Economy - Arab Daily Digital

South Korea’s Daewoo Returns to India

Daewoo has formed a strategic partnership with Kelwon Electronics and Appliances Private Limited, based in Gurugram…reports Asian Lite News South Korean company Daewoo on Wednesday announced its re-entry in the Indian market

27 October 2023

Business·Economy·India News

Databricks Acquires Arcion in $100M Deal

The company acquired Arcion for about $100 million, including incentives…reports Asian Lite News US-based data and AI company Databricks has acquired data startup Arcion, which helps enterprises quickly and reliably replicate data

27 October 2023

Business·Economy·USA

Investor Caution in IT Stocks

Rupee depreciation and cost control seems to have helped in margins inching up. Companies activated a few levers to defend margins….reports Asian Lite News Early results from the information technology (IT) and

23 October 2023

Business·Economy·India News

RBI Holds Key Repo Rate at 6.5%

The MPC, in its policy review meeting, had retained the key repo rate at 6.5 percent, reiterating willingness to act against inflation….reports Asian Lite News A majority of the members of the RBI’s

23 October 2023

Business·Economy·India News

External Factors Impact Indian Markets

The key risk is any escalation of geo-political tensions, which may heighten market volatility in the short term…reports Asian Lite News External factors were largely supportive of Indian markets through CY23. This

23 October 2023

Business·Economy·India News

‘Inflation Remains a Concern, Policy Tightening Continues’

Since March last year, the central bank has rapidly raised interest rates from near zero to a range of 5.25-5.5 per cent, in an effort to fight the worst inflation in four

20 October 2023

-Top News·Economy·USA

1.4 B Customers Flock To Flipkart’s Festive Sales

There was a 60 per cent increase observed in Flipkart Plus memberships, compared to last year….reports Asian Lite News E-commerce major Flipkart on Sunday said it’s 10th edition of ‘The Big Billion

17 October 2023

Business·Economy·India News

Pakistan Aims To Tap Gulf

Addressing the audience as the chief guest, Faisal Niaz Tirmzi, UAE’s Ambassador to Pakistan, highlighted that the UAE, the world’s second-largest host country, is now witnessing a growing influx of Pakistani professionals

16 October 2023

Arab News·Asia News·Economy

Tata Motors to Divest 9% Tata Technologies Stake

According to Tata Motors the transaction to be completed by October 27 or such other date as may be mutually extended by the parties….reports Asian Lite News Automobile major Tata Motors Ltd

16 October 2023

Business·Economy

Mastering the Storm: InterGlobe Hotels’ Secret to Post-Pandemic Success

The IGH and Accor joint venture was floated with a focus on establishing 100 per cent compliant mid-market hotels that serve quality accommodations with India-centric facilities….writes Shashank Singh As normal life resumed

16 October 2023

Business·Economy·Travel & Tourism

Economy - Page 58