Toxic chemicals: Poisoned cough syrup from India killed dozens of kids which should have sparked a wide-ranging investigation. Instead, the authorities cut the probe short. Read The Big Take. https://tinyurl.com/363sab86

Indian iPhone maker: Tata Group, India’s largest conglomerate, is close to an agreement to acquire an Apple supplier’s factory as soon as August, sources say, marking the first time a local company would move into the assembly of iPhones. https://tinyurl.com/mvuvfpt7

Arms push: India is set to sign a naval fighter deal worth nearly $3.3 billion with France when Prime Minister Modi visits this week, the latest defense deal for the South Asian nation. https://tinyurl.com/4f7eytz5

JUST IN: Singapore's prime minister asks the transport minister to take leave as a corruption probe begins https://trib.al/ROz6yDo

Tough competition: Disney is weighing options for its television business in India that include either an outright sale or setting up a joint venture with partners as it faces intensifying competition from local rivals. https://tinyurl.com/2zyckanb

AI push: Wipro, the Indian outsourcing provider, plans to spend $1 billion to train its 250,000 employees in artificial intelligence and integrate the technology into its product offerings. https://tinyurl.com/bdzasksy

Regulating reports: China’s financial regulator asked banks to respond to a bearish research report on the sector by analysts at Goldman Sachs, underscoring heightened sensitivity in Beijing toward negative market commentary. https://tinyurl.com/2xjthpa3

Rice ban: India, the world’s biggest rice shipper, is considering banning exports of most rice varieties, a move that may send already lofty global prices of the food staple higher. https://tinyurl.com/bdhe5t5r

Pepsi bottler: One of the largest PepsiCo bottlers outside the US has surged almost 1,000% over the past six years and there’s speculation next month’s results will set off another leg of the rally. https://tinyurl.com/4dcpy9zt

Rental trouble: South Korea’s archaic rental system is costing people their life savings, with some labeling it a government-sanctioned pyramid scheme. https://tinyurl.com/4vfhbs8z

DEVELOPING: Hotel tycoon Ong Beng Seng has been given a notice of arrest and is cooperating in the graft probe involving Singapore's transport minister https://trib.al/wkJq334

Moon race: India will make a second attempt to send an uncrewed mission to the lunar surface Friday, joining the US, China and others in a new moon race. https://tinyurl.com/59mstck5

Spotty data: Behind India’s record-setting growth lies a glaring caveat: The world’s most populous country has a serious data problem. https://tinyurl.com/yd9xf7vj

Long rally: The yen was on course to notch its longest winning streak since 2018 as speculation mounts that the Bank of Japan will tweak monetary policy this month. https://tinyurl.com/mr29ymjd

BREAKING: China’s economy grows slower than expected in the second quarter versus the Covid lockdown period last year, sending more alarm bells about its recovery https://trib.al/MzjAZDi

G-20 latest: US Treasury Secretary Janet Yellen met Indian Finance Minister Nirmala Sitharaman and said their two countries were "among the closest partners in the world." https://tinyurl.com/mr2ptdch

Advancing plans: Ola Electric is in line for an IPO sooner than its founder previously imagined, reflecting the Indian startup’s whirlwind pace of growth since it started selling electric scooters in late 2021. https://tinyurl.com/32c8424e

Stronger ties: Indonesia and India are planning to settle bilateral transactions in local currencies and link up their fast payments systems to spur cross border fund transfers. https://tinyurl.com/3yccvu47

Tainted eyedrops: Over-the-counter eyedrops containing a deadly superbug slipped past US regulators and onto shelves, revealing a patchwork of cheap-drug oversight. https://tinyurl.com/38n77ay7

Tata's airline ambitions: India’s Vistara airline has begun making plans to merge its staff into Air India, as the country’s industrial Tata family combines the two carriers to rebuild its aviation empire. https://tinyurl.com/5xf87myh

Turning cautious: For more than a decade, Barclays has been the go-to bank for billionaire Adani. But an explosive report by short-seller Hindenburg is prompting the bank to pare its exposure. https://tinyurl.com/2mu57je8

Singapore has replaced Japan for having the world’s most powerful passport, allowing visa-free entry to 192 global destinations, according to the latest Henley Passport Index https://trib.al/7gE0LEf

Billionaire Jorge Mas persuaded Lionel Messi, the world’s biggest soccer star, to join a team that's last place in its league.

