-goers in India are willing to switch jobs if it meant they could work remotely, said a new survey on Thursday. There has been a…
With over Rs 55,000 crore net purchase of equities, foreign institutional investors (FIIs) have turned net buyers for the year 2020. So far in November, FIIs have made net purchase…
The Donald Trump administration has granted China’s ByteDance further seven-day extension to sell its short video-sharing platform TikTok’s American business. The US Department of Treasury on Wednesday said that the…
This festive season has seen 30-40 per cent growth in e-commerce volumes with overall growth similar to that witnessed last year. A report by financial services major, Bernstein, said: “While…
South Korea’s information watchdog on Wednesday fined Facebook Inc. 6.7 billion won (US$6 million) for passing information of at least 3.3 million South Koreans to other companies in its first…
India’s national carrier Air India is set to connect Bengaluru and San Francisco via a non-stop flight from 2021, the Kempegowda International Airport said on Wednesday. The airline is expected…
The global airline industry’s net losses might widen to $118.5 billion in 2020, the International Air Transport Association (IATA) said on Tuesday. In its revised outlook for airline industry performance…
Xiaomi on Tuesday announced its third quarter results, beating industry estimates with record revenue and net profit riding on the stellar performance of its smartphone business. The China-based company registered…
