Bloomberg Business

India’s top court will begin hearing a clutch of petitions from August 2 challenging the legality of Prime Minister Narendra Modi’s administration’s move to end the special constitutional status of the Himalayan province of Jammu and Kashmir in August 2019.

Armed men have forced truck drivers out of their vehicles before setting them ablaze on a northern stretch of South Africa’s N2 highway, the third such attack within the space of two days.

Bain Capital and Carlyle Group Inc. are among potential bidders for a controlling stake in Gautam Adani’s shadow bank, according to people familiar with the matter, as the Indian billionaire looks to conserve cash and focus on core businesses.

France’s Renault SA has formally signed a joint venture agreement with China’s Zhejiang Geely Holding Group Co. to set up a new combustion engine and hybrid powertrain company, while Saudi Aramco is still mulling an investment.

Indonesia’s Defense Minister Prabowo Subianto, who has declared plans to run for president a third time, is gaining momentum seven months away from the vote, according to the latest survey.

Tata Group, India’s largest conglomerate, is close to an agreement to acquire an Apple Inc. supplier’s factory as soon as August, marking the first time a local company would move into the assembly of iPhones, according to people familiar with the matter.

China signaled more economic support measures are imminent after authorities took a small step toward supporting the ailing property market by extending loan relief for developers.

Rice prices in Asia have surged to the highest level in more than two years as importers build up stockpiles on fears that the onset of El Niño will parch plantations and damage crops.