Reliance Industries, India’s most valuable company, has established a subsidiary in the United Arab Emirates. The company said it invested $1 mn to float Reliance International Ltd based in Abu Dhabi Global Market, UAE. The company will engage in trading of crude oil, petroleum products, petrochemicals and agricultural commodities, among others, said the Mukesh Ambani-led […]
Two- and three-wheeler maker TVS Motor Co said it has appointed a new distributor for the UAE market and inaugurated a new, 2,000 sq ft showroom. The company also plans to significantly scale up its offering in the country. The new distribution arrangement was signed with Public Motors, a unit of Ghaf Investments LLC. The […]
The Kerala government has requested the central government to restart international flights to Dubai, keeping in mind the Dubai government’s decision to reopen the airport and the requirement of Indians to return to work. “We have requested that flights to Dubai be restarted, given that the authorities there have given permission for residents of Dubai […]
At least one passenger on each of the two flights operated on Day 1 of Vande Bharat rescue mission have tested positive on arrival, raising some concern about the safety of the passengers on these flights. Day 1 of the operation had seen around 340 passengers touch down in two separate flights at Kochi and […]
Pharma major Lupin said it has agreed to sell its Japanese injectables business to a wholly owned subsidiary of Neopharma group, the UAE’s largest pharmaceutical manufacturer headquartered in Abu Dhabi. Lupin has agreed to sell all the issued and outstanding share capital in its unit Kyowa Criticare Co. Ltd to neo ALA Co. Ltd, a […]
Sterlite Technologies said it won a three-year deal to supply high-quality fiber optic cables to du, a telecom network in the UAE. Financial details were not disclosed. “With an on-going relationship with du for the past six years, we have renewed the partnership for our innovative range of smarter optical communication technologies. “Through this agreement, […]
