Friday, July 22, 2022

Despite Didi's $1.2 billion fine, China's regulatory issues with tech may not be resolved

The crackdown lopped hundreds of billions of dollars off its tech companies' market capitalisations, prompted layoffs at several firms, made them reticent about seeking new opportunities and even drove downsizing of businesses, as companies sought to comply with the new rules.

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...