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Abu Dhabi firm IHC's arm offers to acquire Vedanta's Zambian copper business

Infrastructure

19 April, 2024

Abu Dhabi firm IHC's arm offers to acquire Vedanta's Zambian copper business

The mining investment arm of Abu Dhabi's most valuable company has offered to buy a majority stake in Vedanta Resources' ......

Tata Motors plans Jaguar Land Rover EV imports to India under new policy

Manufacturing

19 April, 2024

Tata Motors plans Jaguar Land Rover EV imports to India under new policy

India's Tata Motors plans to import its Jaguar Land Rover (JLR) luxury electric cars under a new government policy that ......

Convergent-backed Agilitas Sports acquires exclusive rights for Lotto in India, Australia

Consumer

19 April, 2024

Convergent-backed Agilitas Sports acquires exclusive rights for Lotto in India, Australia

Indian sports and athleisure company Agilitas Sports said on Friday it had acquired exclusive rights to design, manufacture, and distribute ......

Rupee ends Thursday's session at fresh record low

Economy

18 April, 2024

Rupee ends Thursday's session at fresh record low

The Indian rupee logged a record closing low against the dollar on Thursday, but ended little changed as it was ......

Decline in income from asset divestments caps Blackstone's Q1 earnings growth

Finance

18 April, 2024

Decline in income from asset divestments caps Blackstone's Q1 earnings growth

Blackstone Inc, the world's largest private equity firm, said on Thursday that its first-quarter distributable earnings rose 1% year-on-year supported ......

Binance gets Dubai regulator nod to onboard retail clients

TMT

18 April, 2024

Binance gets Dubai regulator nod to onboard retail clients

Cryptocurrency exchange Binance said on Thursday it had secured a licence from Dubai's regulator VARA that will allow the platform ......

Abu Dhabi's TAQA in talks with investors of Spanish firm Naturgy for possible takeover

Infrastructure

18 April, 2024

Abu Dhabi's TAQA in talks with investors of Spanish firm Naturgy for possible takeover

Abu Dhabi's TAQA is in talks with the three largest shareholders of Spanish energy firm Naturgy with a view to ......

Abu Dhabi's Islamic Bank in talks to acquire stake in leading Indonesian lender

Finance

18 April, 2024

Abu Dhabi's Islamic Bank in talks to acquire stake in leading Indonesian lender

Abu Dhabi's largest Islamic bank is in talks to buy a minority stake valued at around $1.1 billion in Indonesia's ......

Dialog Axiata to buy Bharti Airtel's telecom operations in Sri Lanka

TMT

18 April, 2024

Dialog Axiata to buy Bharti Airtel's telecom operations in Sri Lanka

Sri Lankan telecom operator Dialog Axiata has signed a definitive agreement to buy Bharti Airtel's operations in the island nation, ......

Musk likely to announce $2-3 bn Tesla investment in India during visit next week

TMT

17 April, 2024

Musk likely to announce $2-3 bn Tesla investment in India during visit next week

Tesla chief Elon Musk is set to announce an investment in India of $2-3 billion, mainly for building a new factory, ......