VinFast divests mfg unit in $530M restructuring deal

VinFast has announced a major restructuring exercise involving its manufacturing business in Vietnam in a deal valued at around USD 530 million (approximately VND 13.3 trillion). The move is aimed at improving capital efficiency, reducing debt burden and helping the EV maker move faster towards profitability.As part of the restructuring, VinFast will separate its manufacturing…

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Talwiinder faces backlash from social media as he collaborates with Pakistani singer Hasan Raheem: ‘This is not a joke’ |

Indian singer Talwiinder has landed in the middle of a controversy after making a surprise appearance at Pakistani singer Hasan Raheem’s concert in Toronto. While several fans appreciated the cross-border musical moment, others criticised the singer amid the ongoing tensions between India and Pakistan. On Tuesday, Talwiinder shared a series of photos and videos from…

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Rajeev Kanakala issues clarification after the controversial school event: ‘I only went to motivate students’ |

Popular Telugu actor Rajeev Kanakala recently found himself in the middle of an unexpected controversy after attending an event at Ybrant School in Hyderabad. The issue started after a student organisation raised questions about the school’s credibility and accused it of operating against certain government rules. As the topic started trending online, Rajeev Kanakala released…

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Suniel Shetty says granddaughter Evaarah is daughter Athiya Shetty’s 2.0 version, says he’s eager to return home to ‘ghar ki lakshmi’ | Hindi Movie News

Athiya Shetty and KL Rahul embraced parenthood in 2025 with the arrival of their daughter, Evaarah. The couple had shared the happy news through an adorable social media announcement, and ever since, proud grandfather Suniel Shetty has been openly expressing his excitement about this new chapter in his life. In a recent interview, the veteran…

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‘It is the right thing’: Former Army chief Naravane backs RSS general secretary Hosabale on dialogue with Pakistan | India News

General (retired) MM Naravane; RSS general secretary Dattatreya Hosabale NEW DELHI: Former Army chief General (retired) Manoj Mukund Naravane on Wednesday backed Rashtriya Swayamsevak Sangh (RSS) general secretary Dattatreya Hosabale’s stand on greater people-to-people contact between India and Pakistan, saying stronger ties between citizens on both sides could help improve bilateral relations.Also Read | ‘India…

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Rahul Dev says the industry had forgotten him when he returned to work 4.5 years after his wife’s death: ‘I wasn’t getting work’ |

After the death of his wife Rina Dev in 2009, Rahul Dev stepped away from films and the spotlight to raise their son Siddharth as a single parent. The actor-model has now opened up about the emotional and professional struggles he faced during that phase, recalling how difficult it was to restart his career after…

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US stock markets today (May 13, 2026): Wall Street trades mixed as inflation worries offset tech rebound

Wall Street traded mixed on Wednesday as another stronger-than-expected inflation report weighed on investor sentiment while a rebound in technology stocks helped limit losses, AP reported.The S&P 500 slipped 0.1 per cent in early trade, remaining close to the record high touched earlier this week. The Dow Jones Industrial Average fell 235 points, or 0.5…

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