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ADNOC and Abu Dhabi’s TAQA secure financing for $2.2 billion water project-thumnail

ADNOC and Abu Dhabi’s TAQA secure financing for $2.2 billion water project

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company (TAQA) are the nation’s two largest oil companies.

Business

Sep 25, 2023

The SoftBank Corp. will raise more than $800 million through bonds-like class shares-thumnail

The SoftBank Corp. will raise more than $800 million through bonds-like class shares

SoftBank Corp. will decide as early as Monday whether to raise up to 120 billion yen (S$1.1 billion) through Japan’s first IPO of bond-type class shares.

Business

Sep 25, 2023

In an effort to prevent China from benefiting from $52 billion in funds for chips, the US finalises rules-thumnail

In an effort to prevent China from benefiting from $52 billion in funds for chips, the US finalises rules

The U.S. Commerce Department is releasing final regulations on Friday to stop China and other nations that are considered to be a threat to American national security from using subsidies for semiconductor manufacture.

Investment & Funding

Sep 22, 2023

As India pushes local manufacturing, Xiaomi supplier Dixon Tech will open a smartphone plant-thumnail

As India pushes local manufacturing, Xiaomi supplier Dixon Tech will open a smartphone plant

Dixon Technologies India Ltd., a supplier to Xiaomi Inc., plans to open a sizable new plant on the outskirts of New Delhi as India encourages Chinese tech companies to work with local assembly partners.

Business

Sep 15, 2023

Early-stage VC firm Kae Capital closes its Winners Fund II (KWF II) by raising $50 Mn-thumnail

Early-stage VC firm Kae Capital closes its Winners Fund II (KWF II) by raising $50 Mn

Kae Capital, an e­arly-stage venture capital firm, has successfully closed its Winners Fund II (KWF II) with a total of $50 million (INR 410 crore) in funding.

Investment & Funding

Sep 14, 2023

Investing in Inclusion: Spring’s Acquisition of Future Capital Reshapes Canada’s Financial Landscape-thumnail

Investing in Inclusion: Spring’s Acquisition of Future Capital Reshapes Canada’s Financial Landscape

Spring Activator (Spring), a forerunner in Canada’s beginning phase influence effective financial planning environment, declares the procurement of Future Capital, the learning and contributing stage worked for underrepresented beginning phase financial backers.

Investment & Funding

Sep 13, 2023

Funding: VC firm Vertex Ventures Southeast Asia and India raises $541 million in its fifth fund-thumnail

Funding: VC firm Vertex Ventures Southeast Asia and India raises $541 million in its fifth fund

Vertex Ventures Southeast Asia and India has achieved a fundraising round securing $541 million for its fund.

Investment & Funding

Sep 12, 2023

In Singapore, GlobalFoundries opens a fabrication plant worth $4 billion-thumnail

In Singapore, GlobalFoundries opens a fabrication plant worth $4 billion

GlobalFoundries, a contract chip manufacturer with its headquarters in the United States, announced Tuesday the opening of its $4 billion expansion manufacturing unit in Singapore, anticipating “growth in demand for essential semiconductor chips.”

Business

Sep 12, 2023

Fintech startup Perfios to raise from Kedaara Capital investment of $229 Mn-thumnail

Fintech startup Perfios to raise from Kedaara Capital investment of $229 Mn

Fintech startup Perfios, based in Bengaluru has recently secured an investment of $229 million, in its Series D funding round.

Business

Sep 11, 2023

Tesla Supercomputer could boost market cap of EV maker by $600 billion- Morgan Stanley-thumnail

Tesla Supercomputer could boost market cap of EV maker by $600 billion- Morgan Stanley

Tesla’s (TSLA.O) Dojo supercomputer could propel a spike in the market value of the automaker of up to $600 billion, according to Morgan Stanley analysts.

Business

Sep 11, 2023

BMW will invest $750 million in UK plants to take Mini electric-thumnail

BMW will invest $750 million in UK plants to take Mini electric

After years of uncertainty relating to Brexit, Britain’s auto industry received a new boost on Monday when BMW (BMWG.DE) announced it would invest 600 million pounds ($750 million) at its UK plants to convert its iconic Mini brand to all-electric by 2030.

Automotive

Sep 11, 2023

Blue-collar staffing platform Smartstaff receives strategic investment from Persol-thumnail

Blue-collar staffing platform Smartstaff receives strategic investment from Persol

Persol, a leading APAC HR services provider, has strategically invested in Smartstaff, a blue-collar staffing platform, aligning with their focus on the Indian market. Smartstaff offers comprehensive staffing, recruitment, and

Business

Sep 11, 2023


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