Business - Asian News from UK

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

Emirates rated ‘world’s safest airline’

Emirates has been rated the safest airline in the world in its response to the COVID-19 Pandemic according to the Safe Travel Barometer. The airline, which has set industry-leading safety standards since

November 16, 2020

Business·UAE News

As deadline arrives, Govt expects quality bids for BPCL

As the deadline for submitting the Expressions of Interest (EoI) for privatisation of BPCL close on Monday there is buzz of mixed interest amongst the bidders. There is buzz that global majors

November 16, 2020

Business·Economy

Reliance Retail Takes Over Urban Ladder

Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited (RIL) has acquired equity shares of Urban Ladder Home Decor Solutions Private Limited (UrbanLadder) for a cash consideration of Rs 182.12

November 15, 2020

Business·India News

COVID19 disruption Casts Shadow on PLL-Tellurian Deal

In what may be a big casualty of Covid-19 related market disruptions, India’s Petronet LNG Ltd. may push back its $2.5 billion investment plan in US LNG developer Tellurian’s upcoming Driftwood LNG

November 15, 2020

Business·Economy

Chromebooks, tablets lead global PC market: Report

Google Chrome OS-based Chromebooks were the best performing PC product in the third quarter of 2020, as shipments grew 122 per cent to a total of a record high of 9.4 million.

November 15, 2020

Business·Tech LITE

After 6 months, India’s industrial production sees growth in Sep

A favourable base effect, along with inventory build-up prior to the festive season, accelerated India’s industrial activity on both sequential as well as on the year-on-year basis in September, official data showed

November 13, 2020

Business·Economy·India News

Pfizer CEO sold $5.6 Mn stock on vaccine announcement day

Pfizer CEO Albert Bourla sold $ 5.6 million worth of company stock on Monday — the same day it said its and BioNTech’s coronavirus vaccine was more than 90 per cent effective.

November 11, 2020

Business·USA

EU finds fault with Amazon on abuse of dominant position

The European Commission has reached a preliminary conclusion that Amazon has illegally abused its dominant position as a marketplace service provider in Germany and France, breaching EU antitrust rules by distorting competition

November 11, 2020

Business·EU News

Business - Page 372