Tuesday, August 16th, 2022

Wholesalers and retailers are allowed to transfer to the new Udyam site and file new registrations, according to the RBI.

Ease of Doing Business for MSMEs: Less than a week after the government declared that retail and wholesale businesses would be reclassified as MSME, the Reserve Bank of India (RBI) has written to banks...

As Beijing focuses on the IT industry, Xiaomi raises $1.2 billion in debt.

GUANGZHOU, CHINA – Xiaomi, a Chinese smartphone company, will fund $1.2 billion through debt issuance at a time when authorities are tightening down on the country’s IT heavyweights. Xiaomi will issue $800 million in...

In the next days, a French antitrust verdict on Google’s copyright negotiations with publishers is expected.

PARIS, July 8 – The director of France’s anti-trust watchdog, Isabelle de Silva, said on Thursday that the agency will make a judgement in the coming days on how Google (GOOGL.O) handled copyright conversations...

In a broad washout of speculative FX bets, the yen is expected to rise the most this year.

LONDON, July 8 – Investors shunned risky assets after minutes from the US Federal Reserve’s June policy meeting confirmed it was moving toward tapering its asset purchases as soon as this year. The Australian...

Samsung SDI of South Korea is considering constructing a battery cell manufacturing in the United States.

SEOUL, South Korea, July 8 (Reuters) – Samsung SDI Co (006400.KS) of South Korea may develop a battery cell plant in the United States to help the auto industry transition to electrification, according to...

SoftBank Prosus, based in Europe, is playing a protracted game to close the value difference.

AMSTERDAM/JOHANNESBURG, July 8 – Prosus, Europe’s answer to SoftBank’s Vision Fund, is wagering that its long-term investments can close a valuation gap and establish it as one of the world’s most aggressive technology investors....