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Govt looks to speed up visa issuance for Chinese technicians: Report

The technicians are needed to operate Chinese-made machinery installed in Indian high-tech manufacturing units in industries ranging from telecoms to steel products and solar panels

Sanofi to invest $437 million in India global centre, double its workforce

The Hyderabad facility is expected to do a significant amount of documentation work related to drug clinical trials, Roach added

World Bank looking to issue first 'drought' bond in next 12-18 months

The drought bond would be a new instrument in the multilateral lender's suite of so-called cat bonds - fixed income instruments that pay out to countries in the event of a natural disaster

Capital One pledges $265 bn for lending, philanthropy to bag Discover deal

The plan also includes $600 mn for community development financial institutions, sixfold what the two banks had previously planned, and will boost planned philanthropic giving by 29% to $575 mn

Crude oil prices steady amid falling US inventories, China concerns

Brent crude oil futures were up 33 cents, or 0.39%, at $84.06 a barrel by 1204 GMT. U.S. West Texas Intermediate crude futures were up 51 cents, or 0.63%, at $81.27

Google takeover target Wiz another fruit of Israeli military intelligence

Check Point Software Technologies, Nice, Palo Alto Networks, CyberArk, Wix and Waze - bought by Google for $1 billion - are a handful of companies whose founders have military roots

Apple backs $50 million fund to support Bay Area affordable housing

The Bay Area Housing Innovation Fund is part of Apple's 2019 pledge to contribute $2.5 billion towards affordable housing across California, the iPhone maker said on Wednesday

Food subsidies to cost 11% more than Interim Budget estimate: Report

The country's combined food and fertiliser bill is expected to reach Rs 3.88 trillion, up 5% rise from the estimate in the interim budget unveiled before the election

Karnataka approves bill mandating companies give 50-70% of jobs to locals

Industry leaders criticised the bill, saying it would discriminate against those from outside the state who want to work there

India's economy poised for robust growth ahead of annual Union Budget

The budget is expected to see an increase in spending on infrastructure and welfare programmes such as rural housing

MTNL deposits bond interest payout after invocation of govt guarantee

The struggling state-run company had received Rs 936 million ($11.21 million) from the government for the interest payment as per the guarantee agreement for the bonds

Edtech major Byju's to appeal against insolvency proceedings this week

Byju's has suffered numerous setbacks in recent years, including boardroom exits and a tussle with investors

HSBC appoints Georges Elhedery as group chief executive, replaces Quinn

Since 2020, Elhedery had been the co-head of the Global Banking and Markets business

Byju's journey from startup star to facing insolvency: All you need to Know

Byju's, which has denied mismanagement, says the investors don't have the power to vote out its CEO

Five biggest challenges Quinn leaves for HSBC's new CEO Georges Elhedery

HSBC's net interest income, which accounts for half its revenues, rose $5.4 billion in 2023 to nearly $36 billion. But it is expected to fall back to $33 billion this year

Former Trump rivals Haley, DeSantis endorse him at Republican convention

Haley, who had described Trump as unelectable and unfit for office during her campaign, nevertheless urged her supporters to vote for him over Democratic President Joe Biden

Trump asks Taiwan to pay for US defence, sending TSMC's stock down

Taiwan Premier Cho Jung-tai, responding to Trump's comments, said Taiwan and the US have good relations despite the lack of formal ties, and is dedicated to bolstering its defences

Govt to stick to Feb budget targets despite losing majority, shows poll

While relying on some regional parties to form the government, the BJP has retained most ministers from its second term, signaling continuity in fiscal policy

Considering Jamie Dimon for US Treasury, won't oust Fed's Powell: Trump

Powell said on Monday he has no plans to leave his post as head of the US central bank before his term expires

Elon Musk to move SpaceX, X headquarters to Texas from California

With these steps, the billionaire, will have relocated Tesla and most of the businesses he controls or heads to Texas