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Ambanis top Forbes list of Asia's richest families, pip Lees
Thu, Nov 16, 2017
Ambanis top Forbes list of Asia's richest families, pip Lees of the Samsung empire
GoAir plans to fly overseas to Asian destinations from October
Mon, Aug 07, 2017
Private low-cost carrier GoAir would start flying overseas from October this year, its Managing Director Jeh Wadia said. "We have plans to start overseas operations from October this year", Wadia told PTI today.
Marico expects to deliver double-digit sales growth about 8-10% for next four to five years
Tue, Apr 04, 2017
FMCG company Marico has projected to deliver double-digit sales growth around 8-10% volume growth for the next four to five years.
Prime Minister Narendra Modi says cash crackdown is a fight for the poor
Tue, Feb 07, 2017
Prime Minister Narendra Modi on Tuesday defended his decision to abolish high denomination bank notes that has left the economy reeling, calling it a "fight" for the poor.
Asian media decry isolationist Trump, fear economic, diplomatic turmoil
Sat, Jan 21, 2017
A day after Donald Trump became U.S. President and vowed to put "America First", Asian media decried his isolationist policies, fearing they will chill the global economy and sow widespread international discord.
Five things Trump did immediately after becoming 45th US President
Sat, Jan 21, 2017
As Donald Trump was sworn in as the 45th president of the United States on Friday, he immediately started signing deals after taking over from his predecessor, Barack Obama.
India, others should continue medium-term plans to reduce public debt, deficit: IMF
Tue, Jan 17, 2017
Countries with higher public debt levels like India should continue to implement their medium-term plans to reduce debt and deficits, an IMF official has said.
Danone to double India business by 2020, lines up 10 new products
Mon, Jan 16, 2017
French nutrition and dairy major Danone plans to double its business in India by 2020 for which it will bring in more global brands into the country and has lined up ten new launches for this year.
Funding to VC-backed start-ups declines by 23% globally in Q4 2016
Thu, Jan 12, 2017
The deal count for start-ups too dropped below 2,000 for the first time since Q4 2013.
Asian Development Bank operations reach a record $31.5 billion in 2016
Mon, Jan 09, 2017
Asian Development Bank (ADB) operations for Asia and the Pacific reached all-time high of $31.5 billion in 2016, a 17% increase from $26.9 billion in the previous year.
UBS slashing nearly two dozen jobs in Asia to cut costs
Fri, Dec 16, 2016
UBS Group AG is cutting nearly two dozen jobs in its Asian investment banking business, mainly in Hong Kong and Singapore, as part of a push to slash costs, people with direct knowledge of the matter said.
Stronger US spending under Donald Trump could help Israel, says Bank of Israel's chief
Mon, Dec 12, 2016
Bank of Israel Governor Karnit Flug said on Sunday that an expansion of US spending once Donald Trump takes office could benefit Israel`s economy.
In mammoth task, BP sends almost 3 million barrels of US oil to Asia
Wed, Dec 07, 2016
Oil major BP is shipping almost 3 million barrels of US crude to customers across Asia, pioneering a lengthy and complex operation likely to become more popular after OPEC last week announced deep production cuts.
Oil prices fall further in Asia, yen gains hit Tokyo
Mon, Nov 28, 2016
Oil prices sank further in Asian trade on Monday on fears a planned cut in output will not be agreed by top producers this week, while the dollar retreated against most of its peers after its recent surge.
Scandal-hit South Korea keeps rate at record low
Fri, Nov 11, 2016
Scandal-hit South Korea kept its key interest rate unchanged on Friday at a record low amid uncertainty over political changes in the United States (US) and South Korea.
Venture Capital funding in Indian start-ups continues to nosedive
Fri, Oct 14, 2016
Major portion of the deals by VC-backed companies were seen for start-ups in India's IT capital Bengaluru with 34 deals raising $221.2 million in total.
Bank of America set to cut about 2 dozen investment banking jobs in Asia
Mon, Sep 26, 2016
Bank of America is set to cut about two dozen investment banking (IB) jobs in Asia, including some top dealmakers starting this week, according to people familiar with the matter.
Goldman Sachs cutting nearly 30% of Asia investment banking jobs
Fri, Sep 23, 2016
Goldman Sachs is cutting almost 30% of its 300 investment banking jobs in Asia outside Japan in response to a slowdown in activity in the region, two sources familiar with the matter told Reuters.
Indian millennials to focus on tech, human skills rather than analytical ones
Thu, Sep 22, 2016
With all the labels that come with being a ‘millennial,’ like job hopping and ‘the entitled generation,’ Indian millennials seem to be leaning toward developing human skills more than the opinion of their peer’s on futuristic jobs.
India's crude oil imports touch 7-year high at 18.81 MT in August
Tue, Sep 20, 2016
India's crude oil imports touched seven-year high in August as oil companies stepped up purchases to meet galloping domestic fuel demand.