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Peak XV Partners slashes fees, reduces latest fund by $465 million

Move to reduce the fund and lower fees in prior funds is rare in Asia, and underscores challenges of investing in India where valuations have expanded given robust market for initial public offerings

Apple readies new iPhone SE that kills home button with edge-to-edge screen

Modernizing the SE so it looks more like its higher-end siblings should help entice budget-minded shoppers and potentially win back market share lost to brands such as Huawei and Xiaomi

Here's why Iran missile strike against Israel was another strategic blunder

In a speech to the United Nations General Assembly last week, Netanyahu said Israel should be supported as it tries to reshape the Middle East in positive ways

Adani's about $1.3 billion share sale likely to start next week: Report

Adani Enterprises Ltd. is looking to raise about $1.3 billion through a so-called qualified institutional placement and is expected to start the process as early as the week starting Oct. 7

Adnoc to buy chemical producer Covestro for €12 bn in its biggest deal

The takeover will value the German company at €62 per share and hinges on the Abu Dhabi oil producer receiving at least 50 per cent plus one share in its tender offer

Pfizer to further reduce stake in Haleon, offers to sell 540 million share

The US company intends to sell 540 million Haleon shares, according to a statement on Monday

Royal Philips' 1st female top executive in 133-yr history begins her tenure

Charlotte Hanneman, 45, is taking over as the CFO of the Dutch maker of medical equipment, succeeding Abhijit Bhattacharya

Samsung to slash thousands of jobs as part of worldwide restructuring

The South Korean company has about 147,000 staff overseas, more than half of its total employee of more than 267,800, according to its latest sustainability report

Sony Pictures names TV head Ahuja CEO after Vinciquerra steps down

Ahuja came to Sony after a career in television management at the Fox networks and Walt Disney Co, here, he's overseen production of award-winning series like The Crown, The Boys, The Last of Us, etc.

Ford plans to make EVs at TN plant, seeking re-entry into Indian market

Ford is the latest to join domestic and foreign carmakers, from Tata Motors to Vietnamese automaker VinFast Auto

Top Indian fund bullish on hospital stocks amid rising healthcare spending

JM Flexicap Fund has returned over 40 per cent this year, beating over 96 per cent of peers during the period

Nato's new Chief Rutte prepares to take on Putin with Dutch pragmatism

Rutte will also have to handle pressure from some members to devote more attention to counter-terrorism and reinforce Nato's southern flank

Fed drives global push to cut rates despite uncertainties over 2025

Whatever happens, a sustained period of central bank activism, in contrast to the recent hiatus of higher-for-longer rates, is likely to take hold

Chinese stock market enters bull market after biggest surge since 2008

The CSI 300 Index jumped 8.5% Monday, marking the most since 2008 as traders rushed to buy shares in the last session before a week-long holiday

More Chinese heading to Europe, far-flung hotspots for Golden Week holiday

Bookings for overseas flights and hotels have spiked from last year's holiday week, with international flight reservations doubling and Europe showing some of the the biggest growth

EV sales by Chinese carmakers BYD, SAIC in Europe lowest since Feb 2023

European automakers have called on Brussels to reconsider key climate targets including 2025 fleet-emissions goals that could lead to billions of euros in fines

Revenge or regroup? Mideast braces for Iran's next move after Beirut attack

Israel's assassination of Hezbollah leader Hassan Nasrallah on Friday in Beirut dealt an even bigger blow

Hezbollah leader Nasrallah's death offers Israel a chance it should seize

There may be only a very short window for Netanyahu to develop a still missing political strategy to end the war and win the peace

Opposition to Toyota's Chairman Akio Toyoda spreads among big shareholders

Toyoda, the grandson of the company's founder, saw shareholder support drop to a record low of 85 per cent last year

Volvo leads 50 companies urging EU to stick to combustion-engine ban

The 2035 target is crucial to align all stakeholders on this journey and ensure European competitiveness