In a first, India pays in rupees for crude oil purchased from UAE
NEW DELHI: India’s first-ever payment in rupees for crude oil purchased from the UAE is helping the world’s third largest energy consumer push for taking the local currency global, as it looks for sim ...
Green shoots visible on corporate lending side: Kotak Mahindra Bank director Shanti Ekambaram
NEW DELHI: Green shoots are beginning to become visible as far as investment cycle is concerned led by government spending in the infrastructure sector, Kotak Mahindra Bank whole-time director Shanti ...
Infosys loses $1.5 billion deal on AI solutions with global firm
Infosys, the IT services giant, has said that a $1.5 billion agreement with an undisclosed global company has been terminated. The deal focused on artificial intelligence (AI) solutions. Signed in Sep ...
Biocon subsidiary grants distribution of biosimilar to Sandoz in Japan
NEW DELHI: Biocon Biologics, a subsidiary of Biocon has signed a distribution agreement with Sandoz, granting the company exclusive rights to promote, sell and distribute `Adalimumab BS for subcutaneo ...
Adani group plans $1 billion investment in green energy arm
Billionaire Gautam Adani and his family plan to inject $1 billion into the conglomerate’s renewable energy unit, people familiar with the matter said, as the group races to reach ambitious green goals ...
UK inflation falls by more than anticipated to 2-year low of 3.9% in November
LONDON: Inflation in the UK as measured by the consumer prices index eased back to its lowest level in more than two years, official figures showed Wednesday, in a development that is likely to bolste ...