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Reliance Jio to raise £1.3bn for equipment purchase

MUKESH AMBANI-owned Reliance Jio is in talks to raise about £1.3 billion to purchase equipment from Nokia, Bloomberg reported. Banks involved in the discussions include Citigroup, JPMorgan...

Google, Amazon announce major investments in India

BLUE chip companies Google and Amazon have announced major investments in India during prime minister Narendra Modi’s visit to the United States. Amazon.com Inc will...

Leena Nair: I had to break down barriers to become first Indian to head Chanel

THE Indian chief executive of a global luxury brand has encouraged young women who are pursuing careers in business to ‘dream big’. Leena Nair, 54, the...

UK retail sales growth slows as food inflation bites

UK retail sales growth slowed in May as soaring food prices hit shoppers hard, official data showed on Friday (23). Total retail sales by volume...

Modi’s US visit may encourage more American firms to invest in India

INDIAN prime minister Narendra Modi’s visit to the United States may encourage more American companies to consider investing in the South Asian country as...

Frasers buys five per cent stake in fashion retailer Boohoo

SPORTSWEAR group Frasers has bought a five per cent stake in fashion retailer Boohoo for £22 million, seeking “potential synergies” between the two businesses. Frasers...

Rising inflation and interest rates hurt Sri Lanka’s growth

SRI LANKA’S economy shrank 11.5 per cent in the first three months of 2023, official data showed last Thursday (15), as the country remained...
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