Saudi Arabia has scaled back on its plans to develop desert megapolis Neom. According to a report by news agency Bloomberg, the Saudi Arabian government hoped that Neom would house 1.5 million residents living in The Line. Crown Prince Mohammed aims to make Neom, a $1.5 trillion project along the Red Sea coast, a key feature in Saudi Arabia’s economic …
After its massive $10 billion merger with Sony Group was terminated, Zee Entertainment Enterprises Ltd is once again under the scanner of the Securities and Exchanges Board of India. Zee Entertainment is being probed by SEBI SEBI has alleged that more than $241 million is missing from the Zee Entertainment accounts, with no proper transaction history shown for the amount, …
With last quarter's higher-than-expected sales surprising investors and improving the outlook for the industry, shares of Indian software giants got off to a roaring start in the new year. The four major software companies have added roughly $22 billion in market value in just two trading sessions since Thursday, when the earnings season began, led by industry heavyweights Tata Consultancy …
Didi global news: Didi Global Inc, the largest ride-hailing business in China, plans to list on the Hong Kong stock exchange in the upcoming year. Any fresh listing would require approval from Chinese authorities, which compelled Didi to delist following its IPO on the fresh New York Stock Exchange last year, said Bloomberg in its news report. This move is …
