by Vasu Jit Kalia | July 17, 2024 | Central Banks
Al Maryah Community Bank (Mbank), a digital bank in the UAE, has announced its collaboration with First Abu Dhabi Bank (FAB) to expand Mbank’s geographical network. In a statement on Tuesday, Mbank said that the strategic collaboration aims to integrate Mbank’s...
by Vasu Jit Kalia | July 17, 2024 | Startups
Xpro India Limited, part of the Birla conglomerate and a producer of dielectric films used in capacitors, is establishing its first global manufacturing unit called Xpro Dielectric Films in Ras Al Khaimah. From being the first mover in dielectric film manufacture in...
by Vasu Jit Kalia | July 17, 2024 | Market Analysis & Commentary
The Indian equity market experienced one of the best weeks of 2024, with the Nifty and Sensex reaching all-time highs of 24,592.20 and 80,893.51, respectively, before closing at 24,502.15 and 80,519.34. This marked gains of 0.73 per cent for the Nifty and 0.65 per...
by Vasu Jit Kalia | July 17, 2024 | Healthcare
New Delhi, July 15 (IANS) The market cap of the Indian hospital sector surged 9 times from Rs 375 billion in FY20 to Rs 3.5 trillion in FY24 riding on improved pricing, higher insurance coverage, and dedicated shift towards complex surgeries such as transplants, a...
by Vasu Jit Kalia | July 17, 2024 | Energy
Mumbai, July 16 (IANS) Tata Power on Tuesday announced plans to invest Rs 20,000 crore during 2024-25, a large part of which would go to projects in the renewable energy segment of the company. Addressing the company’s 105th Annual General Meeting (AGM), Tata Power...
