Abu Dhabi / WAM The Catalyst, a startup ‘accelerator’ initiative between Abu Dhabi’s renewable energy company (Masdar), and the international oil and gas company (BP), was relaunched at Abu Dhabi Sustainability Week (ADSW 2018), and is now accepting applications from local and international entrepreneurs. Based at Masdar City free zone in Abu Dhabi, the Catalyst is the region’s first sustainability-focused ...

Bloomberg India slashed tax rates on some goods and services just days ahead of the country’s budget, as it continues to rationalise its six-month-old regime to ease the pain for businesses hit by its chaotic roll out. A panel of federal and state finance ministers decided to revise GST rates on 29 goods and 53 services, Finance Minister Arun Jaitley ...

Bloomberg Moody’s Investors Service estimates Jio, the mobile carrier run by India’s richest man, may invest as much as $23 billion on capital spending over three to four years as it expands beyond wireless services. Reliance Jio Infocomm Ltd.’s parent Reliance Industries Ltd. has already spent more than $31 billion to break into India’s mobile-phone market. The 2016 upstart, known ...