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Detailed stories on technology startups, business and economic current affairs.
The Indian auto parts manufacturer will invest $12 million for a 60% stake in the venture with local partner Jinnaite Machinery.

The food and FMCG giant is set to be put into provisional liquidation. Abu Dhabi’s IHC and Emaar founder Mohamed Alabbar are now eyeing it.
The JSW Steel founder is embarking on an unprecedented expansion, betting on Japan’s JFE and Korea’s POSCO to share the load. But rivalries, debt and market risks could complicate the plan.
A whole host of new deals at the Make it in the Emirates summit, Saudi Arabia’s widest deficit since 2018 and other updates from the week.