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Grab shares crash after drop in revenue and higher incentives
Shares in Grab tumbled 37% a worse-than-expected drop in revenue, hit by promotional offers and higher driver incentives. Read more…
incentives
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India offering $1bn for semiconductor firms to set up manufacturing plants
India is offering more than $1 billion in cash to each semiconductor company that sets up manufacturing units in the country. Read more…
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India lures Tesla by ensuring lower production costs than China
India is ready to offer incentives to ensure Tesla’s cost of production would be less than in China if the carmaker commits to manufacturing. Read more…
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Samsung looks to get big tax incentives for $706mn plant in India
Samsung Electronics should get tax and other incentives from $706 million investment in a smartphone display manufacturing plant in India, Read more…