Chinese carmaker BYD faces Indian tax investigation – sources
New Delhi (Reuters) – Chinese automaker BYD (002594.SZ) faces an ongoing Indian investigation over allegations that it paid too little tax on
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Adani-owned Ambuja Cements to acquire majority stake in India’s Sanghi -sources
New Delhi (Reuters) – India’s Ambuja Cements (ABUJ.NS) has reached a deal to acquire a majority stake in operations of Sanghi Industries (SNGI.NS),
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Amazon to invest $7.2 bln in Israel, launches AWS cloud region
(Reuters) – Amazon.com (AMZN.O) said on Tuesday it is planning to invest about $7.2 billion through 2037 in Israel, and launched its
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Walmart buys out $1.4 billion Tiger Global stake in India’s Flipkart, Wall Street Journal reports
(Reuters) – Walmart (WMT.N) has taken further control of the Indian e-commerce firm Flipkart by buying out hedge fund Tiger Global and
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India’s Bharti Airtel prepays $976 mln to partly clear spectrum dues
Bengaluru (Reuters) – Indian telecom operator Bharti Airtel (BRTI.NS) said on Monday that it has prepaid 80.24 billion rupees ($976 million) to
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Foxconn unit to sign $194 mln components plant deal with India’s Tamil Nadu-source
Chennai (Reuters) – A Foxconn (2317.TW) unit will on Monday sign an agreement with India’s Tamil Nadu state to build a new
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India’s private lenders grab brisk business at the cost of soaring attrition
Mumbai (Reuters) – India’s private lenders are contending with soaring attrition amid strong demand for loans and the rush to
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Gulf central banks raise key interest rates by 25 bps, mirroring Fed
Cairo/Dubai (Reuters) – Most Gulf central banks increased their key interest rates on Wednesday after the Federal Reserve raised rates
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Foxconn unit in talks for $200 mln components plant in India’s Tamil Nadu -sources
Chennai (Reuters) – A Foxconn (2317.TW) subsidiary is in talks with India’s Tamil Nadu state to invest up to $200 million to
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India’s Tata Steel CEO says prices to ease in Q2
New Delhi (Reuters) – India’s Tata Steel Ltd (TISC.NS) expects lower steel prices in the July-September quarter in India and Europe, aided
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