Apple preps push in India with shortlist for first retail store

Bengaluru: Apple Inc has finalised a shortlist of locations for its first retail store in India, according to people familiar with the plans, as the company redoubles its efforts in the world’s fastest-growing smartphone market. The iPhone giant has zeroed in on several upscale sites in Mumbai, and plans to make a final decision in […]

Drake & Scull to cut debts, close subsidiaries in turnaround plan

Dubai: Negotiate with banks to reduce debts and close non-performing subsidiaries represent parts of the restructuring plan that Drake & Scull International has put to its shareholders. But there is nothing so far about a new capital infusion from its main shareholder or some other way to inject funds to oversee operations. All that DSI […]