Tag: Asia

India gets Asia’s longest and world’s fifth longest High Speed Track for automobiles

NEW DELHI:India’s Heavy Industries and Public Enterprises Minister Prakash Javadekar today inaugurated NATRAX- the High Speed Track(HST) in Indore which is the longest such track in Asia. NATRAX, developed in an area of 1000 acres of land , is a one stop solution for all sorts of high speed performance tests for widest categories of […]

When and which COVID-19 vaccines are likely to be available in Asia

NEW DELHI: Pfizer Inc with partner BioNTech SE, Moderna Inc and AstraZeneca Plc have released trial data this month showing their experimental vaccines are effective in preventing the disease. If regulators approve any of the vaccines in coming weeks, the companies have said distribution could begin almost immediately with governments around the world. But many […]

Asia”s largest spice mart loses flavour amid lockdown

NEW DELHI: The centuries old wholesale spice market, Khari Bawli, a paradise for spice connoisseurs and dealers, and nightmare for those who dread crowd, wore a deserted look on Monday with barely 10-12 shops open and no buyers around. In normal days, business continues amid chaos caused by carriages parked in the middle of road, […]

Bharti Airtel raises $750 million from investors based in Asia, Europe and US

NEW DELHI: Telecom operator Bharti Airtel on Wednesday said it has raised $ 750 million (about Rs 5,330 crore) from investors based in Asia, Europe and the US through a hybrid financial instrument. Bharti Airtel said in a statement that “its wholly-owned subsidiary Network i2i Limited, has priced … offering of $ 750 million 5.650 […]

TerraPay expands footprint in Asia, partners with Pan Asia Bank

NEW DELHI: TerraPay, the world’s first mobile payments switch for international remittance has partnered with Pan Asia Bank which enables TerraPay’s network partners to make instant cross-border money transfer to all bank accounts in Sri Lanka. This means, Sri Lankan migrants worldwide through TerraPay’s partner outlets/website/mobile-app can send money to their family and friends back […]

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