Walmart gets $1 bn tax bill, Google refused stay on penalty, nod for National Green Hydrogen Mission, Nexus raising new fund, tariff relief for ICB plants
5 January, 2023•1 min
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5 January, 2023•1 min
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The Gulf Report: UAE markets cheer on US-Iran ceasefire
Dubai stocks saw their best day in a long while on Wednesday, property data for the first quarter shows the market held its own and other updates from the week.
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The Gulf Report: UAE markets cheer on US-Iran ceasefire
Dubai stocks saw their best day in a long while on Wednesday, property data for the first quarter shows the market held its own and other updates from the week.
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Can Jeet Adani’s airports ride out Iran war?
The Adani group plans to spend Rs 1 lakh crore over the next five years to develop its airport business. While everything—including the funding—is sorted, a prolonged war could disturb the math.
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IPO is imperative but no panacea for Manipal Hospitals
A public listing will help clean up the hospital chain’s balance sheet after the costly Sahyadri acquisition. But depressed metrics, integration risks and lofty valuations make this far from a clean turnaround story.