Hyderabad, May 7, 2026 TiE Hyderabad which stands for The Indus Entrepreneurs and which is a global nonprofit organization focused on fostering entrepreneurship through mentoring, networking, education, funding connections, and incubation organised TiE Women Roadshow on Thursday at T-Works in Raidurgam in the city. Over 100 women, aspiring entrepreneurs from different walks of life participated in the roadshow. The Roadshow was organised to create awareness about…
DP World Launches War Risk Insurance to Secure West Asia Cargo Routes
Dubai, May 7 (BNP): Global logistics major DP World has launched a dedicated cargo war risk insurance solution aimed at strengthening the safety and resilience of trade operations across key West Asia shipping routes amid rising geopolitical uncertainty. The new offering is designed to protect businesses from financial losses arising due to conflict-related disruptions, including risks linked to armed conflict, route instability, and supply chain interruptions…
India–Vietnam Innovation Ties Will Shape Asia’s Future: Devendra Fadnavis
New Delhi, May 7 (BNP) : Maharashtra Chief Minister Devendra Fadnavis on Thursday said that entrepreneurs and innovators from India and Vietnam will play a decisive role in shaping the future economic trajectory of Asia, as the region moves towards a more innovation-driven growth model. He observed that both countries are witnessing rapid expansion in their startup ecosystems, digital capabilities, and manufacturing strength, creating strong…
Indian Banks Set to Navigate RBI’s New Credit Loss Norms Smoothly, Says Report
New Delhi, May 7 (BNP): Indian banks are expected to comfortably manage the transition to the Reserve Bank of India’s (RBI) upcoming Expected Credit Loss (ECL) framework, which is scheduled to come into effect from April 1, 2027, according to a report released on Thursday. As per an analysis by Fitch Ratings, the shift from the existing incurred-loss model to a forward-looking provisioning system is…
ROX to Establish One of the Middle East’s First Advanced AI Manufacturing Centres in KEZAD’s KLP 1 Musaffah
The 10,000 sqm facility will begin operations in H2 2026, targeting an annual production capacity of 300,000 vehicles by 2030 and contributing up to 10% to the UAE’s Operation 300Bn initiative Abu Dhabi, United Arab Emirates – 07 May 2026: Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones in the region, announced that it has signed…
Life Beneath the Surface: Four Seasons Resorts Maldives Brings the Ocean Closer Than Ever
The Indian Ocean reveals itself in many ways at Four Seasons Resort Maldives at Kuda Huraa and Four Seasons Resort Maldives at Landaa Giraavaru. From first encounters beneath the surface to quiet moments spent observing marine life from above, the experience is shaped by the natural rhythm of the sea. Across both islands, guests are invited to explore, understand and connect with one of the…
Cotton Import Duty Raises Cost Pressures on Textile Industry, Study Flags Competitiveness Concerns
New Delhi: A new industry study has highlighted that India’s current cotton import duty structure could be affecting the global competitiveness of the country’s textile and apparel sector. The report points out that higher input costs for raw cotton are adding pressure on manufacturers, especially exporters who operate in highly competitive international markets where pricing plays a crucial role in demand. While the policy is…
MRF Reports 30% Surge in FY26 Consolidated Net Profit at Rs 2,426 Crore
Chennai, May 07: MRF Ltd. has announced a strong financial performance for the financial year ended March 31, 2026, reporting robust growth in both revenue and profitability. The company’s consolidated total income rose by approximately 11% year-on-year to Rs 31,654 crore, compared to Rs 28,570 crore in the previous financial year. Driven by improved operational performance and sustained market demand, consolidated profit before tax increased…
ITC Hotels Unveils “Moments Unscripted” Luxury Staycation Offer Across ITC Royal Bengal and ITC Sonar, Kolkata
Kolkata: ITC Hotels has announced a premium staycation offering titled “Moments Unscripted – A Luxurious Staycation Awaits”, designed to provide guests with an elevated and thoughtfully curated hospitality experience across its two iconic Kolkata properties — ITC Royal Bengal and ITC Sonar. The curated package invites guests to rediscover relaxation and indulgence through immersive luxury experiences, whether for a romantic escape, a family getaway, or…
Markets Open Higher on Global Peace Hopes; Sectoral Trends Mixed
Mumbai, May 7 (BNP): Indian equity markets opened on a positive note on Thursday, supported by improved global sentiment after reports of progress on a possible US-Iran peace framework. In early trade, the BSE Sensex rose nearly 380 points to touch an intraday high of 78,339, while the Nifty 50 gained over 90 points to trade above 24,400 levels. However, gains remained uneven across sectors.…