Stay updated with breaking news from 2317 Tt. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Shares of Hon Hai Precision Industry Co. soared to a record as a frenzy over artificial intelligence outweighs concerns about a sluggish recovery in the smartphone sector.
Vedanta has been hit hard by higher-for-longer interest rates. A proposed six-way business split smacks of desperation.
The iPhone-maker enjoys positive sentiment and greater local connections, but the growing middle-class market won’t last forever.
Billionaire Anil Agarwal’s plan to build a $19 billion chipmaking plant in India is floundering as his venture struggles to secure a technology partner and faces challenges in obtaining financial incentives from the government.
Bondholders in Vedanta Resources, a highly leveraged mining group, are jittery about getting repaid next year.