Business - Arab Daily Digital

India Govt Set To Challenge Vodafone, Cairn Arb Awards

The Indian government may mount a challenge against the arbitration awards passed against it over retrospective taxation levy on Cairn Energy and Vodafone Group. Sources privy to the development said that as

23 December 2020

Business·Economy·India News·UK News

India To See Huge Boost In Home Sales In 2021: Report

Around 82 per cent of the people across the major cities plan to buy a residential property in 2021, according to a report by NoBroker.com. The purchase sentiment among the people last

23 December 2020

Business·Economy·India News

Int’l Tribunal Rejects India’s Rs 10K Cr Claim Against Cairn

British energy major Cairn Energy has won an international arbitration case against the Indian government over a tax dispute. An international arbitration tribunal ruled that India’s tax claim of Rs 10,247 crore

23 December 2020

Business·Economy·India News·UK News·World News

A Whopping $5,600 Tip Left Restaurant Staffs In Tears

A customer left a whopping $5,600 (over four lakh rupees) tip at a restaurant in the US state of Ohio, which allowed the establishment’s 28-person staff to take home $200 each, a

22 December 2020

Business·Lifestyle·USA

Emerging Economies Expect Benefits From $900 Bn US Stimulus

After a massive plunge in global equities due to renewed Covid fears, market insiders pinned hopes on the $900 billion US stimulus bonanza re-igniting a torrent of foreign fund inflows into emerging

22 December 2020

Business·Economy·USA

IBM Takes Over Eurpean Cloud Firm Nordcloud

Tech giant IBM has announced to acquire Nordcloud, a European leader in cloud implementation, application transformation and managed services, for an undisclosed sum. Helsinki-based Nordcloud is triple certified in Amazon Web Services

22 December 2020

Business·EU News

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.

22 December 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

22 December 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

20 December 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

20 December 2020

Business·Economy·India News

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