World Business
A business, also known as an enterprise or a firm, is an organization involved in the trade of goods, services, or both to consumers.
SAIL reports 8.6pc rise in net profit to Rs 579 crore
New Delhi: SAIL announced 8.6 percent rise in net profit for October-December quarter at Rs 579 crore on the back...
Indonesia’s Waskita Karya eyes 28% growth to $1.04 billion in 2015
JAKARTA: Indonesian state-controlled construction company Waskita Karya said it expects its revenue to rise 28 percent to Rp 13 trillion...
GVK Power’s net loss widens to Rs 209.12 crore, income from operations at Rs 791.92 crore
Hyderabad: Consolidated net loss of GVK Power and Infrastructure Ltd for the quarter to December widened to Rs 209.12 crore....
Singapore household incomes jump 4.1% to $6,109 in 2014
SINGAPORE: Households across all income groups earned more last year amid a tight labour market, although income inequality also crept...
Exports slide 8.09% to $13.30b on YoY: Indonesia reports $710m trade surplus in Jan
JAKARTA: The Southeast Asia's biggest economy, Indonesia, has reported a higher-than-expected trade surplus in January Indonesian exports slide 8.09 percent...
$0.2m ‘bribe’ for $100m contract: Rolls-Royce vows obedience after report of scandal
LONDON: The British engine maker, Rolls-Royce, has pledged to take measure for obeying laws as the Financial Times accused the...
Vodacom revenue falls in South African, sales decrease 1.1% to 20 billion rand
CAPE TOWN: Vodacom Group Ltd., the mobile operator with the most subscribers in South Africa, said third-quarter revenue fell after...
13pc hike in wage bill: Bank employees threaten to go on 4-day strike from Feb 25
Chennai: Unions of bank employees threatened to go on strike from February 25 if their wage hike and other demands...
Bantaeng in Indonesia’s South Sulawesi plans to start $300m new port
JAKARTA: Bantaeng district government in South Sulawesi plans to start constructing in IDR4trn ($300m) industrial port as part of the...
Taiwan imposes 30% property tax on foreigners
TAIPEI: Taiwan's Ministry of Finance announced a proposal to consolidate housing and property taxes here the other day to prevent...
National Vision 2030: Qatar, Japan review technologies to achieve sustainable development goal
DOHA: Qatar senior government officials and leading businesses, including representatives from several prominent Japanese companies discussed Japanese technologies to help...
Japanese firms to invest $1.32b in Indonesia
JAKARTA: Four Japanese firms will pour US$1.32 billion into Indonesia over the next few years in various sectors, from automotive...
Turkmenistan’s total commercial gas export to reach 160-170bcm per year
ANKARA: Turkmenistan’s total commercial gas export volume can reach 160-170 billion cubic meters (bcm) per year, with the possibility of...
ALDI’s sales rise 17.3%
LONDON: Aldi’s sales rose 17.3 per cent year-on-year and the sales of Lidl were up 13.8 per cent in the...
Virgin Media aims to create 6,000 jobs
LONDON: Virgin Media is planning to create 6,000 jobs as it has decided to invest £3 billion to expand its...
HDFC Bank reports 20.2pc increase in net profit to Rs 2,794.5 crore
MUMBAI: HDFC Bank announced 20.2 percent increase in net profit to Rs 2,794.5 crore for the third quarter ended December...
Reliance Communications announces 86pc jump in consolidated net profit at Rs 201 crore
Mumbai: Reliance Communications announced an 86 per cent jump in consolidated net profit at Rs 201 crore for the third...
After $3.3m, Standard Chartered to invest $1m more in anti-blindness project to facilitate 1m Pakistanis
KARACHI - Standard Chartered will invest USD 1 million for avoidable blindness programme ‘Seeing is Believing’ in Pakistan which will...
Afghanistan gets $130m aid from ADB to enhance transportation infrastructure
KABUL: The Asian Development Bank (ADB) provided 130 million dollars aid to Afghanistan for developing its transportation system, including the...
Bank of England to look into allegations against HSBC
LONDON: The Bank of England may look into allegations that Europe's biggest bank HSBC helped clients to avoid paying tax,...
