Mark Zuckerbergs’ company Meta has recently introduced Threads, a new service that can be seen as a rival to Elon Musks’ Twitter. Just like Twitter. Threads permit users to share

Swiggy, a popular food delive­ry platform, is reportedly partnering with HDFC Bank to launch its own co-brande­d credit card. This move follows the footste­ps of other major Indian e-commerce­ players.

Carl Zeiss India has announce­d plans to invest more than 250 million euros in the­ creation of its largest vision factory in Bengaluru. This state­-of-the-art facility is expecte­d to be finished by October 2024 and will bring re­markable advancements in le­ns production, with a potential sixfold increase. Its daily output alone­ will reach an impressive 260,000 le­nses.

Confidential area loan specialist HDFC Bank on Wednesday posted its June quarter update for both independent business and the combined element. The bank’s independent business saw a development of almost 16% in progress while consolidated substance’s — HDFC Bank + HDFC — propels have risen by in excess of 13% year-on-year.

Japanese firms have offered the most significant pay increases in thirty years during this year’s negotiations with workers, according to the country’s largest trade union group, Rengo.

Kailash Katkar, the founder and outgoing CEO of the cyber security company, will become chairman and managing director after Vishal Salvi assumes leadership.

Czech tycoon Daniel Kretinsky expanded the size of his proposed value interest in Club Guichard-Perrachon SA as he contends with a triplet of French business chiefs to assume command over the obligation-loaded French store administrator.

JM Financial aims to secure a final close of the fund, including co-investments, at around ₹1,500 crores. As a testament to its confidence, the group has invested 10% of the capital as a sponsor commitment into the fund. The fund will primarily provide lending for scenarios where traditional banks face limitations, such as domestic acquisitions or partner buyouts.

Tushar Vashist, the creator and CEO of HealthifyMe, spoke with Mint about the company’s IPO prospectus, AI-based nutritionist Ria, future expansions, and his forthcoming musical event.

In its relentless pursuit of greatness, Rebel Foods aspires to construct a formidable $100 Mn food delivery empire within the Saudi market over the next three years. As part of this ambitious strategy, the company plans to inaugurate an additional 60 stores in Riyadh alone, while simultaneously expanding its footprint to encompass other prominent cities such as Jeddah, Dammam, and Khobar.

India’s manufacturing sector continues to flourish, experiencing robust demand both domestically and internationally, providing a strong foundation for its growth trajectory.

Asia’s Factory Activity experienced a slump in June, according to business surveys released on Monday. The outlook for the region’s exporters was clouded as demand in China and advanced nations remained sluggish, leading to a contraction in manufacturing activity in Japan and South Korea, while China saw marginal expansion. These surveys highlight the toll that China’s weaker-than-expected rebound from COVID-19 lockdowns is taking on Asia’s economy.