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From medical tourism to casinos, oil shock hits Southeast AsiaCompanies across aviation, retail, and manufacturing are implementing price hikes and cost-cutting measures. Disruptions to supply chains a...
Global Markets | Japan's Nikkei rises on tech rally, stronger yen lifts JGBsJapan's Nikkei share average edged higher on Friday, helped by gains in a small group of technology stocks, while the yen's rally helped go...
El Nino impact: Which stocks will burn & which will fire up as market braces for heat waveIndia faces a strong El Niño, threatening below-normal rainfall and impacting agriculture. While rural-linked sectors like two-wheelers and...
Vedanta Resources seeks $200 million loan top-up after $350 million deal earlier this yearVedanta Resources is looking to boost its existing $350 million loan by at least $200 million. The company is in talks with Sumitomo Mitsui...
SoftBank lenders ask more banks to join $40 billion OpenAI loanSoftBank is seeking additional banks to join a $40 billion loan backing its OpenAI investment, a significant test of investor confidence in...
Sumitomo Corp JV firm Krisumi to invest Rs 4,500 cr on housing project in GurugramRealty firm Krisumi Corporation Ltd, a joint venture between Japan's Sumitomo Corporation and Krishna Group, will further invest around Rs ...
Sumitomo Corp JV firm Krisumi to invest Rs 4,500 cr on housing project in GurugramKrisumi Corporation is embarking on an extraordinary journey, planning to infuse Rs 4,500 crore into its luxurious Gurugram housing project...
SoftBank secures $40 billion loan to fund further OpenAI investmentThe facility, which matures in March 2027, was arranged with lenders including JPMorgan Chase, Goldman Sachs, Mizuho Bank, Sumitomo Mitsu...
Buffett's Berkshire boosts stakes in Japan's five biggest trading housesBerkshire's stakes have increased to 6.59% from 5.04% in Mitsubishi Corp, to 6.62% from 5.03% in Mitsui & Co Ltd , to 6.21% from 5.02% in I...
Japan's Sumitomo partners with Mukand to set up steel rolling mill in KarnatakaThe JV, Mukand Alloy Steel Pvt Ltd (MASPL), will set up a steel rolling mill unit at Hospet in Karnataka with an initial capacity of 3,75,0...
SAIL in talks with Nippon Steel, Kobe on plant operations"SAIL is in preliminary discussions with Nippon Steel & Sumitomo Metal Corp and Kobe Steel on various areas of operations of steel plants,"...
GAIL signs pact with Sumitomo Corporation of JapanGAIL and Sumitomo have each booked a capacity of 2.3 million tonnes at Dominion Resources Inc's Cove Point liquefied natural gas (LNG) expo...
- Sumitomo sells 11% stake in SML Isuzu to Isuzu Motors
Commercial vehicle maker SML Isuzu today said its Japanese promoter Sumitomo Corporation has sold 11 per cent stake to Isuzu Motors for an ...
- Sumitomo eyes stake in India steel plant
Sumitomo Metal Industries of Japan is eyeing a stake in a steel plant being built by Bhushan Steel in West Bengal.
- Punjab Tractors surges 10% on Sumitomo deal
Punjab Tractors, a unit of Mahindra and Mahindra, rose nearly 10 per cent after Japan's Sumitomo Corp agreed to buy out the Indian firm's s...
- Telepark says to merge with MS Communications
Japanese cellphone sales firm Telepark Corp said on Thursday it planned to merge with its nearest rival MS Communications Co Ltd, its lates...
- 6 foreign cos bid for AP power project
Japan's Sumitom and Thai YTL Corp are among 6 foreign bidders for 4,000-MW AP mega power project.