Business - Asian News from UK

Google, Mithril Capital Invests $145 Mn In Glance

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 Mithril Capital.

December 22, 2020

Business·Tech LITE

India’s Housing Sales Plummet In 2020

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 the major

December 22, 2020

Business·Economy·India News

China To see 40% 5G connected cars by 2025: Report

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 research. The

December 20, 2020

Business·China·Tech LITE

Reliance, BP Begin Gas Production From Ultra Deep Water Field

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 and BP

December 20, 2020

Business·Economy·India News

Bharti, UK Govt Led Oneweb Puts 36 satellites In Orbit

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 by OneWeb

December 20, 2020

Business·UK News

Huge Jump In Loan Write-offs in NDA Era: Report

“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 than five

December 20, 2020

Business·Economy·India News

Defaulting Wages: Apple Puts Wistron On Probation

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 the Karnataka

December 20, 2020

Business·Economy·India News·USA

Flipkart Sees 35% Increase In New Seller Presence

With the rise in online shopping amid the pandemic this year, not only in metros but also in tier-3 cities and beyond, Flipkart on Friday said it saw close to a 35

December 18, 2020

Business·India News

TATA Acquires Marcopolo’s Share In Its Bus Business

Indian automobile major Tata Motors Ltd on Thursday said it would buy the 49 per cent stakes of Marcopolo S.A. in the bus and coach making joint venture Tata Marcopolo Motors Ltd

December 17, 2020

Business·Motoring

Mondelez India All Set For Steady Growth In Snacking Sector

After a healthy festive season led demand push, snacking major Mondelez India foresees continuance of positive off-take sentiment. Accordingly, Mondelez India, which was formerly, known as Cadbury India has cited that pandemic

December 17, 2020

Business·India News

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