Search For "billion dollar"
Cash-strapped Pakistan requests another year to pay back Chinese loans
Updated : 4 years, 11 months ago IST
Islamabad [Pakistan], June 14 (ANI): A debt-ridden Pakistan has requested its all-weather ally China that it needs another year to pay back a billion dollars Islamabad had borrowed from Beijing last year.
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Pakistan's Gwadar loses shine as Saudis shift billion-dollar oil refinery
Updated : 4 years, 11 months ago IST
Karachi [Pakistan], June 14 (ANI): Saudi Arabia has decided to shift a planned USD 10 billion oil refinery to Karachi from Gwadar, the epicenter of the country's flagship China-Pakistan Economic Corridor, further highlighting the infrastructural deficiencies of the project in the port city.
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JBM, CESL sign MoU to set up electric mobility ecosystem
Updated : 4 years, 11 months ago IST
New Delhi [India], June 7 (ANI): JBM Renewables, part of the 2.2 billion dollar JBM Group, on Monday signed a memorandum of understanding with Convergence Energy Services Ltd (CESL), a wholly-owned subsidiary of Energy Efficiency Services Ltd (EESL), for setting up an integrated ecosystem fo
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Ahmedabad based start-up, Disruptium geared up to nurture and fund start-u
Updated : 4 years, 11 months ago IST
Ahmedabad (Gujarat) [India], June 3 (ANI/NewsVoir): Many potential billion dollar start-up ideas die early for the want of funds, appropriate Co-founding teams, access to network, lack of resources such as product, tech, marketing and growth.
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upGrad aims to close March 2022 at half a Billion-Dollar Revenue Run Rate
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 1 (ANI/BusinessWire India): upGrad, South Asia's largest online higher education company, in its recently held company meeting announced that it aims to close March'22 at half a Billion Dollar Revenue Run Rate.
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$414 billion in profits can be gained by using cloud for business growth:
Updated : 4 years, 12 months ago IST
Bengaluru (Karnataka) [India], May 26 (ANI): Blue-chip software major Infosys says six regions worldwide can add up to 414 billion dollars in net new profits annually for businesses through effective cloud adoption.
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Covid-19 support spurs ADB's record lending commitment to India
Updated : 5 years ago IST
New Delhi [India], May 20 (ANI): The Asian Development Bank (ADB) committed 3.92 billion dollars in sovereign loans for 13 projects to India in 2020, including 1.8 billion dollars in projects to support the government's coronavirus disease (Covid-19) pandemic response.
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ADB's net allocable income reaches $1.13 billion
Updated : 5 years ago IST
Manila [Philippines], May 10 (ANI): The board of governors at Asian Development Bank (ADB) has adopted a resolution to allocate 1.13 billion dollars in net allocable income from 2020 ordinary capital resources, the highest in ADB's history.
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Sustainability-linked debt rising as new asset class: S&P
Updated : 5 years ago IST
Singapore, April 30 (ANI): The issuance of sustainability-linked debt instruments will top 200 billion dollars this year due to burgeoning sustainability-linked loan market and growing popularity of sustainability-linked bonds, according to a report published on Friday by S&P Global.
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ADB's 2020 operations hit record high to aid COVID-19 response
Updated : 5 years ago IST
Manila [The Philippines], April 27 (ANI): The Asian Development Bank (ADB) committed a record 31.6 billion dollars in 2020 to help Asia and the Pacific swiftly tackle the coronavirus disease (COVID-19) outbreak; support a green, sustainable recovery from the pandemic; and address longer-term
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Despite imposing fine, Chinese authorities getting unsettled due to Alibab
Updated : 5 years, 1 month ago IST
Beijing [China], April 23 (ANI): Despite Chinese regulators slapping a record fine of 18.2 billion yuan (2.8 billion dollars) on Alibaba Group, authorities in the country are getting unsettled due to the growing influence of the e-commerce giant over media assets.
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Global airline industry losses to hit $47.7 billion in 2021: IATA
Updated : 5 years, 1 month ago IST
Geneva [Switzerland], April 22 (ANI): The International Air Transport Association (IATA) expects net airline industry losses of 47.7 billion dollars in 2021 with a net profit margin of minus 10.4 per cent.
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