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India
In this quarter, 62 IPOs collectively raised $2.8 billion, with Hexaware Technologies leading at $1 billion. Amid global uncertainties, India’s initial public offering (IPO) market has secured a 22 per cent share of global IPO activity in the first quarter of 2025, setting positive tone for the remainder of the year, according to EY’s latest IPO Trends report.
AWL Agri Business (formerly Adani Wilmar) is pursuing acquisitions in pulses and spices to expand its food business after acquiring GD Foods (Tops brand). The company aims to double its food vertical revenue in 3-4 years. AWL Agri Business, formerly called Adani Wilmar, is eyeing further acquisitions in categories such as pulses and spices in a bid to step up presence in the food vertical, its MD & CEO Angshu Mallick told FE in an interaction....
The fund will invest in the pilot stage of 20 for-profit companies and ideas working in the areas of cooling, buildings, and freight which are market-ready The HCL group remains cautiously optimistic in the face of ongoing global uncertainties due to changes in tariff structures by various countries, including the US, the company’s chairperson Roshni Nadar Malhotra said..... More https://bit.ly/42Rv9Ln Via business-standard.com
· Ahead of its IPO debut, Duroflex plans to add 23 stores by end of FY26 https://bit.ly/4jzhVu6 · Ambuja Cements crosses 100 mtpa capacity, reports 9% rise in annual profit https://bit.ly/4iJwfir · India can strengthen trade, manufacturing amid global uncertainty: FinMin https://bit.ly/42AEBnN · Daewoo enters Indian lube market, aims to get 2% share by March next year https://bit.ly/4cTX7eh · Trent Q4 net plunges 55%, but revenue u…
Overseas investors turned net buyers in mid-April, drawn to the nation as a relative haven from tariff uncertainty Global funds’ return to Indian equities suggests the likely extension of the recent rally in Asia’s top-performing stock market. Overseas investors turned net buyers in mid-April, drawn to the nation as a relative haven from tariff uncertainty.... More https://bit.ly/3EK1dJg Via business-standard.com
According to Mantri’s analysis, Indian women alone are estimated to own about 24,000–25,000 tonnes of gold — nearly 11–12% of all the gold ever mined by Homo sapiens. Indian households have long been synonymous with gold wealth, but fresh insights from investment advisor and JRL Money founder Vijai Mantri, alongside global data, reveal just how staggering that connection truly is..... More https://bit.ly/44N3gH0 Via businesstoday.in
The RBI has been conducting OMO purchase auctions since late January 2025 to infuse liquidity into the banking system Keeping up its liquidity injection efforts, the Reserve Bank of India on Monday announced an auction calendar for May, whereby it will conduct open market operations (OMOs) for purchase of Government Securities (G-Secs) aggregating ₹1.25 lakh crore in four tranches.....
· India’s factory output grew by 3% in March https://bit.ly/3REMja3 · Reliance shares gain 5% as Q4 profits beat estimates, brokerages bullish https://bit.ly/3Gtf333 · Chinese firms turn to Indian exporters to help fill US orders https://bit.ly/3Yil1tP · Amul targets 5-fold growth in protein-production; pushes protein consumption through IPL tournament https://bit.ly/42QGzz2 · RBI to inject liquidity aggregating ₹1.25 lakh cr i…
Adani Energy Solutions plans Rs 16,000-18,000 crore capex for FY26, focusing on transmission, smart meters, and distribution. With major ISTS bids and 22.8M smart meters in its pipeline, AESL targets strong growth, aiming to deliver 7 key projects and expand its presence in India's power sector.......
