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BEIJING — The U.S. Congress increasingly has its eye on American capital that's allegedly funded China's military development, indicating that greater scrutiny on U.S. investments into China may outlast presidential terms and become part of law.

TVS Motor, Wipro, Aster DM Healthcare, RVNL, ZEE among others will be in focus due to various news developments. TVS Motor The Board of TVS Motor approved a scheme of arrangement between the company and its shareholders, under which, it will issue and allot cumulative redeemable preference shares by way of bonus.

Venture capital investors are increasingly demanding partial exits from late-stage startups as pressure to clock returns increases amid a slump in the technology market. Sizeable investment rounds of $50 million in the past year have included a significant secondary component that provides liquidity for existing investors, several industry executives said. Industry sources aware of the goings-on at mid-scale startups, who spoke to ET, said existing investors in such companies are demanding exits even at reduced valuations. A Bengaluru-based startup offering supply-chain solutions for retail businesses — last valued at around $300 million — is facing a significant cut in valuation along with ongoing discussions for secondary deals, according to one person cited above who said, “This is only one example and more such deals are currently structured that will play out in the coming months.”

The nonpartisan Congressional Budget Office says it expects the federal government will be awash in debt over the next 30 years

India is the top supplier of shrimp to the U.S., with Indian shrimp stocked in freezers at most of the nation’s biggest grocery store and restaurant chains

An expected long legal battle has begun over a new rule that requires companies to disclose some emissions and climate-related information

Angela Chao, a shipping industry CEO and sister-in-law to Senate Minority Leader Mitch McConnell, was intoxicated when she drove into a pond and died last month in Texas

India is the top supplier of shrimp to the U.S., with Indian shrimp stocked in freezers at most of the nation’s biggest grocery store and restaurant chains

Mergers and acquisitions of registered investment advisors continued at a strong, if not spectacular pace, in 2023, with RIA buyers and sellers contending with a turbulent stock market at the start of the year and the increased cost of deal-making as a result of rising interest rates, according to an annual survey by Advisor Growth Strategies, an M&A advisory and management consulting firm.

Citi is enriching its ultra-high-net-worth business as it welcomes a pedigreed industry executive to head its American family office division.

Yes, there is risk in emerging market bonds – but not as much as many advisors and investors believe. And especially not in the current global economic environment, says Eric Fine, head of emerging markets active debt at VanEck.

Burmans, who own consumer-goods major Dabur and are the biggest shareholders of Religare Enterprises, have sought the cancellation of stock options worth ₹350 crore granted by Care Health Insurance to Religare chairperson Rashmi Saluja, intensifying the dispute between the management of the company and one of India's most prominent business families. Care Health is a Religare subsidiary and Saluja is the non-executive chairperson of Care Health. The Burmans have threatened the Care board that if it fails to nullify the employee stock options, then legal action will be taken against the directors, including attachment of their personal assets.

Mark Holland, delivered a powerful message on Wednesday to tobacco companies attempting to market nicotine pouches to children: “Stay the hell away from our kids.”Speaking to reporters in Ottawa, Holland argued that flavoured nicotine pouches are attracting young Canadians into a dangerous addiction and emphasized the need for stringent regulations to protect the youth from the harmful effects of tobacco products.“I am seeking authority to restrict products so they are solely for the purposes of cessation,” he said. “We shouldn’t see flavours that are targeting kids, flavours like ‘Winter Berry Splash.’ We all see through it, we all what the intention is, and it’s over.“Whatever dark corner the tobacco industry crawls and creeps into to go after our children, whatever loophole they think they can find, they will meet me like an iron wall.”Nicotine pouches, positioned between the upper lip and gum, resemble Swedish-style snus but lack the tobacco leaf.

By Howard Schneider and Ann Saphir

By Jamie McGeever

Investing.com — Micron reported Tuesday upbeat guidance for the current quarter after the chipmaker swung to a surprise profit in the fiscal second-quarter as memory price hikes boosted performance amid growing AI-driven demand.  

After-Hours Stock Movers:

These studies also reveal that the onset of dementia is in a declining state among US residents due to enhanced education, fitness awareness, extensive healthcare, maintaining good blood pressure and similar other factors that are preventing dementia to start occurring. Reduction of smoking habits in Americans is another positive factor in the declining rate of dementia. Being socially engaged, both online and offline, is also helping US residents, it seems.

Taylor Swift's boyfriend Travis Kelce is in talks of hosting Amazon Prime Video show. If plans are materialized, Kansas City Chiefs tight end will be hosting a revamp version of "Are You Smarter Than a Fifth Grader?", as per a report in Variety. Kelce has already hosted podcast with Jason apart from attending reality series «Catching Kelce» and «Saturday Night Live».

Federal Reserve members still see three interest rate cuts in 2024 despite an improving outlook for economic growth.

Brown-Forman Corporation, maker of Jack Daniel’s Tennessee whiskey, has named Gaurav Sabharwal as its new managing director for India and South Asia. Based out of Gurgaon, Sabharwal will report to Eveline Albarracin, vice-president and managing director of Brown-Forman ANZPI (Australia, New Zealand, Pacific islands), IMENA (India, Middle East, North Africa) and Turkiye, the US spirits and wine maker said. Sabharwal said he “will strive to help consumers in India discover the world of American whiskeys”.