Vodafone Group announced on Tuesday that its floating infrastructure subsidiary Vantage Towers will aim to raise up to $3.32 billion in proceeds in Europe’s biggest initial public offering of 2021. The price range for Vantage Towers’ IPO on the Frankfurt Stock Exchange was set by the UK-based operator at 22.50 to 29 euros per share, […]
Category Archives: Business
Seamless transport connectivity with Bangladesh has the potential to extend India’s value by the maximum amount as 8% and Bangladesh by the maximum amount as 17%, consistent with a recent International Bank for Reconstruction and Development survey. With the Eastern sub-region set to become an “economic growth pole” for South Asia, it’s necessary for countries […]
The Delhi government has introduced a heritage promotion scheme in its annual budget tabled, seeking to brand the national capital as a tourist destination. Deputy Chief Minister Manish Sisodia, who also holds the finance portfolio, while presenting a Rs 69,000-crores budget for year 2021-22, said Rs 521 crores have been allocated in 2021-22 for the […]
India plans to buy 30 armed drones from the US to increase its protection of the sea and land as disputes continue in China and Pakistan, according to officials who are familiar with the matter. India will agree next month to buy $3 billion 30 MQ-9B Predator drones manufactured by San Diego-based General Atomics, an […]
Reliance Industries Ltd (RIL) has agreed to expand the operating support to Future Retail Ltd., in order to avoid its failure, though its 24,713-crore deal to purchase the cash-strapped retailer’s properties is awaiting approval from the company law court, two persons directly aware of the matter. The case was set to be decided by the […]
The first-ever leaders’ meeting of the Quad group of counties has planned to announce financing agreements to support the increase in production capacity for COVID-19 vaccines in India. The aim of an initiative by the Quad, which is a group of Australia, India, Japan, and the United States would be to rectify manufacturing backlogs, increase […]
According to Organisation for Economic Co-operation and Development (OECD) projections, the US recovery boosted by President Joe Biden’s stimulus package, which would also help global economic upswing faster than expected, potentially leaving Europe behind. After major economies exhibited increased resilience at the end of 2020, and as proof of vaccine effectiveness increases, policymakers add additional […]
To encourage women homebuyers, Maharashtra government declared a 1% stamp duty reduction over current rates on Wednesday. If the transfer of a house property or the registration of a selling deed is in the name of a woman, the government may offer a stamp duty rebate, according to the government. “On International Women’s Day, I […]
Amazon.com Inc. has acquired a minority stake in a cargo airline that serves a portion of its rapidly expanding air-cargo division, the latest indication of the retailer’s long-term plans to expand its air-freight operations. Amazon paid $131 million for around 13.5 million shares of Air Transport Services Group Inc., the air freight company said in […]
The India candy market is anticipated to grow with a considerable CAGR during the forecast period (2020-2026). The market is mainly driven by the availability of a wide range of lollypop, toffee, and other forms of candy across the country. Additionally, there are various popular brands of confectioneries available in India that is engaged in […]