VENTURE CAPITAL POST

Mahindra and Mahindra Ltd. eyed China for being the hottest electric vehicle market. The company looked for venture partner to carry on its goal in investing Chinese market.

Volkswagen's heavy truck division is exploring several options for enhancing business growth. The trucks division is studying initial public offer (IPO) plan and acquisition route to achieve higher growth rate. Trucks division is keen on expanding in the US and Chinese markets.

Asian market hit a worst week starting the 2016 trading. Global market also slipped following the turbulence in China.

Analysts said that launching a mid-range iPhone would allow Apple to get the interest of the Chinese market and increase it revenue.