Search For "billi"
PureHealth posts AED 1.4 billion net profit in 9 months
Updated : 1 year, 6 months ago IST
PureHealth Holding announced strong financial results for the first nine months of 2024, posting AED 1.4 billion in net profit--a 13 per cent increase year-on-year. Revenue surged by 56 per cent to AED 19 billion, driven by increased patient demand and strategic acquisitions, including Sheik
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MBZUAI releases Nanda giving over half a billion Hindi speakers access to
Updated : 1 year, 6 months ago IST
Abu Dhabi [UAE], October 31: Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) - the world's first graduate-level artificial intelligence (AI) university dedicated to research - has released Nanda, the world's most advanced open-source Hindi large language model (LLM).
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Global gold demand reaches record high value of over USD 100 billion
Updated : 1 year, 6 months ago IST
Investment demand for gold skyrocketed, more than doubling from the previous year to 364 tonnes. This surge was primarily fueled by a shift in demand for gold exchange-traded funds (ETFs) among Western investors, with global gold ETFs adding 95 tonnes--a notable rebound as this marked the fi
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EV makers set to invest USD 20 bn in South and Southeast Asia: S&P Glo
Updated : 1 year, 6 months ago IST
Claire Yuan, S&P Global Ratings credit analyst, said, "By our estimate, rated carmakers will be spending more than US$20 billion building electric vehicle [EV] production in South and Southeast Asia for the next few years. The expansion will likely enhance the business strength of some r
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TripFactory and NexusDMC Parent ORN Ventures Secures $50 Million in Series
Updated : 1 year, 6 months ago IST
Singapore, October 30: TripFactory, a leading global travel platform with a strong presence in India, has raised USD 50 million in Series A funding from a prominent International Corporate Group headquartered in India. This investment values the company at half a billion dollars.
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US-Taiwan Business Council announces support for USD 2 billion defence pac
Updated : 1 year, 6 months ago IST
The arms package, valued at USD 2 billion, is expected to include USD 1.16 billion for missile systems and USD 828 million for radar systems.
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OPEC Fund enhances global partnerships with substantial financing commitme
Updated : 1 year, 6 months ago IST
At the 2024 World Bank-IMF Annual Meetings, the OPEC Fund for International Development announced nearly half a billion dollars in financing commitments to partner countries, aligning with global development goals in energy, climate resilience, and socio-economic advancement.
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IPRS Sustains its Position as the 4th Largest Society by Revenue in the As
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], October 29: The Indian Performing Right Society Limited (IPRS) continues to solidify its position as one of the top four revenue-generating societies in the Asia-Pacific region, as indicated by the recently released CISAC Global Collections Report 2024. The repo
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India's education sector to drive over 4 billion sq. ft. real estate deman
Updated : 1 year, 6 months ago IST
The report emphasizes the sector's growth potential, with India's education market expected to reach a valuation of USD 313 billion by 2030, driven by supportive policy measures, increased urbanization, and the rise of private investments.
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Rising demand in real estate led the sector to raise Rs 135 billion IPOs i
Updated : 1 year, 6 months ago IST
The companies related to real estate sector raised nearly Rs 135 billion by IPOs from the markets in 2024, highlighted a report by Colliers, an investment management company.
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Global semiconductor market to grow strongly this year driven by AI demand
Updated : 1 year, 6 months ago IST
The global semiconductor market is on track to experience substantial growth in the coming years, with total revenue expected to reach USD 630 billion in 2024--a 19 per cent increase from the previous year.
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Adani Power's consolidated power sale volume in first half of FY25 up by o
Updated : 1 year, 6 months ago IST
Adani Power's consolidated power sale volume was at 46 billion units in the first half of 2024-25, up by 29.2 per cent from 35.6 billion units in the year-ago period.
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