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Tag: Business
HSBC Bank’s Profits Rise Significantly Due to Higher Interest Rates-thumnail

HSBC Bank’s Profits Rise Significantly Due to Higher Interest Rates

One of the world’s largest banks, HSBC, reported a huge jump in its pre-tax profits for 2023. The London-headquartered financial institution earned $30.3 billion before taxes last year, up nearly

Business

Feb 21, 2024

Metropolitan Group Ranks Among Top Workplaces in UAE-thumnail

Metropolitan Group Ranks Among Top Workplaces in UAE

The Metropolitan Group has achieved its highest ever ranking in the Great Place to Work UAE Index, placing third among large companies in 2024. This recognises Metropolitan’s efforts to create

Business

Feb 21, 2024

Tarun Chhabra will succeed Sanjay Malik as Nokia India’s country manager.-thumnail

Tarun Chhabra will succeed Sanjay Malik as Nokia India’s country manager.

Nokia, the Finnish IT and technology corporation, said on Tuesday that Tarun Chhabra has been appointed as its country manager in India, effective April 1, 2024. He will succeed Sanjay

Business

Feb 20, 2024

JSW Group and Volkswagen are in talks for an electric vehicle joint venture in India.-thumnail

JSW Group and Volkswagen are in talks for an electric vehicle joint venture in India.

This proposed initiative with Volkswagen would be distinct from the joint venture already underway with SAIC Motor Corp., in which JSW Group has a 35% share. According to Moneycontrol, Sajjan

Business

Feb 20, 2024

IREDA and PNB partner to Increase Financing for Renewable Energy Projects in India-thumnail

IREDA and PNB partner to Increase Financing for Renewable Energy Projects in India

In a crucial step toward accelerating renewable energy development, IREDA (Indian Renewable Energy Development Agency) and PNB (Punjab National Bank) have signed a Memorandum of Understanding. This collaborative cooperation seeks

Energy

Feb 19, 2024

Hospitality Industry Forecasts 11-13% Revenue Growth in FY25, According to a Report.-thumnail

Hospitality Industry Forecasts 11-13% Revenue Growth in FY25, According to a Report.

The analysis stated that robust demand dynamics, combined with limited new supply, will keep the industry’s operating performance solid in the short future. According to research released on Monday, the

Business

Feb 19, 2024

Air India & Tata Advanced Systems Plan to Invest ₹2,300 Crore in Karnataka-thumnail

Air India & Tata Advanced Systems Plan to Invest ₹2,300 Crore in Karnataka

Air India intends to establish a Maintenance Repair and Overhaul (MRO) facility and “create” Bengaluru as South India’s aviation hub. Air India would invest Rs 1,300 crore to execute maintenance,

Business

Feb 19, 2024

Paytm and Axis Bank to partner for UPI payments-thumnail

Paytm and Axis Bank to partner for UPI payments

Paytm is one of India’s largest digital payment platforms with over 300 million users. However, it has faced some issues recently regarding its payments business. The Reserve Bank of India

Business

Feb 19, 2024

New Luxury Taxi Service Launched in Dubai for Millionaires-thumnail

New Luxury Taxi Service Launched in Dubai for Millionaires

A new taxi company has started operating in Dubai that is aimed only at millionaires and high net worth individuals. The service called Black & White is hoping to compete

New Launch

Feb 19, 2024

World’s Rarest and Most Expensive Supercars to be Auctioned in Dubai-thumnail

World’s Rarest and Most Expensive Supercars to be Auctioned in Dubai

Some of the rarest and most expensive supercars in the world will be available to buy at an auction happening next month in Dubai. The auction is being organised by

Business

Feb 19, 2024

R Hari Kumar, Chief of Naval Staff, Inaugurates Nibe Defence and Aerospace Ltd.-thumnail

R Hari Kumar, Chief of Naval Staff, Inaugurates Nibe Defence and Aerospace Ltd.

The Chief of Naval Staff, Admiral R Hari Kumar, recently marked the opening of Nibe Defence and Aerospace Limited’s new manufacturing facility in Pune, Maharashtra. With an emphasis on the

Business

Feb 19, 2024

Service Between Thiruvananthapuram and Kuala Lumpur Will Be Launched by Air Asia-thumnail

Service Between Thiruvananthapuram and Kuala Lumpur Will Be Launched by Air Asia

According to an announcement from the airport, on February 21, AirAsia Berhad will begin offering direct service from Thiruvananthapuram International Airport to Kuala Lumpur, the capital city of Malaysia. AirAsia

Business

Feb 19, 2024


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