Divine Lifestyle
Investment banks in the Middle East enjoyed a transformative 2025 with record-breaking Sukuk issuances and high-profile IPOs. In 2025, the Middle East’s investment banking landscape was defined by an increase in strategic transactions, as companies and governments alike sought to capitalize on post-pandemic growth, energy diversification and capital markets reforms. As Middle Eastern countries accelerate…
in conversation with business standardMaruti Suzuki Chairman RC Bhargava said the rampup will include production of 250,000 cars at its Kharkhoda plant in Haryana and another 250,000 cars at its Gujarat plant. This will be done gradually, with production numbers expected to reach 500,000 by the end of FY27. Bhargava pointed out that these factories…
Allana Group, one of India’s largest private food companies and a leading meat exporter, has joined hands with Captain Fresh, a major Indian player in the seafood market, to open approximately 4,000 retail stores across India over the next four years. In the joint venture (JV) called Indian Retail Alliance Private Limited (IRAPL), Allana Group…
Rob Lyon, co-head of investment banking at Rand Merchant Bank, which won the Best Investment Bank in Africa award, explains Africa’s opportunities to become a global investment hub. Global Finance: What does the African deal-making landscape look like, and how do you see it evolving? Rob Lyon: Africa’s deal-making landscape is marked by cautious optimism….
Manchester City recorded a vital 2-1 win over Arsenal at the Etihad Stadium on Sunday, tightening the Premier League title race and reducing the gap at the top to just three points. Despite the defeat, Arsenal remain league leaders, but City’s win adds significant pressure heading into the final stages of the season, especially as…
Thanks to the new international land-sea trade corridor, trade and economic cooperation between inland China and Southeast Asia is growing rapidly. China’s new International Land-Sea Trade Corridor (new ILSTC) is a key component of the Belt and Road Initiative (BRI), linking western inland areas with global sea routes and – hopefully – increasing connectivity with…
Punjab Kings performed brilliantly and defeated Lucknow Super Giants by 54 runs in a high-scoring IPL match on Sunday. On the back of a sensational batting performance, Priyansh Arya grabbed the headlines with a explosive inning of 93 runs in just 37 balls, while Cooper Connolly played a stylish inning of 87 runs in 45…
TVS Supply Chain Solutions has settled its debt dispute with ZTE Telecom India and withdrawn its appeal in NCLAT against the order dismissing insolvency proceedings against the telecom gear maker. Earlier this week, counsel for TVS Supply Chain informed the National Company Law Appellate Tribunal (NCLAT) about the settlement and requested to withdraw the appeal….
Iran reversed its decision to reopen the Strait of Hormuz and opened fire on a tanker attempting to pass through the waterway on Saturday. It also warned that it would continue to block transit through the strait as long as the US blockade of Iranian ports remains in effect. Confusion at the key chokepoint threatens…
Private sector lender ICICI Bank reported 8.49 per cent net profit growth in the January-March quarter of FY26 (Q4 FY26) on a year-on-year (YoY) basis to ₹13,701.68 crore from ₹12,629.58 crore in Q4FY25, driven by healthy growth in income and a sharp decline in provisions. The bank’s net interest income (NII) for the quarter rose…
