The Adani Group company Adani Ports and Special Economic Zone Ltd. reported record cargo volumes of 34 MMT in July of this year, a 7% increase year over year (YoY).

Mahindra & Mahindra Ltd. (M&M) said that Temasek, a worldwide investment corporation, will invest ₹1,200 crore in Mahindra Electric Automobile Ltd. (MAEL), its subsidiary for electric vehicles.

The recent announcement, by the government restricts the import of laptops, tablets, and computers allowing imports. There are some exceptions though. Individuals can import one item through channels and for research and development purposes up to 20 items per shipment are allowed.

Tenstorrent, a Canadian firm, has received $100 million in financing from Hyundai, Samsung, and Kia to challenge Nvidia’s supremacy in AI chip supply.

Singapore’s largest bank, DBS Group, has announced a remarkable 48% surge in its second-quarter profit, beating forecasts and setting a new record.

Nykaa, a major Indian cosmetics-to-fashion retailer, has seen several key executives, including the Chief Marketing Officer, resign amidst heightened competition in the rapidly growing sector. Nykaa’s founder takes direct oversight,

In previous quarters, analysts have expressed concern about PayPal’s underwhelming margins. The company’s low-margin business goods have risen rapidly, but branded product growth has stalled owing to rising competition from

KKR, an equity firm has recently acquired a significant ownership interest, in LEAP, which is India’s top pallet pooling platform. LEAP provides a range of services.

Ambuja Cements has made an acquisition of Sanghi Industries Ltd for Rs 5,000 crore. The acquisition was funded internally. This has allowed Ambuja Cements to secure a controlling stake of 56.74%.

The iPhone manufacturer estimated the entire amount of deposits at around $10 billion in a news release on Wednesday. According to Apple, that money accumulated throughout the roughly 3.5 months that Apple Card customers had the option of opening them.

As to a Bloomberg article that used statistics from the Centre for Monitoring Indian Economy (CMIE) for the month of July, the overall unemployment rate decreased to 7.95% in July from 8.45% in June.

Sources claim that Arm Ltd. a division of SoftBank Group Corp. that specialises in semiconductors, plans to go public as early as September with a valuation of $60 billion to $70 billion, signalling a bright outlook for chips including artificial intelligence.