Reliance Communications will invest $60 million in Saudi Arabia to connect the kingdom and other Gulf states with 53 countries around the globe on its fibre optic network and provide value-added services to its network users. \n\n
'It is great news (cricket in Olympics) if you are a business-person. America has a large section of Asian expats, who are crazy about cricket and they will fill the stadium and of course will follow the game on TV or streaming apps.'
It is unclear how much of the estimated 700,000 gallons (approximately 16,700 barrels) of #2 fuel onboard burned before it sank.
As a part of its route rationalization and cost-cutting measures, Air India plans to replace its twin-class aircraft with all-economy ones belonging to low-cost subsidiary Air India Express on few Gulf routes from this month end.
Brand India's societal divisions and distortions have remained as much relevant in 'liberal' America and Europe as it still is in the structurally stratified Indian society of the 21st century, observes N Sathiya Moorthy.
Company launches claim guarantee scheme for customers.
Putin made these remarks on Tuesday while speaking at the Plenary session of the 8th Eastern Economic Forum in Vladivostok, a major port city in sanctions-hit Russia's Far East region
Who do you think should be part of India's playing XI for the first Test against the West Indies?
The second day of the Tech Mahindra Global Chess League witnessed the debut of Magnus Carlsen, the strongest chess player in the world. C
China welcomes all initiatives that truly help developing countries build infrastructure and sincere efforts to promote connectivity and common development, the Chinese Foreign Ministry said.
Pakistan needs to win all its matches and expect Australia to falter in at least two of their remaining four games.
His business successes which started with the international distribution rights for the Bollywood blockbuster movie 'Sangam' in 1964 made him one of the richest in Britain but it was the Bofors scam that made Srichand Parmanand Hinduja famous, or rather infamous, back home. SP Hinduja, as he was known, died in London on Wednesday after a prolonged illness. He was 87, a family spokesperson said. Born in a business family in Karachi, British India, he and his two younger brothers were accused of receiving payments totalling Rs 64 crore in illegal commissions to help Swedish gunmaker AB Bofors secure an Indian government contract.
China for the first time has divulged the deployment of a nuclear submarine for anti-piracy operations in the Gulf of Aden, a move defence experts say could cause unease among neighbours, including India.
The US has filed a civil lawsuit against British Petroleum and nine other companies in the country's worst-ever oil spill off the Mexican Gulf that resulted in considerable environmental damage and badly affected the economy of the coastal states.
A democracy is one, only if it has a robust Opposition. And as its actions show, the Modi-BJP combine gives two hoots for that. So, the Opposition must learn to convince people why the BJP must go. Else, it can count down to 2029, points out Shyam G Menon.
The ongoing Hamas-Israel conflict has disrupted India's efforts to gain from a recent fall in crude oil prices. Since Hamas' invasion of southern Israel on October 7, petroleum has become costlier by around $5 per barrel, threatening to stoke prices and impact growth. Brent crude was trading at $89.8 per barrel on October 9 (9.15 pm IST), up over 4 per cent, thwarting India's anticipation of a period of declining oil prices - after the leading global petroleum benchmark declined by around 11 per cent last week.
Higher discounts on crude oil offered by the United Arab Emirates (UAE) to wean India away from Russian crude may soon see Indian refiners ramping up purchases from the Gulf nation, officials at multiple refiners said. They also pointed to the recent agreement on trade settlement in national currencies signed between India and the UAE as a reason for this. "While discussions are underway, the UAE has offered discounts on crude, which will be more than that of the current level of Russian discounts.
The Gulf Cooperation Council will consider a proposal to define a time-frame ceiling for residency of the workers in member states. The proposal says after the expiry of the six year-contract, the worker will go back home to his original country.
Sheeja Anand, a native of Payyavoor in Kannur district of Kerala, was injured in the missile strikes on Ashkelon, a coastal city in the southern part of Israel on Saturday, while she was on a video call with her husband, her family said.
