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SMBC Asia Rising Fund Bets Further on India's Fintech Infrastructure

New Delhi, July 7 -- SMBC Asia Rising Fund has recently announced follow-on investments of around USD 12-15 million across three of its existing fintech portfolio companies: Easy Home Finance, Vayana ... Read More


Farm incomes in rich countries could be 20 times higher than South Asia, sub-Saharan Africa by 2035, report says

India, July 7 -- Farm workers in high-income countries are projected to earn about 20 times more than those in South Asia and sub-Saharan Africa by 2035, according to the OECD-FAO Agricultural Outlook... Read More


India's AI Readiness Gap Widens as Adoption Accelerates: Kyndryl

New Delhi, July 7 -- India's enterprises may be moving quickly on artificial intelligence, but their workforces are not keeping pace with the speed of adoption. A new Kyndryl report has found that onl... Read More


Taiwan's Lotus Pharma commences distribution of Uro-Vaxom(R) in South Korea

Singapore, July 7 -- Lotus Pharmaceutical, a global pharmaceutical company headquartered in Taiwan, has announced that its wholly owned subsidiary Alvogen Korea has commenced distribution of Uro-Vaxom... Read More


Mercedes-Benz India Records Highest-Ever H1 Sales With 9,768 Units Sold In CY2026

Mumbai, July 7 -- German luxury carmaker Mercedes-Benz India has recorded its highest-ever sales for the H1 of 2026, retailing 9,768 units between January and June, a 9 percent YoY increase over the 9... Read More


Uno Minda To Invest INR 3.2 Billion Towards New Seating Systems Plant In Maharashtra

Mumbai, July 7 -- Tier 1 supplier Uno Minda has announced an expansion into the passenger vehicle seating systems segment with a new greenfield facility in Maharashtra. The company's board has approv... Read More


ACMA Expects Component Industry To Clock 10% Growth In FY2027, Outlook Remains Positive

Mumbai, July 7 -- The Indian automotive component industry has delivered another strong performance in FY2026, reinforcing its position as a critical pillar of the country's auto ecosystem and a growi... Read More


Autoliv, Great Wall Motor To Expand Global Strategic Partnership

Mumbai, July 7 -- Autoliv and Great Wall Motor (GWM) have signed a Global Strategic Cooperation Framework Agreement to expand their long-term partnership. The agreement follows a collaboration establi... Read More


Indian Auto Component Industry Records 12.7% Turnover Growth In FY2026

Mumbai, July 7 -- The Automotive Component Manufacturers Association of India (ACMA) has released its performance review for FY2025-26, which saw the industry record a turnover of USD 85.9 billion (IN... Read More


Toyota Announces 3.6 Billion USD Investment In San Antonio Plant

Mumbai, July 7 -- Toyota Motor North America has announced an investment of 3.6 billion USD in its plant in San Antonio, Texas. The project will add 2.5 million square feet to the campus and double it... Read More