Just ahead of its mega FPO opening to public investors, Vodafone Idea (VIL) has announced closure of its anchor book allocation, raising about Rs 5,400 crore from marquee global as well as domestic investors, according to a statutory filing by the telco. This could be the third-largest anchor book after One 97 Communications and Life Insurance Corporation (LIC). One 97 Communications and LIC had raised Rs 8,235 crore and Rs 5,627 crore in the anchor round, respectively.
India will open their campaign in the T20 World Cup with a high-profile clash against Pakistan in Dubai on October 24, the International Cricket Council said on Tuesday.
Qatar returns to the spotlight on Friday little more than a year after the first World Cup held in the Arab world when the relocated and delayed 2023 Asian Cup gets underway amid a seismic shift in football's global order.
Bharti Airtel, India's number one cellular operator on Tuesday received the nod from Bangladesh's telecom regulator to purchase 70 per cent stake in Warid Telecom and to invest $300 million in the company.
'There has been a huge shift. Consumer needs and requirements have changed, and differ from city to city.'
'Our plan to set up a semiconductor facility in India is back on the table'
Adani Ports and Special Economic Zone will prepay $195 million of debt due in 2024 as the conglomerate helmed by Gautam Adani looks to boost investors' confidence post being targeted by a US short-seller. In a stock exchange filing, APSEZ said it will buy back $195 million of bonds due in 2024 using its cash reserves. Out of the $520 million principal outstanding, $325 million will be left after the buyback, it said.
Warid Telecom, a wholly-owned subsidiary of the Dhabi Group, offers mobile telecom services with a user base of over 2.9 million in Bangladesh.
Ahead of this election, the alliance between the BJP and the SKM had broken down. One reason is the fear that like Article 370, Article 371F might also be changed.
A group of up to eight international investors is mulling a bid for English Premier League club Chelsea, one of the investors has told Reuters.
With Stokes and Brendon McCullum at the helm, Ahmed cuts a relaxed figure.
The original points deduction meant Everton dropped from 14th in the standings into the relegation zone with four points. The club filed an appeal against the initial deduction, which they labelled "wholly disproportionate and unjust".
The annual IIFA weekend in Abu Dhabi saw Bollywood's top stars in attendance, as they walked the green carpet and put up power-packed performances.
The identities of the two Indian nationals killed in Monday's suspected Houthi drone attacks near the Abu Dhabi airport that sparked multiple explosions in the United Arab Emirates capital have been established, the Indian embassy said on Tuesday.
United Arab Emirates company has bought Premier League club Manchester City, a local magazine reported on Monday. Abu Dhabi United Group for Development and Investment completed the deal late on Sunday, Arabian Business magazine reported, citing board member Sulaiman al-Fahim.
The firm, which owns, operates and manages hotels, palaces and resorts, is likely to hive-off the two properties into separate entities.
Los Angeles Knight Riders (LAKR) have signed Kolkata Knight Riders (KKR) stars players for the inaugural season of the MLC, as per ESPNcricinfo.
'Preliminary investigations suggest that the cause of the fires are small flying objects, possibly belonging to drones, that fell in the two areas. Teams from the competent authorities have been dispatched and the fire is currently being put out,' news reports said.
City's alleged breaches stretch from the 2009-10 season to the 2017-18 campaign, the league said on Monday.
Commerce secretary Sunil Barthwal is set to attend a two-day meeting from October 23 at the World Trade Organization (WTO) headquarters in Geneva, that would focus on finding solutions and giving the 'necessary political push' for at least some crucial global trade issues. Next week's meeting comes ahead of the WTO's 13th ministerial conference (MC13), scheduled in Abu Dhabi in February 2024. It will see participation of senior government officials from all WTO member nations.
England coach Brendon McCullum warned that if the pitch indeed favours the spinners, England would not be afraid to field an all-spin attack.
A sensational run over the last two weeks has given wings to Ashwini Ponnappa's Olympics dreams, and the ace Indian shuttler now wants to continue her fine run in the upcoming bigger tournaments to stay on course for a trip to Paris.
The Centre has estimated that nearly 14,000 people have gathered along the Punjab-Haryana border with 1,200 tractor-trolleys, 300 cars, 10 mini-buses as well as small vehicles and conveyed its strong objections to the Punjab government for it, sources said on Tuesday.
