India

A man shared a video highlighting the hotel rates crossing ₹50,000 on Coldplay concert night in Ahmedabad. Coldplay just announced the date of their upcoming concert in Ahmedabad, Gujarat. The world-renowned band revealed in an X post that they will perform at the Narendra Modi Stadium, adding that this will be their “biggest ever show.”.....


2024-11-13

To the local industry leaders, the consultant will offer advice on adjusting in a post-global world, energy transition and AI. Bain and Co. is looking to triple its India business over the next five years given its growing potential in a post-global world, a top executive at the American consultancy said.....


NTPC Green Energy has announced to launch its initial public offering (IPO) on Tuesday, November 19 and the three-day bidding for the issue shall conclude on Friday, November 22. The PSU player has fixed its price band in the range of Rs 102-109 per shares for which investors can apply for a minimum of 138 equity shares and its multiples thereafter....  


2024-11-13

According to CLSA, these firms are set to top $78 billion in combined gross orders within a decade, potentially affecting existing consumer-product majors like Hindustan Unilever Ltd. and Marico Ltd Swiggy Ltd.’s shares are set to start trading in Mumbai on Wednesday, marking a test for investor interest in India’s burgeoning quick-commerce sector.... More https://bit.ly/3YOdcLW Via business-standard.com


VC-backed companies are now looking at the euphoria in the market to list and return capital to their investors Start-ups are eagerly preparing to list on the stock exchanges driven by a thawing funding winter, a shift towards profitability, and growing investor interest. Compared to the US, where companies typically need at least $250-$300 million in revenue to go public, India’s regulatory landscape is more flexible, requiring only $100 million. This relaxation allows start-ups to reach the…


The number of women fund managers has more than doubled from 18 in 2017 to 42 in 2023. However, women fund managers still make up only 8.88% of the total fund managers present in India You can’t call them bulls or bears, but they sure are the “queens” of the stock market. They are women who carved out novel careers that began as investment managers, analysts, or just marketing grunts. They worked up to the top in a male-dominated world to become big-time fund managers, head broking agencie…


2024-11-11

With Vistara ceasing operations, India's full-service airline count drops to one. The merger grants Singapore Airlines a 25.1% share in Air India, concluding another overseas-backed airline era. Vistara will operate its last flights on November 11 before rebranding as Air India..... More https://bit.ly/4hTkB5o Via livemint.com


Union Bank of India opens Nari Shakti branches in Bengaluru, Chennai, Visakhapatnam, and Jaipur Union Finance Minister Nirmala Sitharaman virtually inaugurated five Nari Shakti branches of Union Bank of India from Bengaluru. Speaking at the inauguration, she urged the bank to develop technology-driven, cluster-based schemes specifically tailored to support women, aiming to empower female entrepreneurs and strengthen financial inclusion for women across the country....


Elon Musk, CEO of Starlink, has praised India's decision to allocate satellite spectrum instead of auctioning it, aligning with global standards. This move is seen as beneficial for international satellite operators but raises concerns for Indian telecom giants. Elon Musk has expressed approval of India's decision to allocate spectrum for satellite broadband services instead of auctioning it. This move, announced by Communications Minister Jyotiraditya Scindia, aligns with international practice…


2024-11-08

Bharat Connect enables interoperability across different systems, allowing small businesses to streamline operations and reduce time spent on payment tracking and dispute resolutions.  NPCI Bharat Connect is building an interoperable B2B payments platform to streamline operations and enable credit access for India’s 6.3 crore MSMEs


Middle East

2024-11-12

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, gave the green light for the construction of Dubai’s first aerial taxi vertiport near Dubai International Airport. The initiative is set to make Dubai the world’s first city to offer urban aerial transport through an advanced aerial taxi take-off and landing network.Featuring a modern design that comple…