India’s digital economy is thriving, and Apple’s App Store is playing a bigger role than ever, unlocking massive opportunities for local developers and users alike. Apple’s growing presence in India is reshaping the digital economy, with a new report highlighting the enormous impact of its App Store ecosystem. In 2024, the App Store facilitated over ₹44,447 crore (approximately $5.31 billion) in billings and sales across India, according to a study conducted by Professor Viswanath Pingal…
Middle East
- Food lovers and tastemakers are being drawn to Dubai's iconic destination for elevated living, global flavours and unforgettable dining experiences Uptown Dubai, the city’s iconic lifestyle and cultural landmark developed by DMCC, is attracting residents, visitors and tastemakers – all drawn to a new side of Dubai’s evolving dining and social scene to experience the district’s vibrant mix of refined gastronomy and creative energy. Anchored by the architectural marvel of Uptown Tower, …
- Emirates holds exclusive status as CLIA's sole Diamond Elite Executive Partner airline - Partnership with CLIA enhances cruise sector engagement and drives strategic growth in key markets Emirates has strengthened its strategic partnership with Cruise Lines International Association (CLIA) through the extension of its prestigious Diamond Elite executive partnership. With CLIA representing more than 90% of the global ocean cruise fleet, including more than 55 cruise lines, this partnership of…
With the countdown on for the AFC Champions League Elite Final, which takes place in Jeddah on Saturday May 3, NEOM welcomed the official tournament trophy for a special journey across its communities and initiatives. As Presenting Partner of this year’s last eight matches, including the Final on May 3, NEOM brought the trophy on a tour of key locations across the giga-project's expansive 26,500-square kilometer footprint, - from the snow-covered slopes of Trojena, to the shores of the Adventu…
Emirates and Philippine Airlines (PAL) met at the Arabian Travel Market in Dubai to explore a potential expansion of their partnership with the shared goal of offering more convenient schedules and improved services to the traveling public. Emirates and PAL agreed to consider the possibility of a reciprocal code sharing agreement on flights between the Philippines and Dubai, and on select routes beyond the gateways of each partner airline. A code sharing partnership could potentially give tra…
Chamber discussed expanding investment portfolios in Dubai with 30 of the region’s leading venture capitals - Dubai Chamber of Digital Economy invited digital businesses from Singapore and Asia to participate in Expand North Star 2025, the world’s largest event for startups and investors. - The chamber held discussions with 25 digital ecosystem partners and technology-focused zones in Singapore to enhance collaboration between Dubai and Southeast Asian countries in digital economy and innova…
30 April- 2 May 2025 Dubai Trade Centre The Global Education & Training Exhibition (GETEX) is the leading student recruitment event in the region and an effective platform for all education providers to achieve their student admission targets and enrollment quotas. GETEX will help you engage your target audience, laying the groundwork for successful student conversions and increased marketing visibility. Capitalize from the smart recruitment template that GETEX has been providing exhibitors …
Kuwait Airways and Emirates have signed a Memorandum of Understanding (MoU) to develop an interline agreement, offering passengers increased flight options to Dubai and beyond. The MoU was signed at the Arabian Travel Market (ATM) in Dubai, reflecting a step forward in strengthening cooperation between the two carriers. The Memorandum of Understanding (MoU) was signed by Kuwait Airways Chairman, Captain Abdulmohsen Salem Al-Fagaan, and Emirates’ Deputy President, and Chief Commercial Officer, …
- DIFC welcomes 1,700 professionals from 82 countries to the largest ever Dubai World Insurance Congress - Centre announced 35% leap in insurance and (re)insurance business with Gross Written Premiums at USD 3.5bn generated by 125 insurance-related entities - Launch of first ever report into the outlook for the global insurance industry during the Dubai World Insurance Congress 2025 encompassed within the Future of Finance series “DIFC is well positioned to broaden and deepen its role as the…
Dubai Electricity and Water Authority (DEWA) continues its efforts to support sustainable urban development in Dubai and achieve the goals of Dubai 2040 Urban Master Plan and the Dubai Quality of Life Strategy 2033 through a wide range of projects and programmes that accelerate the shift towards zero-energy buildings, establish a sustainable energy and water saving model, and conserve resources to support Dubai's accelerated economic growth without harming the environment and its resources. "We …
