NEW DELHI / WAM With an eye of markets in the Gulf, India is to expand the cultivation of dragon fruit by more than 16 times, the Ministry of Agriculture and Farmers Welfare here has announced. To help augment this effort, the ministry has authorised the setting up of a Centre of Excellence for dragon fruit cultivation in Bengaluru in …

BLOOMBERG A Chinese property developer whose default in 2021 has since fed into a broader industry rout is facing resistance to its restructuring plan from a major shareholder. Fantasia Holdings Group Co’s second-biggest shareholder TCL Industries Holdings Co opposes the terms of the debt-to-equity swaps, a key part of the restructuring proposal that would dilute shareholders’ stakes, according to people …

BLOOMBERG Honda Motor Co shares rose the most in seven weeks after the Japanese automaker forecast profit for the current fiscal year that slightly exceeded analysts’ projections and a buy back of as much as Â¥200 billion ($1.5 billion) of its own shares. Operating profit for the period through March 2024 will be Â¥1 trillion, the company said. That compares …