Business – Page 357 – Asian News from UK

RBI mulls LVB’s amalgamation with DBS Bank

The shareholders of the 94-year-old Lakshmi Vilas Bank (LVB) may not be getting anything as per the Reserve Bank of India’s (RBI) draft scheme for its amalgamation with DBS Bank India. The

November 18, 2020

Business·Economy

Kris Gopalakrishnan to become first Chairperson of RBI’s innovation hub

The Reserve Bank of India (RBI) has appointed Infosys co-founder Senapathy (Kris) Gopalakrishnan as Chairperson of the RBI Innovation Hub (RBIH). The RBI in its Monetary Policy Statement on Development and Regulatory

November 17, 2020

Business·Economy

India opens more sectors to foreign investment

India’s Department for Promotion of Industry and Internal Trade, DPIIT, has notified the opening up in more sectors for foreign direct investment. These sectors are single-brand retail trading, contract manufacturing and coal

November 17, 2020

Business·Economy

Thinking About Starting A Business Amid Pandemic?

At a time when popular restaurants and cafes are struggling to get back to their feet, opening up a new venture when revenues are expected to be only about 30 per cent

November 17, 2020

Business·INTERVIEW·LITE BLOGS

Twitter appoints hacker ‘Mudge’ as security head

Twitter has named famed hacker Peiter “Mudge” Zatko as its new head of security a few months after the microblogging site revealed a massive cryptocurrency hack that compromised several high-profile accounts. Known

November 17, 2020

Business

Huawei Sells Honor Smartphone Business To Dodge US Sanctions

Struggling to keep its consumer business afloat in the wake of the US sanctions, Chinese conglomerate Huawei on Tuesday announced to sell off its Honor smartphone business assets to China-based Shenzhen Zhixin

November 17, 2020

Business·World News

BPCL Shares Down As major Oil Giants Skip the Race

Shares of the state-run petroleum major Bharat Petroleum Corp. Ltd. (BPCL) fell nearly five per cent a day after the deadline for submitting bids for the strategic sale of the company ended.

November 17, 2020

Business·Economy·India News

Biden Version Of ‘America First’ Economic Plan

Joe Biden, who has been declared president-elect by the media, has unveiled his own version of an ‘America First’ economic plan pledging “to buy American” with a stringent requirement for government contractors

November 17, 2020

-Top News·Business·USA

Aviation sector to hit pre Covid levels soon: Minister Puri

Civil Aviation Minister Hardeep Singh Puri has exuded confidence that air travel will reach pre-Covid level by the end of current year or early next year. Addressing the ‘Deccan Dialogue’ organised by

November 17, 2020

Business·Economy·Travel & Tourism

World Bank to advise DIPAM on asset monetisation

The Department of Investment and Public Asset Management (DIPAM) on Monday signed an agreement with the World Bank to get advisory services for its asset monetisation plan. Disinvestment department DIPAM is mandated

November 16, 2020

Business·Economy

Business - Page 357