Latest news with #USD125
India.com
21-06-2025
- Business
- India.com
This US company going to invest Rs 25000000000 in India for..., China and Pakistan in tension due to..., the company name is...
This US company going to invest Rs 25000000000 in India for…, China and Pakistan in tension due to…, the company name is… Amazon Investment in India: American e-commerce company Amazon on Thursday revealed its plan to invest over Rs 2,500 crore in India this year. The company is planning to expand its network in India so that its services can reach more and more people. Amazon's Plan In India According to Amazon, with the investment of Rs 2500 crore, the company is focussing on expanding its network and upgrading its services to deliver faster and reliable services. Technology and innovation is more advanced than before and the interest of the employees can also be improved. This investment will enhance the company's processing capabilities, upgrade its operational network, and improve its delivery infrastructure, ultimately providing customers with superior service. India's E-Commerce Market Growing Rapidly It is worth mentioning that Amazon announced the investment at a time when India's e-commerce market is growing rapidly. The market valuation in 2024 was USD125 billion, and it is estimated to reach USD550 billion by 2030. The market is also supported by the increasing number of internet users in India. E-commerce growth in the country is being fuelled by a younger generation increasingly embracing online shopping. This trend is expanding e-commerce beyond urban centers, into smaller towns and rural areas. Companies like Amazon, Flipkart and JioMart dominate India's e-commerce sector. India's e-business landscape has changed completely because of the investment of billions of dollars in the rapidly growing e-commerce market in recent years. However, this new investment by Amazon can prove to be a challenge for existing e-commerce players such as Flipkart and Meesho.
Economic Times
17-05-2025
- Business
- Economic Times
Why is Azim Premji getting into aviation?
Why Azim Premji is getting into aviation, a sector Warren Buffett shunned for long Azim Premji is leading a USD125 million funding round in Akasa. Just three years into its operations, what compelled the airline to raise fresh funds? More importantly, why is Premji investing in a loss-making airline with negative net worth? Is there something the tech billionaire is seeing in the airline business that others aren't? Despite losing market share, FONT SIZE SAVE PRINT COMMENT Refer & Earn
Time of India
14-05-2025
- Business
- Time of India
Why Azim Premji is getting into aviation, a sector Warren Buffett shunned for long
Aviation Why Azim Premji is getting into aviation, a sector Warren Buffett shunned for long After Rakesh Jhunjhunwala, Wirpo's Azim Premji has made an entry in Akasa Air through his investment arm; Collage by Mohommad Arshad Synopsis Azim Premji is leading a USD125 million funding round in Akasa. Just three years into its operations, what compelled the airline to raise fresh funds? More importantly, why is Premji investing in a loss-making airline with negative net worth? Is there something the tech billionaire is seeing in the airline business that others aren't? It was 2008. The world was reeling from a never-seen-before financial crisis. Crude oil prices soared to a record high of USD147 a barrel on July 11 that year. IndiGo, then a three-year-old airline, found itself in a spot. While Kingfisher Airlines, led by Vijay Mallya, and Naresh Goyal's Jet Airways sought government bailouts, IndiGo co-founder Rakesh Gangwal considered selling the airline to Mallya. That deal, however, fell through when fellow Gift ETPrime to your friends Gift a Subscription Now, gift ETPrime subscription to your friend for Free! Gift this Story to your friends Gift a Story Share member-only stories with your friends or family and help them read it for free. FONT SIZE Abc Small Abc Medium Abc Large SAVE PRINT COMMENT Refer & Earn Continue reading with one of these options: Limited Access Free Login to get access to some exclusive stories & personalised newsletters Login Now Unlimited Access Starting @ Rs150 Rs120/month Get access to exclusive stories, expert opinions & in-depth stock reports Subscribe Now ET Uh-oh! This is an exclusive story available for selected readers only. Worry not. You're just a step away. Sign In to Read for Free Prime Account Detected! 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Sharjah 24
29-04-2025
- Health
- Sharjah 24
UAE President receives supporters, partners of Beginnings Fund
During the meeting, held at Qasr Al Bahr in Abu Dhabi, The Mohamed bin Zayed Foundation for Humanity – which operates under Erth Zayed Philanthropies chaired by H.H Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes' Affairs – launched the initiative during an event held at Kanad Hospital in Al Ain. The Mohamed bin Zayed Foundation for Humanity also announced a financial contribution of USD125 million to the fund and related initiatives.
Al Etihad
29-04-2025
- Health
- Al Etihad
UAE President receives supporters, partners of Beginnings Fund launched by Mohamed bin Zayed Foundation for Humanity
29 Apr 2025 21:16 ABU DHABI (WAM)President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received supporters and partners of the Beginnings Fund, an initiative which aims to improve maternal and newborn health and reduce mortality rates across Africa. The initiative was launched by the Mohamed bin Zayed Foundation for Humanity in collaboration with its the meeting, held at Qasr Al Bahr in Abu Dhabi, His Highness thanked the initiative's supporters and partners, noting that the programme embodies the UAE's longstanding commitment to healthcare across the African continent. He highlighted the country's belief that health is a cornerstone of development and reaffirmed its resolve to work with partners in advancing healthcare and tackling disease worldwide. The Mohamed bin Zayed Foundation for Humanity – which operates under Erth Zayed Philanthropies chaired by His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes' Affairs – launched the initiative during an event held at Kanad Hospital in Al Ain. The Mohamed bin Zayed Foundation for Humanity also announced a financial contribution of USD125 million to the fund and related initiatives.
