India

This story was first published on the Benzinga India Portal. India's Prime Minister Narendra Modi believes that U.S. companies looking to move their global manufacturing supply chains to the South Asian country isn’t a conscious move to upend China but simply “India...

At the invitation of President Joe Biden and First Lady Jill Biden, Indian Prime Minister Narendra Modi is scheduled to embark on a visit to the U.S. from Tuesday through Saturday.   What Happened: "Modi's upcoming visit will affirm the deep and close partnership between the...

This story was first published on the Benzinga India Portal. In May, exports from India of Apple Inc's (NASDAQ: AAPL) iPhone hit a record INR 100 billion ($1.2 billion), pushing country’s the total smartphone exports to INR 120 billion ($1.46 billion). This growth in...

This story was originally published on the Benzinga India Portal. U.S. memory chipmaker Micron Technology (NASDAQ: MU) is reportedly close to committing $1 billion to $2 billion to build a semiconductor-packaging factory in India What Happened? The firm is close to an...

The story was first published on the Benzinga India Portal. SoftBank Group Corp (OTC: SFTBY) is reportedly set to sell stakes in Paytm and Zomato as the Japanese investment firm looks to turn a profit on its bets following a recent rally in their share prices. What Happened...

This article was first published on the Benzinga India Portal. Amazon.com, Inc's (NASDAQ: AMZN)'s digital payment division aims to leverage its traditional mobile wallet service to reestablish itself in the consumer payment market in India.  What Happened?  Amazon...

Raising money in today's venture capital environment is no easy feat, but that's exactly what 2070 Health — an India-based healthcare venture incubator — was able to accomplish. 2070 Health recently raised $30 million in seed funding from Boston-based W Health Ventures. With this money, the company...

The story was first published on the Benzinga India Portal. The Biden administration is urging India to flatten bureaucratic hurdles and take forward a long-awaited deal for U.S.-made armed drones ahead of Indian Prime Minister Narendra Modi’s upcoming visit to Washington. What Happened?...

This story was first published on the Benzinga India portal. A Bank of America report states that the Indian government’s production-linked incentive (PLI) scheme for mobile phones might prompt Apple Inc. (NASDAQ: AAPL) to move about 18% of its global iPhone...

This story was originally published on the Benzinga India Portal. India is reportedly unlikely to get the United States to roll back tariffs on steel and aluminum during Prime Minister Narendra Modi’s planned visit to Washington later this month. What Happened? India has...

ChatGPT-parent OpenAI’s co-founder and CEO Sam Altman has been a advocating for stringent regulations concerning artificial intelligence — but he also wants to keep an exception for smaller AI startups.  What Happened: In a bold departure from the prevailing narrative, OpenAI CEO has...

This story was first published on the Benzinga India portal. Walt Disney Co's (NYSE: DIS) Indian arm, Disney Star. announced its decision to license the TV broadcasting rights for International Cricket Council Men's and U-19 global events to Zee, a domestic broadcaster, for the 2024...

JPMorgan Chase & Co. (NYSE: JPM) is set to pioneer a groundbreaking initiative in India, partnering with major local banks to implement a blockchain-oriented platform aimed at streamlining interbank dollar transactions within the country's burgeoning international financial center. Kaustubh...

An AI-generated image depicting Elon Musk donning traditional Indian groom attire went viral, prompting a reaction from the billionaire himself. What Happened: Musk replied, "I love it," with two Indian flags on a photo of him wearing a sherwani at a wedding.  See Also: How Jio Could Play A...

This story was originally published on the Benzinga India Portal. Apple Inc (NASDAQ: AAPL) has ambitious plans to grow its retail presence in Asia, Europe, and the United States, with a particular focus on key markets like India. What Happened? According to a Bloomberg report, Apple is...