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Asos shifts bonus scheme focus from diversity targets to profits

ONLINE fashion retailer Asos has announced a change in the criteria for its annual executive bonus scheme, no longer requiring leaders to meet diversity...
Business

Arora Group buys London’s Heythrop site

ARORA GROUP, one of the UK’s largest private operators of hotels, has bought the Heythrop site in London from Zenprop. The 2.7-acre site, just off...
Business

‘Adani in a spot as India to restart coal imports probe’

INDIAN investigators are seeking to restart a probe into Adani Group for alleged overvaluation of coal imports and have asked the Supreme Court to...
Business

US Indian hoteliers to develop £1.04bn Dubai resort

TWO US-BASED Asian American hoteliers are planning to develop a $1.3 billion (£1.04bn) luxury JW Marriott International resort in Dubai, United Arab Emirates. The JW...
Business

Sri Lanka cuts rates ahead of foreign debt deal

SRI LANKA cut key interest rates on Friday (24) for a second time in as many months ahead of a crucial debt restructuring deal...
Business

South Asians warned of hefty inheritance tax

SOUTH Asian families have been warned about potential hefty inheritance tax bills over their property portfolios. Ahead of the chancellor Jeremy Hunt’s Autumn Statement on...
Business

India’s Russia oil policy helped global economy: Jaishankar

INDIA’S purchase policies “softened” the oil and gas markets by its decision to continue transactions with Russia, and New Dehi should be “thanked for...
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