2024-11-12

- Kingdom’s capital first destination in the region to offer Chauffeur-Drive service to premium customers - Emirates only exclusively airline offering the service in Riyadh  Emirates, the world’s largest international airline, has introduced Chauffeur-Drive Services (CDS) in Riyadh, further elevating the travel experience for discerning premium passengers arriving at and departing from King Khalid International Airport.  Emirates customers travelling in First and Business Class will enjoy …


2024-11-11

- DMCC’s Dubai Diamond Conference officially kicked off Dubai Diamond Week, gathering hundreds of diamond industry stakeholders to Dubai - Industry leaders appealed for unity and innovation to address critical challenges including price volatility, the rise of lab-grown alternatives and shifting consumer preferences - E. Juma Al Kait, Chief Trade Negotiator for the UAE and Assistant Undersecretary for International Trade Affairs at the UAE Ministry of Economy: “The Dubai Diamond Conference p…


2024-11-11

12-13 NOV 2024 Madinat Jumeirah Dubai Providing unprecedented access to decision-makers in the Middle East, Europe, Asia and Africa, this collaboration offers excellent visibility to buyers, sellers, co-producers, service providers and other industry professionals through exhibition spaces, networking opportunities and a thoughtfully curated film library. Dubai International Content Market offers global and regional brands in the field of media and entertainment the opportunity to extend their b…


2024-11-07

- Collaboration is expected to increase the breadth of support to global AI companies wanting to expand through Dubai - Collaboration focuses on providing support to AI companies across multiple critical touchpoints, including knowledge exchange, thought leadership and content, professional mentorship and guidance for members - IBM Consulting joins partners Builder.ai and AGGC to support AI Centre’s rapidly growing member base of almost 60 AI and robotics companies  DMCC has announced IBM Con…


2024-11-07

“The expansion of our global office network aims to reinforce Dubai’s position as a leading financial and business hub on the international stage.” Mohammad Ali Rashed Lootah - Located in Almaty, the new office is Dubai International Chambers’ 32nd international representative office globally. - The value of non-oil trade between Dubai and Kazakhstan reached AED 14 billion in 2023, representing an impressive growth of more than 82% compared to 2022. - A total of 668 companies from Kazak…


2024-11-05

Reinstated flight will meet market demand and offer customers more travel options Emirates, the world’s largest international airline, has touched down in the Scottish capital for the first time since 2020.  The Emirates Boeing 777 was welcomed by the celebrated Royal Edinburgh Military Tattoo, captivating passengers with an extraordinary display of musical prowess on the ground.  Edinburgh is Emirates’ eighth destination in the UK. The daily service will complement the airline’s curren…


2024-11-05

The leading education conference & exhibition in the Middle East region. 12 - 14 Nov 2024 Sheikh Saeed Hall 1 - 3 Dubai World Trade Centre For 16 years, GESS Dubai has been the focal point for education in the Middle East, showcasing cutting-edge products and innovative solutions for today’s classrooms. With its extensive conference programme, interactive workshops, and prestigious awards ceremony, the event provides unmatched opportunities for professional development, networking, and celebr…


2024-11-05

Dubai Opera 09 Nov 2024 Dubai Opera Studio showcases the extraordinary talent of Ukrainian pianist Illia Ovcharenko. With a passion for the piano, a deep appreciation for classical music, and a particular affinity with the Romantic repertoire, Illia is poised to captivate audiences with his stunning interpretations of Franz Liszt's masterpieces. Illia’s recital will feature two of Liszt’s most celebrated works, each a testament to the composer’s virtuosity and emotional depth. From the …


2024-11-05

Get ready to pedal your way through the heart of the city with the long-awaited return of Dubai Ride, presented by DP World on Sunday, 10 November.Following last year's grand turnout of over 35,000 participants, this edition promises to be bigger and better than ever. Tour through Dubai’s most iconic landmarks on traffic-free roads as Sheikh Zayed Road once again transforms into a giant cycle track for the fifth edition of one of the most highly anticipated events on the Dubai Fitness Challeng…


