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.

Tesla Inc. Furthermore, BYD Co. set new deal standards in the subsequent quarter, augmenting their lead as the world’s top-selling clean automakers.

In 2023, India’s wearables market is predicted to overtake China as the largest in the world, supporting demand for smartwatches and other wearables at a time when North America and China are beginning to show symptoms of saturation due to macroeconomic headwinds.

In a surprising turn of events, it has been reported that the prominent fantasy gaming platform, Dream11, has managed to secure the lead sponsor rights of the highly revered Indian cricket team for a whopping sum of INR 358 Cr. 

This achievement follows a prior instance in January 2022 when Apple Inc. momentarily attained a $3 trillion market cap during intraday trading but narrowly missed sustaining it until the market closed.

Reliance Jio Infocomm is reportedly engaged in advanced discussions with several major global banks to secure a substantial offshore syndicated loan worth approximately $1-1.5 billion (Rs 8,200-12,330 crore). 

TalentSprint, an ed-tech startup, was bought in November 2020 by NSE Academy, a wholly-owned subsidiary of the National Stock Exchange. Since the acquisition, the Hyderabad-based company has performed admirably, surpassing the Rs 100 crore revenue mark in FY23.

On Wednesday, Microsoft CEO Satya Nadella said that keeping Activision games exclusive would “make no strategic sense” in response to antitrust worries that a proposed $69 billion merger of the two companies would unjustly consolidate power.

On Wednesday, Apple’s stock reached a record high and was just short of reaching a market capitalization of $3 trillion.

Fast Retailing, the parent company of Uniqlo, is attempting to establish a sizable manufacturing presence in India through 20 “production partners,” according to insiders who spoke to ET.