Japan’s MUFG Bank will invest ₹39,620 crore for a 20% stake in Shriram Finance. This is India’s biggest foreign investment in financial services. The deal will strengthen Shriram Finance’s capital and accelerate its growth. MUFG will appoint two directors to Shriram Finance’s board. This partnership aims to leverage global expertise with local strength.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays