Business

Tel Aviv: The UAE and Israel on Tuesday signed a Comprehensive Economic Partnership Agreement (CEPA), the first such agreement between Israel and an Arab country, Khaleej Times reported. According to Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State...

Hyderabad: Indian Banks Retirees' Association, a body with over 1200 retired bank employees spread across two Telugu states of Andhra Pradesh and Telangana, on Monday demanded that their pension be updated. In a release here, the association stated that updation...

Mumbai: Auto major Tata Motors has signed a Memorandum of Understanding (MoU) with the Gujarat government for the potential acquisition of Ford India’s Sanand plant.The MoU is for transfer of Ford India's land & buildings, vehicle manufacturing plant, machinery,...

Washington: Twitter shareholders have filed a class action lawsuit against Elon Musk and Twitter Inc. for dragging the acquisition process, which has led to major fluctuations in stock prices, US media reported on Friday.In the lawsuit filed on Wednesday,...

Mumbai: Amid rising geopolitical unrest and inflation, the Reserve Bank of India on Friday said that the risk of stagflation is looming large in several countries, even as it maintained that the Indian economy is better placed to strengthen...

Moscow: Russian internet service providers have received notifications from Google saying it was terminating service contracts for the Google Global Cache servers speeding up the loading of the company’s services, including YouTube content, Russian newspaper RBC reported on Thursday,...

Bengaluru: Infosys CEO Salil Parekh's annual compensation has increased to Rs 79.75 crore from Rs 42 crore, a salary jump of 88 percent which is much higher compared to many Indian IT CEOs.Infosys rewarded Salil with a staggering annual...

New Delhi: Impacted by Omicron wave and higher fuel costs, budget carrier IndiGo's net loss widened to Rs 1,681.8 crore in the quarter ending March 2022.Indigo had reported a net loss of Rs 1,147.20 crore in the same quarter...

Colombo: Sri Lanka has sought an additional $500 million credit facility from the Indian EXIM Ban to import fuel, which is in major short supply in the island nation.The Cabinet took the decision to approach India at a meeting...

Mumbai: Following a ransomware attack last night, departure of flights of budget carrier, SpiceJet slowed down on Wednesday morning."Certain SpiceJet systems faced an attempted ransomware attack last night that impacted and slowed down morning flight departures today. Our IT...