Sunday 28 August 2016
 
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India

India probes damage caused by submarine data leak

India is investigating the extent to which secrets about French Scorpene submarines being built in the country have been compromised, its defence ministry said on Wednesday, after a leak of documents relating to its combat capabilities.

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India's SBI to gain $120bn from mergers

State Bank of India (SBI), the nation's biggest lender by assets, will gain $120 billion in assets following its merger with associate banks and Bhartiya Mahila Bank, the lender said in a statement on Saturday. In a first move

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Modi chides Pakistan, urges Indian unity on national day

Indian Prime Minister Narendra Modi took aim at supporters of "terrorism" in his Independence Day speech on Monday, ratcheting up criticism of Pakistan. Modi also pitched a vision of national unity and progress in his th

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Golden Sands Hotel Apartments targets Indian tourist market

Golden Sands Hotel Apartments, a part of AA Al Moosa Enterprises with hotel apartments in the region, announced its participation in a 10-day road show to India to promote Dubai as a key destination for Indian travellers. From Aug

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Jet Airways reports $19m profit for Q1

Jet Airways Group, India’s premier international airline, has announced its fifth successive profitable quarter for the period ending June 30, 2016 based on continuing improvement in aircraft utilisation, increased efficiency and reduction

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India's parliament approves biggest tax reform

Parliament approved India's biggest overhaul of indirect taxes on Monday after the lower house ratified a constitutional amendment Prime Minister Narendra Modi called a major step to make doing business easier. The proposed go

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UAE's Alpha Destination opens seven offices in India

UAE-based Alpha Destination Management has joined hands with Bird Group to open seven offices across India this month and bring more tourists to Dubai. Headquartered in New Delhi, Bird Group is one of India’s fastest growing

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Double win for Jumeirah Golf Estates at India awards event

Dubai’s Jumeirah Golf Estates, host of the DP World Tour Championship, has taken home two major awards at the World’s Best Realty Brand Awards 2016 Asia. The awards ceremony was held at an exclusive event in New Delhi,

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India third largest tourist source market for RAK

India ranked as the third largest international source market for Ras Al Khaimah, recording a 23 per cent increase in visitors from the subcontinent during the first six months of 2016 compared to the corresponding January-June period last year,

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India's landmark tax reform approved

India's upper house of parliament backed a major tax reform on Wednesday that seeks to transform the country into a common market, though opposition benches urged Finance Minister Arun Jaitley not to overtax businesses and consumers.

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