Additional funding needed for Elon Musk’s Twitter endeavors
Elon Musk’s team reportedly approaches investors in attempt to secure funding for struggling social media platform Twitter. According to Reuters,…
Abu Dhabi’s IHC to invest $2bn in India’s Adani Group
The company will invest in three of the Indian business conglomerate’s green-focused companies Abu Dhabi’s International Holding Company is investing…
Oman to use oil windfall to reduce public debt, Sultan Haitham says
Oman plans to use revenues from soaring oil prices to reduce its public debt and support spending on government projects,…
ADQ and Turkey’s wealth fund form new $300m fund to invest in tech start-ups
Abu Dhabi’s holding company ADQ and Turkiye Wealth Fund formed a new $300 million technology fund that will focus on…
RAK megaproject: Al Hamra unveils $272m Falcon Island villa development
The new project will have 501 units and will be built within the Al Hamra Village residential community Ras Al…
Saudi Arabia concludes inaugural defence show with $7.9bn in deals
State-owned Sami also signed three financing agreements worth $1.86bn with local banks to fund future projects State-owned Sami also signed…
EbixCash to file draft papers for a $1 bn IPO
The company aims to list its business at a valuation of around ₹37,500 cr MUMBAI : EbixCash, the Indian subsidiary…
SC holds former Ranbaxy promoters Malvinder, Shivinder Singh guilty of contempt of court
This is for violating its order asking them not to divest their shares in Fortis Healthcare Limited The Supreme Court…
Sensex shoots up; Tata Motors zooms 16%
On the other hand, Bharti Airtel, Kotak Bank, PowerGrid and SBI fell up to 3.41%. Equity benchmark Sensex shot up…
Now, India Inc can deploy CSR funds on research
India’s spending on Research and Development (R&D) activities has been far less than 1% of the GDP for years. The…