Tag: ASIA
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Seef Properties Partners with Majd Investment to Launch Mixed-Use Project in Dammam
Seef Properties and Majd Investment Company have formed a strategic alliance to develop a mixed-use project in Dammam, Saudi Arabia, valued at BD50 million. The development aims to blend residential, commercial, and entertainment spaces while adhering to high sustainability standards. This initiative marks Seef Properties’ first project in Saudi Arabia and reflects both companies’ commitment…
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Getinge Expands Commitment to India’s Healthcare Market
Swedish firm Getinge is targeting a market share increase in India’s healthcare sector, particularly in premium ventilators, with plans to grow from 30% to 45% over the next five years. With installations across 2,000 hospitals and a focus on introducing innovative products, Getinge aims to cater to hospitals of varying sizes while investing in life…
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The Rising Importance of Diversity and Inclusion in Indian M&A Transactions
Diversity and inclusion (D&I) have taken center stage in Indian mergers and acquisitions (M&A), particularly in cross-border transactions. As global standards evolve, investors increasingly require comprehensive D&I policies. The absence of specific legal mandates does not diminish the growing emphasis on D&I, which experts believe is essential for organizational success and attracting investment. This trend…
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China Criticizes U.S. Order on TSMC as Detrimental to Taiwan’s Interests
The Taiwan Affairs Office of China criticized a U.S. order for TSMC to stop shipping advanced chips to China, arguing it harms Taiwanese businesses and escalates tensions in the Taiwan Strait. On Wednesday, the Taiwan Affairs Office of China expressed concerns regarding a U.S. directive aimed at Taiwan Semiconductor Manufacturing Company (TSMC), instructing it to…
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The Murugappa Group: A Prominent Investment Opportunity in South India
The Murugappa Group, often regarded as the ‘Tatas of the South,’ has a rich history of over a century, demonstrating robust governance and exceptional financial performance. The group operates in diverse sectors, maintains a substantial market capitalization, and exhibits a strong record of acquiring and turning around companies. Its commitment to philanthropy parallels that of…
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Seventeen Companies Commit to Expand Operations in Hong Kong’s Tech Sector
Seventeen companies, including sanctioned iFLYTEK, have signed agreements to establish or expand operations in Hong Kong as part of the government’s push to enhance the tech sector. This initiative aims to attract investment and create jobs in the city, with projections of HK$42 billion in investments and 17,000 new jobs. The efforts are part of…
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EPAM Systems Surges Ahead of Indian IT Rivals Through Strategic Workforce Growth
EPAM Systems has become larger than some Indian IT companies by doubling its workforce in India, achieving $1.17 billion in revenue for the September quarter. The company overcame challenges posed by the Russia-Ukraine conflict and reported a growth rate of 0.48%. In contrast, Tech Mahindra and LTIMindtree face challenges affecting their growth, despite EPAM’s notable…
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WorkWave Discusses Fintech Innovations to Boost Growth at Money20/20 USA 2024
Jacob Olins, VP of Fintech at WorkWave, shared insights at the Money20/20 USA 2024 conference on utilizing fintech innovations to help field service companies grow. His discussion focused on integrating advanced payment technologies and service solutions to drive business expansion. At the Money20/20 USA 2024 conference, Jacob Olins, the Vice President of Fintech at WorkWave,…
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India Must Focus on Revenue-Driven Tech Companies, Says Zoho CEO Sridhar Vembu
Sridhar Vembu, CEO of Zoho, advocates for the establishment of technology companies in India with a focus on achieving $100 billion in revenue, rather than emphasizing valuation. In his recent comments, he highlights the need for visionary leaders dedicated to long-term success, warning against the distractions posed by stock market valuations. Sridhar Vembu, the CEO…
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Global Companies Collaborate with China for Future Investments
The seventh China International Import Expo (CIIE) showcased 3,500 global exhibitors and reached about 80.01 billion U.S. dollars in tentative deals. The event highlighted innovative technologies and emphasized the collaborative future between China and international companies, underscoring growth opportunities amidst China’s commitment to modernization and sustainability. The seventh China International Import Expo (CIIE) recently concluded…