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.

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.

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.

Nirma, a manufacturer of soap and detergent products is looking to secure funding of, up to Rs 7,000 crore. This capital infusion will be utilized for expanding its manufacturing facilities and exploring acquisition opportunities. Glenmark Life Sciences has been identified as one of the companies being considered for bids. The objective, behind this move, is to broaden Nirma’s business portfolio by venturing into the healthcare sector. This decision is supported by Nirma’s performance and strong cash flow generation.

The American chipmaker Advanced Micro Devices announced on Friday that it will spend $400 million in India over the following five years and that Bengaluru will become the site of its largest design facility.

Kapture CX, a platform that automates customer experience recently secured $4 million, in funding. The investment was led by Cactus Venture Partners.

In order to support investment in deep technologies deemed essential to the nation’s national interests, Main Sequence, the venture capital firm formed by Australia’s national research agency, raised A$450 million

Reportedly a company affiliated with the Mahindra Group has made a move by acquiring around 4% ownership, in RBL Bank through trades on the market. It appears that they are

It has been reported that the Qatar Investment Authority is currently engaged in discussions, with Reliance Retail regarding an investment that could range from $950 million to $1 billion.

Aftermarket selling innovation subject matter experts, Partful, has gotten £2.4M in subsidies to speed up the improvement of its ‘detonating’ 3D parts SaaS stage – which is changing the business’

Nissan Motor Co. and Renault SA have reached a crucial agreement to invest in the electric-vehicle venture, Ampere, concluding lengthy negotiations to stabilize their troubled automotive alliance.