News & Events

Happy Saint Lucia Independence Day! Saint Lucia Day (National Day) marks the beginning of the Christmas season. On the Eve of St. Lucia’s Day, a grand festival of lights will be held in Castries, the capital of the island. The day also includes a competition to decorate lanterns and fireworks.

Indian billionaire, Mukesh Ambani’s Reliance Industries Ltd., along with Assets Care & Reconstruction Enterprise Ltd. to bid for a bankrupt Indian textile firm Sintex Industries Ltd. According to reports, Sintex provides fabric to global fashion brands like Armani, Hugo Boss, Diesel and Burberry. In an attempt to diversify from an oil empire and into telecommunications, green energy and fashion, Reliance has recently acquired marquee Bollywood brands and assets abroad in recent years.

Read the original article here: https://www.business-standard.com/article/companies/mukesh-ambani-s-reliance-looking-to-buy-bankrupt-textile-firm-sintex-121121200290_1.html

Pakistan ranks third in the global cryptocurrency adoption index, derived from ordinary people’s volume of transactions and individual saving, calculated by Chain analysis. Pakistan’s index score was 0.36 ranks out of 1. India was a close second with an index score of 0.37. One of the leading cryptocurrency payment companies, Triple-A, predicted by the end of 2021, global crypto ownership would be over 3.9% which is around 300 million users globally.

Read the original article here: https://tribune.com.pk/story/2331906/pakistan-ranks-third-in-global-crypto-adoption-index