Tamil Nadu chief minister Edappadi K. Palaniswami signs seven Memoranda of Understanding in Dubai

Dubai: Tamil Nadu Chief Minister Edappadi K. Palaniswami, in a bid to boost Make in India through Make in Tamil Nadu, has signed seven Memoranda of Understanding during his whirlwind tour of UAE, totalling Rs42 billion (Dh2.15 billion) in investments. Enhancing the trade partnership between the UAE and India further, Tamil Nadu has attracted several […]

Nissan’s chief investigator into CEO Saikawa’s pay is resigning

Tokyo: The senior manager at Nissan Motor Co. who led the probe into excess compensation for chief executive officer Hiroto Saikawa and other executives is resigning, people with knowledge of the matter said, the latest sign of chaos engulfing the Japanese automaker’s top ranks. Christina Murray, Nissan’s vice-president in charge of audit and compliance, will […]

World Bank CEO Georgieva sole candidate to lead IMF

Washington:  A top executive at the World Bank faces no opposition in her candidacy to lead the International Monetary Fund, the fund announced Monday. Kristalina Georgieva of Bulgaria, currently the bank’s chief executive officer, is all but guaranteed to replace former Managing Director Christine Lagarde, who has been named to lead the European Central Bank.

Dubai: A strategic investment haven for health investors

Aiming to become a global platform for knowledge-based, sustainable and innovation-focused businesses, Dubai aims at having 34 indigenous pharmaceutical manufacturing factories by 2020. The market value of the city’s pharmaceutical industry is set to go up to US$6.8 billion by 2025 whereas it stands at US$1.6 billion currently. Through the development of its knowledge economy, […]