Qatar Financial News

Disney+ Hotstar has announced a new Tamil original called MY3 directed by M Rajesh starring Hansika Motwani, Shanthnu, Mugen Rao and Ashna Zaveri that will premiere on 15 September. Video streaming platforms are likely to offer 50-60% of the budgets to southern language content, with these programmes seeing much traction, accounting for 30% of OTT viewership, said industry experts.

The chief executive of THL, which operates a fleet of 7233 rental campervans and motorhomes, is backing the push to open Australia to more competition from international airlines such as Qatar Airways.

Transport Minister Catherine King has promised to deal with anti-competitive behaviour by airlines at the country’s largest airport “shortly”, after releasing a report into aviation that acknowledges competition concerns but provides little in the way of solutions.

On Tuesday, amid mounting pressure, Qantas chief executive Alan Joyce announced he was stepping down, handing over the reins to Vanessa Hudson two months earlier than expected.

Qatar Investment Authority (QIA) for around 1 per cent stake in Reliance Retail Ventures Ltd (RRVL), the retail arm of billionaire Mukesh Ambani-led group.

Transport Minister Catherine King says she does not recall being lobbied by former Qantas boss Alan Joyce before she blocked more Qatar Airways flights, which the Coalition says commercially benefited Qantas.

Former Morrison government transport minister Michael McCormack had competition concerns at the front of his mind in 2018 when he set limits on Qatar Airways expanding in Australia.

Louis van Gaal, the former Netherlands coach, has alleged that FIFA World Cup 2022 may have been manipulated to favour Lionel Messi-led Argentina. Van Gaal was at the helm of the Dutch team during the 2022 World Cup in Qatar, where Argentina eliminated the Netherlands via a penalty shootout in the quarter-finals, as per reports. During an interview at the Eredivisie Awards 2022/23 gala, Van Gaal expressed his concerns, stating, «When you observe the behavior of Argentina and compare it to ours… some Argentinian players crossed the line and faced no consequences.» He went on to speculate, «That's why I believe there may have been a deliberate plan in place.» When the interviewer pressed him for further elaboration, the former Barcelona manager chose not to delve into specific details, reports stated. Meanwhile, Netherlands coach Ronald Koeman wants to see a tougher mental approach from his players after a disappointing start to his new tenure with the team this year. The Dutch have lost three of four games since Koeman replaced Louis van Gaal, including both matches at the Nations League finals which they hosted in June. They resume their European Championship qualifying campaign on Thursday with a Group B clash against Greece in Eindhoven before a trip to Dublin on Sunday to take on the Republic of Ireland. On the other hand, Inter Miami head coach Gerardo Martino talked about the approach they are willing to take in their upcoming games in the absence of their captain and ace forward Lionel Messi. The World Cup-winning Argentinian will be a notable absentee in their upcoming fixtures as Messi has been included in Argentina’s latest squad for the World Cup 2026 qualifiers against Ecuador and Bolivia.

Kotak Mahindra Bank: Uday Kotak on 1 September announced to step down as managing director and chief executive officer of Kotak Mahindra Bank, and with this, the baton was passed to Joint Managing Director at Kotak Mahindra Bank -- Dipak Gupta. Gupta will carry out the duties of the MD and CEO until 31 December, which is subject to the approval of the RBI and the members of the bank.

Readers of The Australian Financial Review believe the federal government has failed to provide a satisfactory explanation for blocking Qatar Airway’s application to put on more international flights to Australia – a move that favours Qantas.

Indian Air Force aircraft performed air-to-air refuelling of Egyptian Air Force Aircraft on Sunday. The IAF IL-78 air-to-air refuelling aircraft took part in the ongoing Bright Star-23 Exercise in Egypt. Sharing the photos of the air-to-air refuelling on X, formerly Twitter, IAF said, “Showcasing the bonds of friendship in the skies over Egypt during Exercise Bright Star, where the Indian Air Force IL-78 air-to-air refuelling aircraft refuelled aircraft from the Egyptian Air Force".

Qantas’ major superannuation investors have put the airline’s board on notice over the “significant damage to reputation” it has sustained in the past 12 months, saying they are scrutinising executive bonuses this year.

The All India Football Federation announced on 2 September announced that Bhubaneswar and Guwahati will host India's opening two home matches in the FIFA World Cup 2026 and AFC Asian Cup 2027 Preliminary Joint Qualification Round 2. India have been drawn in Group A of the Asian qualifiers, alongside Qatar, Kuwait, and the winners of the Preliminary Joint Qualification Round 1 fixture between Afghanistan and Mongolia.

NEW DELHI/SYDNEY : Indian billionaire Mukesh Ambani's Reliance Retail Ventures is in advanced talks with global investors to raise around $2.5 billion by the end of September, ahead of a potential stock market listing, people familiar with the matter told Reuters. Three sources said the target fund raise of $2.5 billion is part of a combined $3.5 billion target the firm has set for itself, a part of which - $1 billion - came from Qatar Investment Authority (QIA) and was announced last month.

By Rachna Uppal

Janine Craig says she will never fly Qantas again after the airline cancelled her flight from the US 24 hours before departure and left her to battle through a two-day travel nightmare to get home.

Qantas, Jetstar and Virgin took advantage of smaller rivals and overseas carriers relinquishing their landing slots at Australia’s largest airport during the pandemic, soaking up more than 500 new slots at Sydney Airport compared to 2019, according to previously unreported data.

NEW DELHI : Cathay Pacific Airways Ltd is targeting air freight contracts from large multinationals such as Apple Inc. and Foxconn that are expanding manufacturing in India, a top official at the Hong Kong-based airline said. “We are already significant carriers for these companies through their forwarders out of the southern part of China.

The head of big bank ANZ has said the federal government’s intervention in blocking Qatar Airways flights to keep the national carrier Qantas profitable was “disturbing”.

Virgin Australia chief executive Jayne Hrdlicka said allowing more competition from Qatar Airways would slash overseas fares by up to 40 per cent.

retail business will be the fastest growing segment for Reliance Industries in the days to come, chairman Mukesh Ambani said on Monday. Reliance has invested $10 billion for the expansion of the retail business in the past two years. Addressing shareholders in the company's 46th annual general meeting held virtually, Ambani said as «India grows from a $2,500 per-capita economy to a $10,000 per-capita economy, Reliance Retail will be our fastest-growing business in revenues and Ebitda.» Ebitda is earnings before interest, taxes, depreciation and amortisation, or the operating profit. Based on the latest investment by sovereign wealth fund Qatar Investment Authority in Reliance Retail, the valuation of the business has touched ₹8.28 lakh crore.