Business News ( English Version)

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  • Elon Musk must face fraud lawsuit for disclosing Twitter stake late October 3, 2023
    Elon Musk has been ordered by a US judge to face a lawsuit claiming that he defrauded former Twitter shareholders by not disclosing his investment in the company. The judge stated that shareholders in the proposed class action could try to prove that Musk intended to defraud them. The judge dismissed an insider trading claim against Musk.
  • ‘Considering hotels in India with interest:’ Jumeirah Group CCO October 3, 2023
    Dubai-based Jumeirah Group is “considering” having hotels in India, one of the key source markets for its current portfolio of 27 luxury properties globally. Their brand recall can be gauged from the fact that almost no Indian family’s holiday in Dubai is complete without their picture at Burj Al Arab, which is a Jumeirah property, and Burj Khalifa.
  • US job openings unexpectedly rise in August October 3, 2023
  • PayU India CEO Anirban Mukherjee promoted to global CEO October 3, 2023
    Anirban Mukherjee, the CEO of PayU India, has been promoted to the position of global CEO as part of the company's shift towards an India-focused strategy. In his new role, Mukherjee will report directly to the interim CEO of Prosus and Naspers. Laurent Le Moal, the previous global CEO of PayU, will step back from operational management but remain with […]
  • Uganda Airlines announces commencement of its India operations October 3, 2023
    Uganda Airlines has announced the launch of a new direct service between Mumbai and Entebbe, Uganda, starting from October 7. The service will operate three times a week on an Airbus A330-800 neo aircraft, offering a three-class configuration. This will be the first non-stop air service connecting India and Uganda in over 50 years.