Business
15% VAT hike comes into effect in Saudi
Saudi Arabia's decision to raise the value-added tax (VAT) rate to 15 percent came into effect on Wednesday on all goods and services subject...
ZEE5 announces TikTok rival HiPi for Indian users
Entertainment app ZEE5 on Wednesday announced a short video-sharing platform HiPi in a bid to take on TikTok which is among the 59 Chinese...
Tectonic disruption in the e-commerce and retail space: eBay India
In an interview with IANS, Vidmay Naini, Country Manager, eBay India said the unprecedented times have called for a tectonic disruption in the e-commerce...
Carlyle to acquire 25% stake in Airtel’s Nxtra for $235 mn
The Carlyle Group will acquire around 25 percent stake in Airtel's data center business 'Nxtra' for $235 million.
The post-money enterprise valuation of Nxtra is...
Mexican flag carrier files for bankruptcy
Mexican flag carrier, Aeromexico announced that it has filed for bankruptcy in the UnS due to the financial crisis caused by the COVID-19 pandemic.
"We...
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