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.”

Razorpay, a known fintech company valued at, over a billion dollars has recently acquired BillMe, a startup based in Mumbai. BillMe specializes in invoicing and customer engagement.

Bain Capital, trading under the name BC Invsts intends to sell its ownership stake, in L&T Finance Holdings through block deals.

The Supreme Court ordered SpiceJet Chairman Ajay Singh to pay a $500,000 installment to Credit Suisse by September 22, as well as a $1 million defaulted sum.

the beleaguered edtech startup BJYU’S has given a repayment plan to its lenders. The education technology firm has promised to repay its whole $1.2 billion term loan in less than six months.

To raise money via an initial public offering (IPO), the government-owned Indian Renewable Energy Development Agency (Ireda) has submitted its draught red herring prospectus (DRHP) to the Securities and Exchange Board of India (Sebi).

Coinbase, a cryptocurrency exchange has announced that it will halt its services, for users based in India on September 25th. This decision is due to non-compliance with the standards set by authorities.

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

The Reserve Bank of India (RBI) is gearing up to launch a Central Bank Digital Currency (CBDC) pilot program for interbank transactions in the call money market by October.

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.

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.

During U.S. President Joe Biden’s visit to Hanoi, which has seen new AI and Boeing deals, executives from leading U.S. and Vietnamese companies in the semiconductor, IT, and aviation sectors gathered on Monday in an effort to create commercial alliances.