A man walks past an advertisement of Reliance Industries Limited at a construction site in Mumbai. Reuters
Reliance Industries’s June-quarter profit rose 7 per cent, as double-digit growth in the Indian conglomerate’s retail and telecoms businesses helped offset its worst oil refining margins in 18 quarters.
Rebutting rumours about the financial health of Reliance Group, its Chairman Anil D. Ambani on Tuesday said the Group has met debt servicing obligation of Rs 35,000 crore during the period from April 1, 2018 to May 31, 2019.
Abu Dhbai T10 League added another feather to their cap as they signed a deal with telecom giants Jio, who will stream the matches live to their strong base of 330 millions subscribers on their smart phones.
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, on Monday visited a side exhibition of the Global Business Forum Africa held in Jumeirah City.
De Havilland Aircraft of Canada Limited announced on Monday during the Dubai Airshow that lessor Palma Holding (Palma) has signed a Letter of Intent to purchase 20 Dash 8-400 aircraft. The parties are working to finalize a purchase agreement.
Dubai Chamber of Commerce and Industry has been named as an Official Expo 2020 partner following the signing of a partnership agreement between the two organisations, Reem Al Hashimy, UAE Minister of State