Second runway commences operations at international airport in Bengaluru
The Bengaluru international airport is the first Greenfield airport in India to be built as a private-public partnership. Private promoters hold 74% (Fairfax 54% and Siemens Projects Ventures 20%) stake in BIAL, while the govt holds the remaining 26% (Karnataka State Industrial & Infrastructure Development Corporation Limited – 13%, Airports Authority of India – 13%).
2 Russians charged in international malware scheme
The Justice Department unsealed charges Thursday against two Russian men in what authorities say was one of the worst computer hacking and b...
Anuranjita Kumar announces exit from the Royal Bank Of Scotland
Anuranjita Kumar joined the bank in September 2017 after a 22-year stint at Citi in September 2017. Here she spearheaded a variety of initiatives, especially in the D&I space including a medical cover for LGBT couples and creating an industry cohort for improved growth prospects for women in the technology space through the ‘Women In Tech Forum’ amongst others.
Several countries agree J&K internal matter of India: MEA in Lok Sabha
The Ministry of External Affairs has informed the Lok Sabha that several countries have agreed that matters related to Jammu and Kashmir are internal to the country following proactive outreach by the government.
Advent International, Temasek arms sell 8.2% in CG Consumer
Multiple financial institutions bought 5.12 crore shares collectively, the BSE data showed.
Ola aims to double scale of business in Australia, New Zealand by 2021
A company source said the firm is looking to double the scale of business across parameters such as revenue, customers, driver-partners and the number of rides. Ola said it is "set to launch in 11 new locations each in Australia and New Zealand, taking its total presence across 33 cities in the region".
India to explore corridor between resource-rich Arctic & INSTC
“We look forward to cooperating with Russia in the Arctic Council and we are actively discussing potential areas of cooperation including in the sphere of energy security, scientific exploration and research and connectivity. We will explore the possibility of establishing connectivity between the Arctic Region and INSCTC," Indian envoy to Russia said.
Forex kitty continues to swells, scales past $451 bn mark
Announcing the fifth bi-monthly monetary policy on Thursday, governor Shaktikanta Das had said the reserves touched USD 451.7 billion as of December 3, an increase of USD 38.8 billion since April.
IndiGo plane suffers high engine vibrations mid-air; returns to Mumbai
The aircraft, flying from Mumbai to Bengaluru, was involved in an air turnback due to high vibrations in one of its engines. The plane has been grounded at Mumbai.
Pakistan's ailing economy gets USD 1.3 billion infusion from ADB
The ADB's quick dispersing special policy-based loan is part of a multi-donor economic reform programme led by the IMF to stabilise Pakistan's economy after a major deterioration in its fiscal position in 2018, according to a statement by the Manila-based regional lender.
NRI entrepreneur converts old Scotland Yard HQ into luxury UK hotel
The hotel, where room tariffs start at 430 pound a night had its official launch this week with a formal ribbon cutting by UK secretary of state for digital, culture, media and sport Nicky Morgan and the Indian high commissioner to the UK, Ruchi Ghanashyam, among others.
Film maker wins copyright infringement case against Google, YouTube
Suneel Darshan, the proprietor of film production company Shree Krishna International, had filed a suit for permanent injunction against Google India and YouTube, and their US parent, in 2011, in the district court of Gurgaon for infringement of his copyright.
Investors expect international stocks to outperform US in 2020
The move into overseas stocks comes as economic fundamentals appear to be improving in parts of Europe and Asia while US growth looks to be slowing, drawing money away from a market that had been an outperfomer.
OPEC and allies prepare to deepen oil output cuts
The Organization of the Petroleum Exporting Countries (OPEC) meets on Thursday in Vienna and with Russia and others, a grouping known as OPEC+, on Friday.
India's air passenger traffic grows 3.6 per cent in Oct; pace slower than seen in 2018: IATA
The International Air Transport Association (IATA), a grouping of more than 280 airlines worldwide, on Thursday said growth in India lags the robust 2018 outcomes. Globally, Revenue Passenger Kilometre (RPK) rose to 3.4 per cent in October compared to the year-ago period. RPK is a measure of demand.
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