NEW DELHI / WAM The Indian government has identified “sunrise sectors” for investors in the Gulf with the thrust on joint ventures in infrastructure and manufacturing, integrating into supply chains and tapping sovereign wealth funds. This was stated by the Minister of State for External Affairs, V Muraleedharan, in his keynote address to a panel discussion here on “India and …

Bloomberg Apple Inc has started building its own cellular modem for future devices, a move that would replace components from Qualcomm Inc, Apple’s top chip executive told staff. Johny Srouji, Apple’s senior vice president of hardware technologies, made the disclosure in a town hall meeting with Apple employees, according to people familiar with the comments. Qualcomm shares dropped 4.4% in …

Bloomberg Chinese electric-car maker Nio Inc joined the rush for fundraising among new-energy vehicle manufacturers, capitalising on a 11-fold increase in its share price this year to boost its coffers. The manufacturer is selling 60 million American depositary shares in a follow-on offering, and has the option to sell another nine million, according to a statement. Based on its latest …