Mercedes-Benz is reportedly planning to assemble the electric variant of its S-class EQS sedan in India by the end of 2022. According to the head of the company's local unit, this step is part of a broader strategy
Category - Business News
Two of the world's most prominent buyout companies, Bain Capital and CVC Capital Partners, have reportedly announced to have joined forces and pursue a proposed multibillion-pound acquisition of Boots, the UK's
SK Pharmteco, the contract development and manufacturing organization of South Korean holding company SK Inc., is reportedly planning for a pre-initial public offering (IPO) this year. The announcement was supposedly m
Edison Motors, an automotive company based in the US, has reportedly sealed the deal to take over South Korean automobile manufacturer SsangYong Motor, as the latter faced bankruptcy.
ComfortDelGro Corporation, a Singapore-based transport operator, is reportedly set to acquire 90% of Ming Chuan Transportation through a S$8.6 million ($6.3 million) deal after entering a sale and purchase contract wit
Reliance Retail has led a USD 240 million worth funding round in Dunzo, a hyperlocal delivery firm backed by Google. The recent development echoes on Indian retail giant’s push into the instant commerce space, a
The electric cars sector reportedly recorded a booming sales period in the UK, despite facing tough market conditions, last year as manufacturers experienced disruption in global supply chains due to the pandemic.
Foxconn’s iPhone factory in India, where a mass food poisoning incident took place, is extending the week-long shutdown by three more days, as stated by a senior official for the state of Tamil Nadu.
Singapore-based Vertex Technology Acquisition Corporation, a special purpose acquisition company owned by Vertex Venture Holdings, has reportedly received an eligibility-to-list letter from SGX (Singapore Exchange).