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Posted on August 3, 2026

CarTrade Acquires OLX’s India Business For INR 535.54 Cr

In a major consolidation move in India’s used cars business, CarTrade has completed the acquisition of a 100% stake in Sobek Auto India Private Limited, consisting of the OLX classifieds platform and …
Posted on August 3, 2026

Accenture appoints Pradeep P. to lead India business

Accenture has appointed Pradeep P. to lead its India business as Senior Managing Director & Incoming India Business Head. He will assume the role on September 1. Pradeep announced on LinkedIn, stating …
Posted on August 3, 2026

India proposes extending contract manufacturing tax breaks until 2041 in boost for Apple

Proposed tax changes would extend exemptions for foreign companies supplying machinery and components to Indian contract manufacturers, supporting Apple’s expanding iPhone production base and …
Posted on August 3, 2026

India moves to ease tax rules for offshore funds using local managers

Draft legislation seeks to scrap minimum fund size and investor diversification requirements under safe harbour rules, allowing offshore funds to appoint India-based managers without triggering Indian …
Posted on August 3, 2026

India proposes tax relief for offshore funds using local managers

By Jayshree P Upadhyay and Nikunj Ohri MUMBAI, Aug 3 (Reuters) – India has proposed tax law amendments to shield offshore investment funds from Indian tax liabilities when they route investments …
Posted on August 3, 2026

Qatar’s QCB highlights financial sector resilience in 2025 review

Qatar Central Bank (QCB) yesterday reported the resilience of the country’s financial system despite global economic challenges, alongside 2.9 percent real GDP growth and sustained strength in the …
Posted on August 3, 2026

Armenia’s current economic indicators, investment opportunities presented at business conclave in India

On July 31 and August 1, Ambassador of Armenia Vahagn Afyan participated in a business conclave held in Hyderabad, India, where he presented Armenia’s current …
Posted on August 3, 2026

Intex-InMac Sri Lanka 2026 set to showcase future of textile sourcing and manufacturing

South Asia’s leading textile sourcing platform, Intex, together with InMac, the dedicated textile and garment technology exhibition, will return to the Bandaranaike Memorial International Conference …
Posted on August 3, 2026

Malaysia high-income threshold gap narrows to 7.1%, minister says

Malaysia’s economy minister says the country is 7.1% from high-income status, but a rival minister’s figures suggest a bigger gap.
Posted on August 3, 2026

Thailand–South Africa Business Matching Forum brings new business opportunities to South Africa

South African importers, distributors, retailers, wholesalers and hospitality buyers are invited to meet a delegation of export-ready Thai companies visiting Johannesburg on 13 August …

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