For Rs 353 crore, Orkla acquired MTR Foods in February 2007. At that time, the latter was a regional brand with about Rs 135 crore in annual revenue built on the foundation of South Indian culinary traditions. Long before the traffic begins its daily argument, the air around the Lalbagh Fort Road in Bengaluru hums with something older, the clink of stainless steel tumblers, the hiss of the filter coffee being juggled and poured from a height, and the soft rustle of newspapers folded. Inside the …

As US startups stay private longer, India's open, vibrant capital markets are letting younger companies list sooner - and inviting retail investors to join the compounding early In 1980, Apple went public at a $1.8 billion market cap, just five years after its founding. Microsoft followed in 1986 at $800 million, 11 years after founding, and Nvidia in 1999 at $600 million, six years after founding. Today, these companies are the world’s most valuable, each worth close to $4 trillion. Their co…

Long-term partnership will strengthen Sanmar’s PVC production in Egypt and India, and support growth ambitions across MENA The Sanmar Group, a Chennai-based diversified company with a presence in chemicals, shipping, engineering and foundry businesses, has signed two product sale agreement term sheets with TA’ZIZ, the UAE’s chemicals and transition fuels ecosystem, for the supply of key petrochemical feedstocks....

The proposed range of $130–170 billion would place Jio among the country’s top three listed companies by market capitalisation, ahead of Bharti Airtel. Investment bankers are proposing a valuation of as much as $170 billion for Jio Platforms Ltd., according to people familiar with the matter, ahead of what could be a record-breaking initial public offering for Reliance Industries Ltd.’s wireless carrier......

Currently, only two Indian banks — SBI (ranked 43) and HDFC Bank (73) — figure among the S&P Global Market Intelligence ranking of the world’s 100 largest banks by assets India needs many big and world-class banks. The Government will engage with the RBI and banks towards this end, said Union Finance Minister Nirmala Sitharaman......

·       ‘Developed India’ needs more big, world-class banks: FM https://bit.ly/47vstGY ·       SBI to list mutual fund arm through IPO https://bit.ly/3XhUbAY ·       Jio Platforms may seek $170 billion valuation ahead of record IPO https://bit.ly/3XeA2f4 ·       Shapoorji Pallonji’s Goswami Infratech plans ₹25,000-cr bond to refinance debt https://bit.ly/47u1Nqe ·       Vedanta secures 500 MW order from Tamil Nadu Power Distribution Corporation https://…

The Central Bank of Bahrain (CBB) has overseen the signing of a pivotal partnership agreement between Bahrain’s payment network operator, Benefit, and NPCI International Payments (NIPL), the international arm of the National Payments Corporation of India (NPCI). The landmark collaboration will link Bahrain’s existing Electronic Fund Transfer System (EFTS), specifically the popular Fawri+ service, with India’s highly successful Unified Payments Interface (UPI) .....

The S1 Pro+ (5.2 kWh) is the first scooter to use the company’s indigenously developed 4680 Bharat Cell battery pack, produced at its state-of-the-art Gigafactory EV-player Ola Electric has commenced the deliveries of its 4680 Bharat Cell Powered Vehicles. The company’s exchange filing said the S1 Pro+ (5.2kWh) is the first product powered by the company’s indigenously manufactured cell battery pack.....

Proposes amendments in the existing statutes with emerging challenges India on Wednesday unveiled its AI Governance Guidelines, which do not propose a new law to regulate artificial intelligence but underscore the urgent need for a comprehensive review of existing statutes to identify regulatory gaps in relation to AI systems....

·       India unveils first AI governance framework, opts for adaptive regulation over new law https://bit.ly/3Lnwx3v ·       USL begins strategic review of RCB business, calls it ‘non-core’ to liquor operations https://bit.ly/47H9f02 ·       Ola Electric begins deliveries of 4680 Bharat Cell-powered S1 Pro+ scooters https://bit.ly/3JipPeA ·       SUVs, rural growth, premiumisation to keep PV sales in fast lane in 2026 https://bit.ly/43SFfNm ·       Paytm f…

ICOM Dubai 2025 conference will be hybrid, enabling global participation. 11-17 Nov 2025 Dubai World Trade Centre The main theme chosen for the General Conference, ‘The Future of Museums in Rapidly Changing Communities,’ encapsulates the dynamic ever-changing landscape that communities and museums worldwide navigate through today, with three interconnected sub-themes that will invite in-depth discussions into the safeguarding of intangible heritage, youth power, and the rise of new technol…