Billionaire Gautam Adani's group on Monday listed out details of the $2.87 billion stake sales in group firms since 2019 and how $2.55 billion of this was ploughed back into business, as it looked to counter Congress leader Rahul Gandhi's claim of Rs 20,000 crore coming in to the conglomerate through 'shell companies'. While investors such as Abu Dhabi-based global strategic investment company, International Holding Company PJSC (IHC) invested $2.593 billion in group firms such as Adani Enterprise Ltd and Adani Green Energy Ltd (AGEL), promoters sold stake in Adani Total Gas Ltd and AGEL to raise $2.783 billion. "These funds were reinvested by promoter entities to support the growth of new business and in portfolio companies such as Adani Enterprises Ltd, Adani Ports and Special Economic Zone Ltd, Adani Transmission Ltd and Adani Power Ltd," the group said.
Biden, in his call with Netanyahu, updated him on US military support and reiterated his warning against anyone seeking to expand the conflict, according to a readout of the call.
Since becoming the president of the UAE, Sheikh Khalifa has presided over a major restructuring of both the Federal Government and the government of Abu Dhabi.
With only five matches in the group and just the top two progressing to the semi-finals, Australia will need to hit their stride in their tournament opener against the Proteas in Abu Dhabi next Saturday, Starc added.
This was the third title for the Indian duo -- they had clinched the Abu Dhabi Masters Super 100 and Nantes International Challenge this year.
In a dramatic turn of events in May 2019, an Emirates aircraft en-route to Dubai was asked to stop while it was taxiing for a take off in Mumbai. The pilot was given no reason and ordered to immediately return to the parking bay. As the aircraft returned to the terminal, two passengers from the first class - Naresh Goyal and his wife Anita - were offloaded by the immigration authorities, who said the duo cannot leave the country. Goyal, founder of Jet Airways, was stunned. The man, who ruled the aviation sector for two and a half decades with an iron hand, did not expect to be offloaded in this fashion.
Australia will need their top order to fire against New Zealand's disciplined attack and persist with four specialist bowlers.
A 38-year-old Indian frontline warrior in the United Arab Emirates was on Thursday discharged from hospital after he made a miraculous recovery from COVID-19 that seriously damaged his lungs and left him in an unconscious state for six months.
Against an offer of 4.55 crore shares of Adani Enterprises Ltd, only 4.7 lakh were subscribed, according to information available from the BSE. Adani Enterprises fell almost 20 per cent to below the offer price of its secondary sale as all the seven listed companies of the conglomerate took a beating in the aftermath of Hindenberg Reserach alleged that the group was "engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades".
Embattled billionaire Gautam Adani on Thursday spoke publicly for the first time since his ports-to-energy conglomerate publicly battled a short seller's accusation of stock manipulation and accounting fraud, saying the abrupt move to withdraw a fully-subscribed share sale at his flagship firm was due to market volatility. His group continued to lose on the stock market, with the cumulative rout now nearing $108 billion in a week -- one of the biggest wipeouts in India's history. "After a fully subscribed follow-on public offering (of Adani Enterprises Ltd), yesterday's decision of its withdrawal would have surprised many.
Jim Ratcliffe's company INEOS formally entered the bidding process to buy Manchester United on Tuesday, months after the club owners, the Glazer family, said they were considering selling the club as they explore "strategic alternatives".
India, Pakistan, Sri Lanka, Bangladesh and Afghanistan are all confirmed participants while UAE, Singapore, Oman, Nepal, Malaysia and Hong Kong will vie for the remaining qualifier spot.
The Gulf region is set to gain another financial exchange after Financial Technologies, an Indian trading technology company, announced its plans on Wednesday, to set up an operation in Bahrain next year.
Debutants Namibia got themselves out of a difficult situation in a low-scoring game to record a memorable four-wicket win over Scotland in their opening Super 12 match in the ICC T20 World Cup in Abu Dhabi on Wednesday.
The Emirates Cricket Board will conduct the inaugural International League T20 from January 6 to February 12, 2023, with three IPL franchises owning outfits in the six-team league.
The season will kickstart on 19th September in Abu Dhabi with a blockbuster clash between defending champions Mumbai Indians and Chennai Super Kings.
India face tough Iraq test sans Chhetri
