The Thai government is no longer a majority shareholder in Thai Airways after the country’s finance ministry reduced its stake to 47.86% from 51.03%. “After the reduction of shareholding percentage …
Coronavirus: India’s retail trade lost business worth Rs 9 lakh cr in the last 60 days, says CAIT
CAIT Secretary General Praveen Khandelwal said traders are facing an acute financial crunch, and, in absence of any policy support from the government, they are worried about the future of their …
Snapchat looking to expand India business based on growth in user base: Report
Social media platform Snapchat is eyeing significant growth in its India business owing to a surge in usage, according to media reports. Snapchat’s daily active user base (DAU) in India increased by 1 …
Mercedes Benz India offers customised finance options to lure customers back
Under its ‘Wishbox 2.0’, the German luxury carmaker is offering customised financial solutions including no EMI for first three months, lesser EMIs for the first six months with regular EMIs starting …
China Demands US Withdraw Sanctions on Tech Suppliers, Says It’s ‘Politicizing Business’
China demanded Monday that Washington withdraw export sanctions imposed on Chinese companies in the latest round of a worsening conflict over technology, security and human rights.
Airtel’s Africa unit is now a nearly-billion dollar business where every user pays 40% more than the one in India
Five months ago, there was a question on whether the Africa unit will survive. However, the London-listed company has clocked a revenue growth of over 10% for nine quarters now, r …
Hong Kong’s Security, Police Chiefs Warn of Growing ‘Terrorism’ as National Laws Loom
“Sadly, and perhaps tellingly, those who claim to be acting in Hong Kong’s best interests turn a blind eye to the explosives, petrol bombs, firearms, weapons, attacks on bystander …
Arctech Solar delivers 575MW trackers for giant Oman PV plant
Arctech Solar, a leading solar tracking and racking system provider, announced that it has completed the tracker production and shipment of the major tracker components from China for IBRI II project …
Indian banks won’t lower their guard amid Covid-19 despite the central bank’s insistence
India’s central bank announced yet another steep cut in repo rate. This is the second reduction in the rate at which banks borrow money from the Reserve Bank of India (RBI) since the spread of …
Hong Kong Protesters Clash With Police After China Tightens Grip
Hong Kong protesters battled with riot police in busy downtown areas on Sunday, showing their opposition toward China’s dramatic move to crack down on dissent in the biggest demonstration since the …