The oversight body for civil aviation, the Directorate General of Civil Aviation (DGCA), fined IndiGo Airlines 30 lakhs and ordered them to update its policies and processes to comply with OEM standards.

Do you want to pursue entrepreneurship but don’t know where to begin? Franchise options provide a tried-and-true route to company success. You may access a well-known brand, a tried-and-true business

The opening of a tender offer for the firm, headed by Japan Industrial Partners (JIP), is anticipated to happen “sometime in August 2023,” rather than the originally anticipated late July timeframe, according to a statement released by Toshiba Corporation on Friday. 

On Friday, global shares experienced a momentary pause as investors carefully considered recent monetary policy actions taken by the Bank of Japan and inflation data from both sides of the Atlantic.

Following scrutiny from New Delhi over its investment proposal, China’s BYD informed its India joint venture partner that it would abandon plans for a new $1 billion investment to produce electric automobiles.

Wiom, a homegrown tech startup focusing on democratizing internet access in India, announced a Rs 140 crore Series A financing on Thursday.

In a striking move, JSR Corp (4185.T), a prominent manufacturer of photoresists crucial for chip fabrication, has astounded the industry with a momentous $6.4 billion agreement to go private, orchestrated by Japan Investment Corp, overseen by the trade ministry.

Silicon Power Group, a company plans to invest 10 billion rupees in the construction of a facility, in Odisha, India. The facility will produce silicon carbide for semiconductor components.

China Evergrande Group, a momentous property developer in the vast expanse of China, currently finds itself entangled in a daunting winding-up petition initiated by Top Shine Global Ltd in the vibrant city of Hong Kong.

Indonesia to Impose a regulation to safeguard the interests of small and medium enterprises by placing restrictions, on online sales of imported goods valued below $100. This measure will be applicable to both marketplaces and retailers operating on social media platforms. As the country’s e-commerce industry flourished, reaching a value of $59 billion in the year authorities are now working collaboratively to enforce these rules and anticipate potential effects, on the sector.

Capgemini, a French IT consulting firm, reported stronger half-year revenue on Friday, driven by its cloud, data, and artificial intelligence (AI) activities, and announced it will invest 2 billion euros ($2.19 billion) in AI over three years.

BPEA EQT, a known equity fund, with a focus on Asia, has recently agreed to purchase a significant 60% share in Indira IVF. Indira IVF is India’s leading provider of fertility services. Is considered a leader in IVF cycles. This acquisition values the company at $1.1 billion representing an investment, in the expanding Indian IVF industry.