Bribe locally, fundraise globally. That pretty much sums up the business ethos of billionaire Gautam Adani as laid out by US prosecutors.
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Regulators worry that undisciplined and inexperienced investors are taking on way too much risk in the country’s overheated stock markets.
The Swiss bank UBS reportedly wants in on the wealth market in India and is considering buying a stake in a local firm to give it a foothold.
Antitrust regulators in India flagged Disney’s $8.5 billion merger with Reliance for competition concerns in cricket broadcast rights.
As the global market becomes increasingly competitive, Apple has turned toward India as a way to diversify its revenue stream.
India’s warm welcome to AI firms sets it apart from other large economies with slightly more restrictive regulatory approaches.
A $721 million loss from equity investments in other companies pulled the entire company down to an overall loss of $654 million.
The chatbot’s new restrictions apply to countries that will be holding top elections this year.
The new regulations follow a dustup between US-based short-seller Hindenburg Research and Adani Group.
Maersk announced all vessels due to sail through the Red Seas will be rerouted around Africa following attacks from Yemeni rebels.
On Monday, Chevron said it would acquire energy player Hess for $53 billion. It’s the latest megadeal in a wildly active industry this month.
The EU plans to launch an antitrust probe into China’s domestic subsidies for steelmakers, the Financial Times reported on Tuesday.
High-profile lawsuits and SEC investigations over cash sweeps have taken the industry by storm.
Spurred by “the rise of Chinese power,” Japanese automakers Honda and Nissan announced Monday that they are in talks to merge.
The secret ingredients to Lego’s success? A clutch of licensing deals and finding ways to sell Lego sets to kids well over the age of 30.