by Vasu Jit Kalia | July 26, 2024 | News
New Delhi, July 26 (IANS) The abolition of angel tax will further ease the funding winter for the Indian startup ecosystem as the tax burden will go away for foreign investors, industry experts said on Friday. The Department for Promotion of Industry and Internal...
by Vasu Jit Kalia | July 26, 2024 | Market Analysis & Commentary, Markets
Mumbai, July 26 (IANS) Indian equity indices opened in the green on Friday following positive global cues. At 9.43 a.m., Sensex was up 329 points or 0.41 per cent, at 80,373 and Nifty was up 118 points or 0.48 per cent, at 24,524. Buying is seen in the broader...
by Vasu Jit Kalia | July 26, 2024 | Banking, Central Banks
National Bank of Fujairah recorded a net profit after tax of AED 441.2 million during the first half of this year. According to a press release issued today, the bank’s pre-tax profits increased by 46% year-on-year to end the six-month period with a net profit of AED...
by Vasu Jit Kalia | July 26, 2024 | Energy
In order to potentially develop three gas compression plants at Saudi Arabia’s largest unconventional gas field at Jafurah, Saudi Aramco signed a non-binding letter of intent (LoI) with a joint venture with Spain’s Técnicas Reunidas and Chinese oil and gas...
by Vasu Jit Kalia | July 25, 2024 | Real Estate
July 25, 2024, Dubai, UAE – SweetcHome, a personalized property matchmaking platform in the UAE, today announced a 132% monthly growth in users signing up for its platform. The rapid monthly growth was registered in June and July, just a few months after launching the...