New Delhi: Xiaomi's supplier, Dixon Technologies India Ltd., is poised to set up a massive new factory on the outskirts of New Delhi, aligning with India's push for Chinese tech companies to collaborate with local assembly partners, Bloomberg reported.
Mumbai: Adani Group is in talks with banks to refinance $3.8 billion worth of debt taken for the acquisition of Ambuja Cement Ltd, making it the biggest loan in Asia this year, Bloomberg reported.
New Delhi: Foxconn Technology Group is partnering with STMicroelectronics NV to boost its chances of securing government incentives to build a semiconductor factory in India, Bloomberg reported.
New Delhi: Two Bangladeshi banks are set to introduce trade transactions using the Indian rupee as they aim to bolster forex reserves and reduce dependence on the US dollar, Bloomberg reported.