Page 2 - Bloomberg Reported News Today

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: TotalEnergies SE is reportedly in discussions to invest in renewable energy ventures developed by Adani Green Energy Ltd, 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.

New Delhi: India's May diesel and gasoline sales reached record levels, providing a rare positive indication for the global oil markets, Bloomberg reported.

Amid widespread unrest in Pakistan following former prime minister Imran Khan’s arrest on Tuesday, its currency tumbled to a new record low as the country’s army stepped in to quell violent protests, Bloomberg reported.

Islamabad: The Taliban regime in Afghanistan has agreed to allow China’s Belt and Road Initiative, paving the way for billions of dollars of infrastructure investment in the sanction-hit country, Bloomberg reported.

Mumbai: Adani Group is in talks with at least half a dozen banks for a loan of about $220 million, its first since the negative by US-based short-seller Hindenburg Research last January, Bloomberg reported.

Six oil and gas fields in the Gulf of Mexico have been shut after some pipeline leakage was discovered at a Louisiana booster station, Bloomberg reported.