Dubai Electricity and Water Authority (DEWA) continues its efforts to support sustainable urban development in Dubai and achieve the goals of Dubai 2040 Urban Master Plan and the Dubai Quality of Life Strategy 2033 through a wide range of projects and programmes that accelerate the shift towards zero-energy buildings, establish a sustainable energy and water saving model, and conserve resources to support Dubai's accelerated economic growth without harming the environment and its resources. "We …
South East Asia
Emirates and Philippine Airlines (PAL) met at the Arabian Travel Market in Dubai to explore a potential expansion of their partnership with the shared goal of offering more convenient schedules and improved services to the traveling public. Emirates and PAL agreed to consider the possibility of a reciprocal code sharing agreement on flights between the Philippines and Dubai, and on select routes beyond the gateways of each partner airline. A code sharing partnership could potentially give tra…
Chamber discussed expanding investment portfolios in Dubai with 30 of the region’s leading venture capitals - Dubai Chamber of Digital Economy invited digital businesses from Singapore and Asia to participate in Expand North Star 2025, the world’s largest event for startups and investors. - The chamber held discussions with 25 digital ecosystem partners and technology-focused zones in Singapore to enhance collaboration between Dubai and Southeast Asian countries in digital economy and innova…
Vinexpo Asia 2025 will return to Singapore this May, bringing together the global wine and spirits community for three days of business and networking. Held at Marina Bay Sands from May 27-29, the event is expected to welcome over 1,100 exhibitors from more than 20 countries, and 11,000 professional visitors from across 70 nations. As global consumption patterns shift, Southeast Asia has emerged as a key region for growth.....
Singapore’s manufacturing production rose for the ninth straight month year on year but fell short of analysts’ expectations. Factory output expanded 5.8 per cent in March year on year, after an upwardly revised 0.9 per cent increase in February. Economists polled by Bloomberg had forecast growth of 8.1 per cent.....
VinFast, the Nasdaq-listed global rival of American EV giant Tesla, had selected Thoothukudi in Tamil Nadu for its $2 billion facility Vietnamese electric vehicle (EV) major VinFast is planning to open its car assembly plant in Tamil Nadu by the end of June, the company's CEO Pham Sanh Chau said on Thursday, reported Reuters..... More https://bit.ly/42Xq3OZ Via business-standard.com
Thirty-year-old Kenneth Teo started a hawker stall selling wholesome teas with Cantonese dessert elements like peach gum and poached pears. A customer loved it so much, he invested in the business, and they now have four Cha Mulan outlets, with another opening at Jewel Changi Airport. At prettily designed stall Cha Mulan in Bedok Food Centre and Market, former fine-dining restaurant chef Kenneth Teo, 30, hawks wholesome Chinese tea drinks.....
Alphabet is considering moving part of its Pixel phone manufacturing from Vietnam to India to serve US markets, as tariffs make Vietnam less competitive Alphabet Inc, the parent company of Google, has begun discussions with its contract manufacturing partners in India—Dixon Technologies and Foxconn—to move a portion of global Pixel smartphone production from Vietnam to India. The move is aimed at fulfilling US-bound shipments, according to a report by The Economic Times..... More https:/…
Talks with Indonesia and Vietnam are also at a fairly advance stage for the export of BrahMos cruise missile systems India has dispatched a second batch of batteries of BrahMos supersonic cruise missile system to the Phillippines, fulfilling its contractual obligation signed in 2022 between the two nations.....
Vietnam-based CN Green Roof Asia (CNGRA) has broken ground on its P893-million solar project in Hermosa, Bataan. With a peak capacity of 22.79 megawatts (MW), the Solana Solar Beta Project is targeted for completion later this year, generating about 32.8 gigawatt-hours of clean power annually....
CelcomDigi Bhd has emerged as the top-performing Malaysian telecommunications company (telcos) in terms of environmental, social, and governance (ESG) ratings, according to CIMB Securities. Following CelcomDigi is Telekom Malaysia Bhd (TM), which scored well with Refinitiv and S&P Global. Maxis and Time dotCom ranked third and fourth, respectively.....