South East Asia

2024-11-13

At the 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change, Ms Grace Fu, Minister for Sustainability and the Environment, announced that the Singapore Government has committed up to US$500 million in concessional funding to support the Financing Asia’s Transition Partnership (FAST-P) launched by the Monetary Authority of Singapore (MAS) last year.FAST-P is a blended finance initiative which brings together international public, private and philan…


2024-11-11

With Vistara ceasing operations, India's full-service airline count drops to one. The merger grants Singapore Airlines a 25.1% share in Air India, concluding another overseas-backed airline era. Vistara will operate its last flights on November 11 before rebranding as Air India..... More https://bit.ly/4hTkB5o Via livemint.com


2024-11-06

 The Banque de France (BdF) and the Monetary Authority of Singapore (MAS) announced the successful completion of a groundbreaking joint experiment in post-quantum cryptography (PQC) conducted across continents over conventional Internet technologies. The PQC experiment aims to strengthen communication and data security in the face of quantum computing advancements, and the successful experimentation marks a crucial milestone in the evolution of the protection of international electronic communi…


2024-11-02

Through advanced chemistries in materials and process engineering, A*STAR lends its support to national development goals for a more circular economy. Our modern world is built on the idea of ‘take, make and dispose’. Consider the plastic water bottle: starting as crude oil extracted from the earth’s crust and subjected to carbon-emitting industrial processes, most of the 600 billion bottles that roll off factory lines each day are thrown away after just one use. “Most products go t…


2024-10-31

The Monetary Authority of Singapore (MAS) today announced the establishment of the Global Finance &Technology Network (GFTN)[1] to further strengthen Singapore as a global FinTech hub and enhance global connectivity for impactful innovation in financial services.The first phase of FinTech growth in Singapore was driven by experimentation, as well as promotion of key initiatives to harness technology and innovation in the financial sector. These included developing a regulatory sandbox framework…


2024-10-30

- Project Mandala addresses the significant challenges in maintaining compliance with disparate regulatory and policy frameworks across jurisdictions. - Project Mandala successfully demonstrates the automation of compliance procedures for cross-border financial transactions. - Project Mandala is a collaboration between the BIS Innovation Hub, the Reserve Bank of Australia, the Bank of Korea, Bank Negara Malaysia and the Monetary Authority of Singapore. The Bank for International Settlements (BIS…


2024-10-29

Airline reinforces commitment to Vietnam through deepening its presence, improving connection opportunities, and supporting trade and tourism links Emirates has signed two Memorandum of Understandings (MoUs) with Vietnam Airlines and VietJet, aimed at strengthening connectivity and offering more travel choices between Dubai and its Vietnamese gateways Ho Chi Minh City and Hanoi. The MoUs were signed on the sidelines of the Vietnam - UAE Business Forum, held at the Hilton Dubai Palm Jumeirah hot…


2024-10-28

The International Hydrographic Organization-Singapore Innovation and Technology Laboratory Trials Next Generation Charting Standards Aboard Italian Navy's Training Ship AMERIGO VESPUCCI The International Hydrographic Organization (IHO)-Singapore Innovation and Technology Laboratory (IHO-Singapore Lab) is conducting trials of next generation IHO S-100 standards and dual format Electronic Navigational Charts (ENCs) on a prototype S-100 Electronic Chart Display and Information System (…


2024-10-25

The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority of Singapore (IMDA) today announced that the Shared Responsibility Framework (SRF) for phishing scams, which was published for consultation on 25 October 2023[1], will be implemented on 16 December 2024.MAS and IMDA had proposed a SRF which assigns financial institutions (FIs) and telecommunication companies (Telcos) relevant duties to mitigate phishing scams, and sets expectations of payouts to affected scam vict…


2024-10-22

Well-known consumer electronics giant Dyson is expanding into haircare and beauty products, with its first haircare product line, Chitosan, launched in Singapore in late August. Chitosan is a range of hair treatment products created to maintain the hair’s natural movement and shine while removing stiffness. It is suitable for all hair types.....