The $232bn fund is looking at India, China and Southeast Asia for potential investments
The cuts were widespread across the region from South Asia and Southeast Asia to some parts of North Asia
The deal comes days after the emirate’s Mubadala Investment spent $1.2bn on a 1.85 per cent stake in Jio
Facebook invested $5.7bn in Jio in April for a roughly 10 per cent stake
India began its ‘Mission Vande Bharat’ earlier this month to repatriate its nationals stranded abroad
In the next phase, 81 repatriation flights will be operated from May 26 until June 4
The embassy said the service will resume after initial registrations have been accommodated
Facebook last month agreed to pay $5.7bn for a 10 per cent stake in the digital unit
The move comes as the UAE has boosted capacity by opening new field hospitals across the country
The flights, operated by Air India Express, headed to Kerala in India
There will be 10 Air India flights organised from Dubai, Sharjah and Abu Dhabi to India from May 7-13
India will begin repatriating nationals stranded abroad in a phased manner beginning from May 7
Citizens will be transported via aircraft and naval ships and will be quarantined for 14 days upon arrival at their destination in India
Officials said the decision on resumption of passenger flights to India “will be taken in due course”
The order applies to local and foreign airlines
It has decided to defer for four weeks all petitions brought before it related to repatriation of Indians stranded in various countries abroad
India banned all international commercial passenger aircraft starting March 22
It has given a 72-hour period for its citizens and residents from the countries on the list to return to the kingdom
In August, Reliance valued its oil-to-chemicals division at $75bn including debt, implying a $15bn valuation for a 20 per cent stake
The Reserve Bank of India (RBI) left the repo rate at 8.00 percent, as expected by nearly all 43 economists surveyed for a poll published last week.
As remittances grows, Gulf Business investigates whether huge currency volatilities present a challenge or an opportunity for investors.
The Dubai-based airline also supports over 72,000 jobs in India through its operations, says study.
Amazon launched a Kindle store in India and is set to sell the Kindle e-reader.
With a combined GDP of over $9 trillion, China and India were poised to offset slower growth in the West, but recent developments have proved otherwise.
The Indian carrier will also resume services to Kuwait and Bahrain from Kochi in its winter schedule.
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