Search For "billion"
Ashita Group Secures USD 155M in Growth Capital from CPFam-LDA Asia Growth
Updated : 10 months ago IST
Kuala Lumpur [Malaysia], May 22: Ashita Group, a rising leader in the B2B2C, e-commerce, and social commerce sectors, proudly announces a transformative commitment of growth capital investment up to USD 155 million by CPFam-LDA Asia Growth Fund and AEI Capital Group into Ashita Group, as it
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Dubai real estate targets USD 10 billion in global private capital as mark
Updated : 10 months ago IST
Demonstrating the strength of the property market, a significant USD 10.3 billion in private capital is poised to flow into Dubai's residential real estate sector, according to a report by global property consultancy Knight Frank.
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Pakistan misses FY 2024-25 growth target, eyes USD 4.9 billion in external
Updated : 10 months ago IST
The Pakistani federal government has reportedly fallen short of its economic growth target for the fiscal year 2024-25, achieving a growth rate of just 2.68 per cent against a projected 3.6 per cent, as reported by ARY News on Tuesday, citing sources from Pakistan's National Accounts Committ
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Trump unveils USD 175 billion 'Golden Dome' missile defence plan for US
Updated : 10 months ago IST
Trump claimed the defence shield would integrate seamlessly with existing capabilities and be completed before the end of his second term.
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Foxconn to invest $1.5 billion in its India operations
Updated : 10 months ago IST
Apple supplier Foxconn is set to invest USD 1.5 billion in its India unit, Reuters reported, citing a company filing.
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Emirates Development Bank launches AED1 bn Emirates Growth Fund
Updated : 10 months ago IST
Emirates Development Bank (EDB) today announced the launch of the Emirates Growth Fund (EGF), a transformative AED 1 billion growth equity platform designed to accelerate the scale, resilience, and global competitiveness of UAE-based SMEs.
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UK High Court denies Nirav Modi's bail plea in PNB fraud case
Updated : 10 months ago IST
The UK High Court has rejected Nirav Modi's 10th bail application in the USD 1 billion Punjab National Bank fraud case. Indian authorities, including the ED and CBI, submitted strong arguments leading to the dismissal. Modi remains in UK custody as extradition proceedings continue.
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India's forex reserves hit 7-month high of $690.6 billion
Updated : 10 months ago IST
India's foreign exchange reserves (forex) rose USD 4.553 billion to USD 690.617 billion in the week that ended on May 9, official data released by the Reserve Bank of India (RBI) showed.
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Windstorm kills 4, injures dozens, causes massive damages across Nepal
Updated : 10 months ago IST
A powerful windstorm that swept across Nepal on May 17 claimed four lives and injured 28 others, according to Nepal Police. The storm caused widespread destruction of property and infrastructure, with damages estimated at over NPR 1.08 billion. Dozens of fire and lightning incidents were als
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"We shouldn't have taken this...," Byju Raveendran calls USD 1.2 billion t
Updated : 10 months ago IST
BYJU'S founder Byju Raveendran has admitted that one of the company's biggest mistakes was opting for a USD 1.2 billion term loan in 2021, despite having sufficient equity funding options.
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"Broke not broken," Byju Raveendran reveals all on company's rise, decline
Updated : 10 months ago IST
Byju's, once valued at USD 22 billion, has experienced a significant decline due to financial problems, regulatory issues, and legal battles.
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"Modi Govt buckled under US pressure": Jairam Ramesh questions IMF bailout
Updated : 10 months ago IST
Congress MP Jairam Ramesh on Saturday criticised the BJP-led central government for abstaining from voting in the International Monetary Fund (IMF) Executive Board meeting when it considered fresh loans of USD 1.3 billion to Pakistan, saying that the government buckled under US pressure.<
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