British Petroleum readies for major lay off
Global Oil giant British Petroleum has decided to lay off 10,000 employees from its workforce globally by the end of the year.
UAE issues 196 e-commerce licences in May
Data from the National Economic Register, in coordination with relevant economic authorities, showed that 196 licences were issued for e-commerce retail businesses
Emergency credit is for all firms, not just MSMEs: NIRMALA SITHARAMAN
Covid Emergency Credit Facility announced as part of the Aatma Nirbhar Bharat Package is aimed at all companies and not just MSMEs,
Shams, Mashreq Bank join to support SMEs in Sharjah
Sharjah Media City, known as Shams, and one of the leading financial institutions in the UAE, Mashreq Bank have announced a strategic
Low crude prices may sail India to a surplus current account
India is expected to achieve current account surplus due to lower crude oil prices this fiscal, despite the Covid-19 pandemic, a report
Wipro, IBM paves way for the Cloud journey
Indian firms were reported to be in a mass migration to Cloud Computing facilities as a result of the COVID-19 lockdown. In
UAE stocks surge as trade optimism persists
Optimistic trade sentiments triggered by improved performance across all global stock markets saw the UAE’s twin bourses’ general indices surging and gaining
Jio grabs Rs 5,683 cr investment from Abu Dhabi
Jio Platforms, Reliance Industries Ltd (RIL) on Sunday announced an investment of Rs 5,683.50 crore by a wholly-owned subsidiary of the Abu
IOB cuts loan rates
Indian Overseas Bank (IOB) on Sunday said that it has reduced its interest rate on loans linked to MCLR by 30 basis
The best time to bet on India is now: GAUTAM ADANI
Indian economy is in a great turmoil after the pandemic stepped into its territory. But, Adani Group Chairman Gautam Adani is of