Dubai Municipality has announced the opening of registration for the fifth season of the Farmers’ Market, one of its flagship community initiatives that brings together Emirati farmers and local producers on a single platform. The initiative enables them to showcase their products directly to residents and visitors, while receiving full support to develop their farms and businesses, enhance local agricultural output, and promote sustainable farming practices. It also reinforces Dubai’s posit…

Global Tobacco’s Powerhouse Event 11-12 November 2025 Dubai World Trade Centre Lex Tobacco Smoking Lounge The Lex Tobacco smoking lounge and bar on the show floor. Over 700sqm of space for you to meet colleagues, hold meetings, relax and enjoy the whole event experience. WTME Awards 2025 World Tobacco Middle East is launching the WT Awards 2025, a new initiative to celebrate the ongoing contributions of stakeholders who continue to elevate the quality and standards of the global tobacco sec…

Long-term partnership will strengthen Sanmar’s PVC production in Egypt and India, and support growth ambitions across MENA The Sanmar Group, a Chennai-based diversified company with a presence in chemicals, shipping, engineering and foundry businesses, has signed two product sale agreement term sheets with TA’ZIZ, the UAE’s chemicals and transition fuels ecosystem, for the supply of key petrochemical feedstocks....

  UAE ·        Abu Dhabi's Eshraq Investments to take legal action over Goldilocks stake https://bit.ly/4oVeCzv ·        A 24k gold-plated iPhone is selling for Dh11,111 in Dubai’s biggest 11.11 sale https://bit.ly/4olw9B4 ·        Parkin posts record Q3, sees better full-year growth on strong revenues https://bit.ly/4nBAsa9 ·        Cruise Arabia Alliance expands as Saudi Arabia, Qatar join to boost Gulf tourism https://bit.ly/43NjNJI ·        Emaar se…

BEYON has announced the establishment of its second fully solar-powered data centre following the successful completion of Phase 3 of the Beyon Solar Park, developed in partnership with Almoayyed Solar. The BD520,000 investment makes the company’s tier III certified data centre in Hamala one of the few fully green data centres in the region, running on 100 per cent renewable energy......

Zain Kuwait has sponsored the GCC Electricity and Water Conservation Forum 2025, hosted by the State of Kuwait at the Sheikh Jaber Al-Ahmad Cultural Center (JACC). The forum brought together a select group of officials and experts to discuss challenges and solutions in energy and water efficiency, and to showcase the latest sustainable practices across the GCC.....

- stc group successfully completed the Middle East and North Africa’s first trial of the 7 GHz frequency band, a key enabler for 6G technology, in partnership with the Communications, Space & Technology Commission and Nokia. - The trial explored the potential of the 7 GHz band for 6G applications, expected to power Saudi Arabia’s ambition to lead in global technology and digital innovation. - This breakthrough reinforces the Kingdom’s position as a regional hub for advanced digital infrast…

The new 2,000MW phase will feature a 1,400 MW battery storage system with six-hour capacity Dubai Electricity and Water Authority (DEWA) has invited qualified companies and consortiums to submit proposals for the seventh phase of the Mohammed bin Rashid Al Maktoum Solar Park. This phase will add 2,000 megawatts (MW) from photovoltaic solar panels and include a 1,400MW battery storage system with a six-hour capacity, providing a total storage capacity of 8,400 megawatt-hours. This makes it one of…

- Emirates Courier Express will serve all of Germany at launch, via its Frankfurt gateway   - 21 weekly flights connecting Dubai and Frankfurt, providing seamless onward connectivity with Australia, Africa and the Middle East Emirates Courier Express has grown its footprint in Europe with the start of operations in Germany. Headquartered from Frankfurt, the groundbreaking door-to-door cross-border delivery solution is primed to serve Germany’s manufacturing hub and add a new, more direct off…

The Maritime and Port Authority of Singapore (MPA) and RINA, a multinational engineering consultancy, inspection, and certification group, have signed a Memorandum of Understanding (MoU) to establish a technology demonstration centre and collaborate on maritime innovation, digitalisation, decarbonisation, and talent development. The MoU was signed on 5 November 2025 by Mr Ang Wee Keong, Chief Executive of MPA, and Mr Carlo Luzzatto, Chief Executive Officer and General Manager of RINA. The techno…

