In today’s briefing:
- Ohayo Japan | US Hols; Aisin to Unwind Exedy Stake
- #1 India Insights : Tata Motors-JLR Strengthens Tie Ups, Reliance-Airtel Tussle and Macro Insights
- #5Business Buzz: China’s $47.5B Chip Fund, Ambani’s Africa Telecom Venture, Japan’s Output Rebounds
Ohayo Japan | US Hols; Aisin to Unwind Exedy Stake
- US market holiday. Nikkei Futures point to higher open. Oil prices higher as Europe hints at interest rate cuts
- Aisin (7259) will dissolve its capital alliance with EXEDY, selling its 34.5% stake to fund EV product development and shareholder returns.
- Mitsubishi Corporation (8058) will sell British food manufacturer Princess to Italy’s Newlat Food for £700 million by July’s end
#1 India Insights : Tata Motors-JLR Strengthens Tie Ups, Reliance-Airtel Tussle and Macro Insights
- JLR to produce cars in India but for the first time
- Reliance – Airtel may tussle on the African Markets after Indian Market
- FII may show interest to Indian Markets to reap benefits of demographic dividends
#5Business Buzz: China’s $47.5B Chip Fund, Ambani’s Africa Telecom Venture, Japan’s Output Rebounds
- Musk’s xAI secures $6 billion to rival OpenAI, aiming for AI dominance.
- India’s booming public sector raises economic concerns amid private sector decline.
- China launches $47.5 billion fund to bolster domestic chip industry amidst global tensions.
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