Tokyo stocks ended higher on Friday with the benchmark Nikkei snapping a three-day losing streak as investors bought battered shares, while a weaker yen boosted exporters including automakers.
The Life Insurance Corporation of India (LIC) is expected to enter the health insurance industry in 2025 by acquiring a stake in a standalone health insurance entity, that could significantly boost the market share of country’s largest insurer, according to a report on Friday.
South Korean battery stocks plunged on Friday on reports that President-elect Donald Trump's transition team plans to scrap the $7,500 tax credit for EV purchases as part of broader tax legislation.
The escalating food waste crisis in the Asia-Pacific region is driving sustainability initiatives in the food and beverage industry, according to a report on Friday.
Compliance with Schedule FA and FSI is mandatory under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, which requires the full disclosure of foreign assets and income.
Live online learning platform Vedantu on Thursday announced it has bought a majority stake in test preparation platform Deeksha (Ace Creative Learning Pvt Ltd) for $40 million. Since 1998, Deeksha has created over 65,000 success stories through its 39 centers across three states.
Sony Group and Honda Motor on Thursday announced the delivery of their first EVs from their joint new company in the US in 2026, and the pre-orders will begin in 2025.
Only two startups in India, Shiprocket and OneCard, attained unicorn status (valuation $1 billion and above) in the July-September period. Globally, the third quarter (Q3) produced 20 unicorns and 45 per cent of them were from the software-as-a-service (SaaS) segment. No new decacorns were added in this quarter.
Under this MoU, Coal India will set up a solar project of 1190 MW capacity in Rajasthan, as well as an investment of Rs 5,400 crore will be made.
The Sveriges Riksbank Prize in Economic Sciences for 2022, popularly called the Nobel prize for economics, has been awarded to three American economists, Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig “for research on banks and financial crises.”
