Business – Page 350 – Asian News from UK

India’s Port Sector In Path of Recovery: Ind-Ra

India’s port volumes are yet to recover fully from the Covid-19 pandemic-induced trends such as shortage of containers amid a demand-supply imbalance, says India Ratings and Research (Ind-Ra). In a report on

November 30, 2020

Business·Economy

DBS group to infuse Rs 2,500 Cr to LVB Soon

Lakshmi Vilas Bank (LVB) is now amalgamated with DBS Bank India Limited (DBIL), the wholly owned subsidiary of Singapore-based DBS Group Holdings Ltd. In a statement on Monday, DBS Bank said that

November 30, 2020

Business·Economy·India News

Prannoy, Radhika Guilty of Insider Trading

The Securites and Exchange Board of India (SEBI) has found Prannoy Roy and Radhika Roy, the co-founders of New Delhi Television Ltd (NDTV) guilty of insider trading. Along with barring them from

November 30, 2020

Business·India News

Positive trends expected to boost equity markets

Faster-than-anticipated economic recovery along with likely continuation of accommodative monetary stance will support the domestic indices’ expected northward trajectory during the week ahead. However, spurts of likely profit bookings coupled with expensive

November 30, 2020

Business·Economy·India News

No Huawei 5G Equipment In UK from Sep 2021

The UK government announced on Monday that the Chinese telecom giant Huawei will not be able to install its 5G equipments in the country from September 2021. The Department for Digital, Culture,

November 30, 2020

Business·UK News

Black Friday sales top $9 Billion in US

US consumers spent $9 billion online during the Black Friday sale, up by 21.6 per cent on a year ago. Smartphones alone accounted for $3.6 billion in sales — up by 25.3

November 29, 2020

Business·USA

India’s Q2 FDI inflows touch $28.10 Bn

The total foreign direct investment (FDI) during the second quarter of financial year 2020-21 stood at $28.10 billion, out of which FDI equity inflows were $23.44 billion. “This takes the FDI equity

November 29, 2020

Business·Economy·India News

China’s cloud infra spending grows 65% in Q3

Alibaba Cloud remained the leader in the China Cloud services market in Q3 with a 41 per cent market share and continued strong growth. The China Cloud infrastructure spend grew 65 per

November 29, 2020

Business·World News

Samsung’s Smartphone Profits Spike in Q3

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 on Friday.

November 27, 2020

Business·World News

RBI grants Rs 318.20 relief to LVB

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 India (RBI)

November 27, 2020

Business·Economy·India News

Business - Page 350