SGX Group (Singapore Exchange) is introducing a new trading engine, “Iris-ST”, in the Singapore stock market. Iris-ST will enable SGX Member firms to offer better and additional services, equipping them to seize opportunities as the market grows. “The new and improved features in Iris-ST will deliver benefits to the Singapore stock market and market participants. These features range from new order types and risk controls to more intuitive counter codes. The level of investor participation…

Singapore ·       Singapore ranks second globally for stolen payment cards due to its highly digital economy: Study https://bit.ly/4qLZTsl ·       Singtel shares soar to record high on talk of $5b deal with KKR to buy Singapore data centre firm https://bit.ly/4hVrAv2 ·       Singapore to set up first quantum computer for commercial use in 2026 https://bit.ly/3LzTPmJ ·       PropNex unit sued for $586,000 over alleged misrepresentation and breach of duty https://bit.ly…

  Singapore ·       Art firm closure leaves staff unpaid; lawyers urge them to file claims and focus on job hunt https://bit.ly/47ntUY0 ·       Retail sales rise 2.8% in Sept amid pre-F1 season and major concerts https://bit.ly/4hJXF8Z ·       Company directors to face heavier penalties if they fail to act in the best interest of firms https://bit.ly/3LprzDg ·       Coliwoo’s public offer of 5.3 million shares 20.7 times subscribed https://bit.ly/43VhEM2 ·    …

Singapore ·       Twelve Cupcakes’ retrenched staff get job leads, vouchers as union steps in; wages remain unpaid https://bit.ly/4nHhRcS ·       Parliament passes second Workplace Fairness Bill, paving way for roll-out in end-2027 https://bit.ly/4oYEM4F ·       Khoon Engineering says it has no links to cybercrime; not involved in a US probe https://bit.ly/4onnZbh ·       More directors in S’pore-listed firms paid less than $50,000 in 2025: Report https://bit.ly/4…

Singapore ·       S’pore’s PSA International among operators considered for Panama Canal’s twin terminal project https://bit.ly/3JBTMGj ·       Singapore factory activity slips in October as firms take stock of risks ahead https://bit.ly/3XfcNS5 ·       CapitaLand Investment, Mapletree Investments exploring merger: WSJ report https://bit.ly/49ykREY ·       JB City Square mall undergoing revamp to include hotel apartments, health and wellness hub https://bit.ly/4…

Singapore ·       Don’t let AI outpace human talent, improve HR to build future-ready workforce: SNEF president https://bit.ly/43IOcbZ ·       Fu Yu terminates group CEO David Seow for ‘gross default and misconduct’ https://bit.ly/3JDWET4 ·       Twelve Cupcakes under MOM probe for unpaid salaries, abrupt retrenchment of 80 staff https://bit.ly/4odGcIk ·       Quantum AI accelerator opens in S’pore, boosting the Republic’s hub ambitions https://bit.ly/49DvC8…

Projects approved by the Philippine Economic Zone Authority (PEZA) in the first 10 months this year rose 41.72 percent to PHP175.37 billion, making its officials optimistic of hitting the agency’s PHP250 billion target this year. Data released by the agency on Friday showed that the 243 new and expansion projects approved by the PEZA Board as of the end of October this year are expected to generate around USD6.079 billion in exports and create 59,937 direct jobs for Filipinos. Bulk of these in…

As of October 2025, Viet Nam has formulated comprehensive strategic partnership with 14 countries. The comprehensive strategic partnership framework is the highest tier in Viet Nam's diplomatic hierarchy. These countries are China, the Russian Federation, India, South Korea, the United States, Japan, Australia, France, Malaysia, New Zealand, Indonesia, Singapore, Thailand, and the UK. - Viet Nam, UK elevate bilateral ties to comprehensive strategic partnership - ASEAN and NZ establish Comprehen…

The Monetary Authority of Singapore (MAS) has said that it is working closely with the Police through the Anti-Money Laundering Case Coordination and Collaboration Network (AC3N)[1] to follow up on the case involving Prince Holding Group.  Financial institutions (FIs) had filed suspicious transaction reports early on. A number of FIs had also undertaken risk mitigation measures, for example by closing suspicious accounts. This had averted larger sums from being held in our financial sector. M…