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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‘We did not fire PR Sreejesh’: Hockey India responds after legend’s explosive foreign coach allegation | Hockey News

NEW DELHI: Hockey India has issued a detailed response after Indian hockey legend PR Sreejesh publicly questioned the federation’s continued trust in foreign coaches, saying his contract as junior men’s coach had simply ended and that he was never “fired”.The statement came hours after Sreejesh posted a strongly-worded message on social media, claiming he was…

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Ben Shelton and Trinity Rodman Combined Net Worth: Inside tennis star and US soccer team forward’s earnings, endorsements income and rising wealth | International Sports News

Ben Shelton and Trinity Rodman (via Trinity Rodman / Instagram) American tennis star Ben Shelton and U.S. soccer forward Trinity Rodman have become one of the most talked-about young sports couples in recent years. Both athletes are enjoying rapid success in their respective sports while building impressive fortunes at a young age. Shelton has become…

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Ben Shelton and Trinity Rodman Combined Net Worth: Inside tennis star and US soccer team forward’s earnings, endorsements income and rising wealth | International Sports News

Ben Shelton and Trinity Rodman (via Trinity Rodman / Instagram) American tennis star Ben Shelton and U.S. soccer forward Trinity Rodman have become one of the most talked-about young sports couples in recent years. Both athletes are enjoying rapid success in their respective sports while building impressive fortunes at a young age. Shelton has become…

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The price of war: Iran conflict could become a trillion-dollar burden for US

The ongoing US military campaign against Iran has already cost Washington nearly $29 billion, exceeding the Pentagon’s earlier estimate of $25 billion, while experts warn the final financial burden could eventually climb to as much as $1 trillion.Jay Hurst, the Pentagon comptroller, informed a House Appropriations Committee hearing on Tuesday that the updated estimate reflects…

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

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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