This is the largest foreign direct investment proposal in the state and represents a five-fold increase from an earlier announcement by GFH for a $2 billion to $2.5 billion investment in an "energy city".
Air-India has curtailed its services from Mumbai to far east and Gulf region and Chennai-Dubai by one flight each per week in view of a drop in the passenger load in the wake of the US-led war in Iraq.
Qatar's sovereign wealth fund is in early discussions to buy a minority stake in billionaire Mukesh Ambani's rapidly expanding retail unit for about $1 billion (Rs 8,200 crore), sources said. The Qatar Investment Authority is keen on tapping the fast-growing Indian market and has entered into a discussion to buy about 1 per cent stake in Reliance Retail Ventures, sources with knowledge of the matter said. Talks, sources said, are at a preliminary stage and being led by an executive director on the board of parent Reliance Industries Ltd.
'There is a view that there is a Pakistan angle to this.' 'Pakistan has a large presence in Qatar and would want India to be blacklisted.'
Just the kind of wardrobe pieces you need for a tropical holiday.
Indian imports of Russian oil plunged by a record in August month-on-month (M-o-M) as discounts on the fuel shrank in tandem with rising Brent oil prices. Higher crude prices will drive inflation or hurt earnings at oil companies and India's fiscal position if such spikes are not passed on to consumers. Indian purchases of Russian crude declined by around 24 per cent in August from July to the lowest level since January, with refiners expecting volumes to drop further amid rising rates of Russian benchmark Urals grade, substantial stocks at refiners, and planned maintenance at Indian refineries, according to ship tracking data and industry officials.
May emphasise that the country is back on the fiscal consolidation path by reining in fiscal deficit at 5.2%.
The series is held together by a superbly astute performance by Gagan Dev Riar, who moves from cheerful conman to menacing criminal with remarkable skill, observes Deepa Gahlot.
'The girl who helps me at home has had a tough life, yet her perspective of life is so much more positive than mine despite the hardships she's endured.'
Oil and Natural Gas Corporation ONGC will tie-up with Norway's state-owned oil firm Norsk Hydro to jointly explore for oil and gas in the Gulf region.
This could become tricky territory for India, given its basically adversarial relationship with China, its moves to block imports and investment from that country, and to deny market access for Chinese technologies, observes T N Ninan.
The Western Railway tonight said it has digitally transferred Rs 10 lakh in the savings bank account of the victim's wife.
The cost of water in the Gulf region will outstrip that of oil in the years ahead if its importance was not recognised soon, a top official of the global energy metering services provider said.
In the April-June quarter (Q1) of 2023-24 (FY24), growth in sales of FSN E-Commerce Ventures (the parent company of Nykaa) decelerated to 24 per cent year-on-year (Y-o-Y), and 9 per cent quarter-on-quarter (Q-o-Q), compared with 34 per cent in the previous quarter, due to a decline in the beauty & personal care (BPC) and fashion division's gross merchandise value (GMV). But Nykaa claimed it gained market share in both divisions. The earnings before interest, taxes, depreciation, and amortisation (Ebitda) margin of 5.2 per cent expanded 120 basis points (bps) from a year earlier.
Meteorologists earlier said Cyclone 'Biparjoy' had been impacting the intensity of the monsoon and that its onset over Kerala would be 'mild'.
Officials were surprised at how quickly smugglers appraised the Covid situation to recruit jobless migrant workers to ship gold.
Do you have financial planning queries? Ask rediffGURU Kirtan A Shah.
Seven fishermen from Kerala, three from Tamil Nadu, and a citizen of an Arab nation who went fishing from Ajman, UAE, were detained by the Iranian Navy a few days ago after they unintentionally crossed over the waters of the Middle East nation.
West Asian carriers are up against Air India and IndiGo in the battle for seats on lucrative international routes.
The low cost public sector carrier, Air India Express, will soon start operations from some southern cities to the Gulf and West Asia at 30 per cent lower fares than the regular ones, Civil Aviation Minister Praful Patel said on Thursday.
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