Business – Page 224 – Arab Daily Digital

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

20 December 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

20 December 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

20 December 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

20 December 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

18 December 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

17 December 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

17 December 2020

Business·India News

Samsung, IBM Join Hands To Provide 5G Solutions

Samsung Electronics on Thursday said that it will collaborate with IBM to develop enterprise solutions with cutting-edge technologies. Samsung said it aims to provide enterprises with new 5G, edge computing and hybrid

17 December 2020

Business

DISCOM Revenues Fell 3% Since FY16: Report

Direct tariff electricity subsidies from the state governments have increased 32 per cent since FY 2016, amounting to Rs 1,10,391 crore ($14.96 billion) in FY 2019, an independent report by the Council

17 December 2020

Business·Economy·India News

Wall Street readies to sabotage Biden’s China fightback

It will be clear from statistics that President Trump’s battle to retain US primacy has been less than successful, in large part because he has surrounded himself with the favourites of Wall

17 December 2020

-Top News·Business·USA

Business - Page 224