India
Godrej Enterprises and Godrej Industries will continue to use the Godrej brand.
India's Avaada Energy raises $143 in green financing from state lender SBI
Alibaba to build data centre in Vietnam to comply with local storage law
Indonesian conglomerate Astra eyes aggressive EV push in next two years
SEA Digest: Indonesia's Edukita, Vietnam's Happynest raise seed funding
Morgan Stanley eyes $750m for second India infra PE fund: Report
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India: Zepto-backer Stride Ventures closes third fund at $165m, lower than Fund II
Warburg Pincus weighs partial exit from Indonesian real estate platform NWP Property
SG hot pot restaurant operator Super Hi files for $100m US IPO
Recommerce platform ReturnKey raises Series A funding
Blackstone reportedly in talks to acquire Dulwich College International’s Asian assets
Indonesia
Beacon VC has partnered Indonesia’s SUN Group to invest in Thai startup ION Energy’s $3-million Series A round.
Greater China
The job cuts are part of a planned overhaul launched to boost profit, sources said.
Tesla rolled out FSD four years ago but has yet to make it available in China.
Wong will serve as an advisor to the board for the remainder of the calendar year.
It is seeking candidates with expertise in business development, user acquisition, and customer retention.
Rest of Asia
Imatsu will retain his roles as co-head of global interest rates and co-head of the Asia Pacific fixed income, currency and commodities.
Malaysia
Fernandes said the company’s board requested him to stay on.
HKEX also reported a 13% drop in Q1 2024 profit.
Zoomcar is planning to expand its business to other parts of the country.