According to the two firms, defence startup Mach Industries has raised $5.7 million in a seed round led by Sequoia Capital, marking the first-ever investment in defence technology in the company’s history.

Foxconn, well known as the manufacturer of the iconic Apple iPhone, is reportedly planning to join the Indian market for the production of electric vehicles (EVs). According to Foxconn’s annual

China’s Economy recovered from the COVID-19 pandemic hit a stumbling block in May, as industrial output and retail sales growth fell short of expectations. The slowdown in the second quarter has prompted the country’s central bank to cut key interest rates for the first time in nearly a year, with further cuts anticipated. Analysts are expressing concerns over a potential economic double dip and are revising their GDP growth forecasts for 2023 and 2024.

Reports that Spandana Sphoorty Financial’s largest shareholder, Kedaara Capital, is in discussions to sell its shareholding to YES Bank are denied by the company. On Thursday, Spandana Sphoorty Financial denied

Santander, the Spanish bank, has announced the appointment of Pedro Castro e Almeida as the regional head for Europe, highlighting the region as a key driver for future growth. Castro e Almeida will be taking over from Antonio Simoes, who has been selected as the new CEO of Britain’s Legal and General Group.

In recent days, there has been a surge in bullish options trades on several US-listed Chinese exchange-traded funds (ETFs).

Due to its “high level of transparency,” ESG rates AGEL in the “Prime” B+ band. According to Institutional Shareholder Services ESG on Thursday, Gautam Adani-led Adani Green Energy Limited (AGEL) is among the top 10 RE businesses globally for ESG performance and topped the list of Asian companies in the sector.

ChrysCapital has invested $100 million in Lenskart, the two companies said Thursday, bringing the Asian eyeglasses startup’s total funding raised in the last year to $850 million as it extends its portfolio and worldwide reach.

According to two insiders, if the transaction is completed, it will become the largest procurement of road projects by the private equity (PE) firm, headquartered in the United States, in

Alphabet’s Google may be forced to sell a portion of its profitable ad tech division to resolve anti-competitive concerns, EU authorities warned on Wednesday, threatening the corporation with its toughest regulatory penalty yet.

Sonam’s return will commence with two top-tier projects that are currently shrouded in secrecy. YRF Talent has stated that they will collaborate with Sonam to devise a disruptive brand identity

The US Federal Reserve clings to crucial interest rates but implies future rate booms to curb towering inflation. F