US targets Russian fintech operators for Ukraine war sanctions evasion work | External Affairs Defence Security News

The sanctions generally ban the designees from U.S. dollar transactions and the U.S. financial system. The US Treasury on Monday said it had imposed sanctions on Russian financial services and technology players, including blockchain firm Atomyze, for developing or offering services in virtual assets aimed at evading Ukraine war-related sanctions on Russia. The… Continue reading US targets Russian fintech operators for Ukraine war sanctions evasion work | External Affairs Defence Security News

Dabur scouting for acquisition targets in D2C healthcare, personal care

Homegrown FMCG major Dabur India is looking for an acquisition in direct-to-consumer (D2C) space, particularly in healthcare and personal care, its Chief Executive Officer Mohit Malhotra said on Thursday. The acquisition will help Dabur to increase its play in the fast-growing premium segment and also to strengthen our urban play, Malhotra said in… Continue reading Dabur scouting for acquisition targets in D2C healthcare, personal care

Foxconn EV venture targets India and Thailand for new small car plant

Foxconn’s venture attempting to build a standardised electric vehicle platform is targeting India or Thailand for the production of a small battery-powered car under development, the unit’s chief executive said. The Taiwanese company’s EV platform unit Mobility in Harmony (MIH) would be willing to work with its parent or another company to build… Continue reading Foxconn EV venture targets India and Thailand for new small car plant