Now he needs to make it pay off https://trib.al/iM2mSJl

G-20 latest: Finance chiefs from an assembly of the world’s biggest economies failed to reach a consensus over a framework that could be applied to restructuring the debt of distressed poorer nations. https://tinyurl.com/yr6bduyb

Eyeing corporate philanthropy: World Bank President Ajay Banga is preparing to pitch for private capital and corporate social responsibility funds to augment current sources of financing. https://tinyurl.com/4rnufy2u

US soldier: About 20 Americans have been detained by North Korea since the end of the 1950-1953 Korean War. There has never been an easy way for Washington to win their return. https://tinyurl.com/64pnuzy7

Exclusive: Apple is developing generative AI tools and an internal chatbot app dubbed “Apple GPT” that could take on OpenAI and Google https://trib.al/iJ3VisI

Streaming war: Amazon will start streaming BBC shows in India, opening up a new front in an intensifying entertainment war with the likes of Asia’s richest man, Mukesh Ambani, in one of the world’s largest media markets. https://tinyurl.com/4kcnz7xu

Taj Mahal: Extreme weather is a threat to cultural sites all over the world, but rising flood waters may turn out to be positive for the Taj Mahal. Here's why. https://tinyurl.com/y7errb6y

Mumbai slum: Gautam Adani, the Indian tycoon who controls the port-to-power conglomerate, intends to turn one of Asia’s largest slums into a modern city hub after his real estate unit received the government’s approval to start redevelopment. https://tinyurl.com/yu787bbn

Tech troubles: India's tech bellwether Infosys fell 10% in early trading after a cut to its annual sales forecast spurred renewed concerns that companies will hold off on technology spending for longer than anticipated. https://tinyurl.com/mrx5vzx4

Poor man's grain: For almost 8,000 years, millet has been nourishing the world without getting much attention. But now the nutrient-rich grain is showing up at the White House and in Michelin-starred restaurants. https://tinyurl.com/ybrtr6fu

Wild allegations: Bankrupt FTX's latest lawsuit against Sam Bankman-Fried and his former top executives revealed new details, including an accusation about a plan to purchase the tiny island nation of Nauru. https://tinyurl.com/3vh47c2n

M&A slump: Wall Street firms are downsizing as deal volume craters. But some lower-ranked rivals are hiring investment bankers, betting a boom is around the corner. Read The Big Take. https://tinyurl.com/5fsau68h

Big bank stimulus: China’s top leaders will probably fail to deliver big-bang stimulus for the weakening economy this week, economists say, disappointing financial markets. https://tinyurl.com/4fkvvzah

More focus: Bain Capital has agreed to buy the 90% stake Gautam Adani’s family holds in an Indian shadow bank, allowing the embattled billionaire to pare down his non-core businesses. https://tinyurl.com/2uks6h6f

Doubling down: HSBC is wooing wealthy Indians over Michelin star meals and is planning to recruit more than two dozen wealth bankers for doubling down on private banking in the country. https://tinyurl.com/3zyhpktv

New rules: “Basically every week, we feel that we are going to be eliminated." Here’s how AI is rewriting the rules of $200 billion games industry. https://tinyurl.com/4d5zjvue

Looming risk: Rice prices are set to surge after top exporter India banned a large chunk of shipments, adding to stresses on global food markets that have already been roiled by bad weather. https://tinyurl.com/5e83v2hj

Break down: Byju's rapid ascent into a $22 billion tech company captivated global investors. Here's how a series of missteps sank it into crisis. https://tinyurl.com/2hdryccn

Renewed focus: Xiaomi plans to focus on 5G smartphones and a leaner product portfolio in India, trying to claw back market share lost to rivals including Samsung in its second-biggest market. https://tinyurl.com/y6c5mfcj

Subsidy wars: Joe Biden’s subsidies have kickstarted a global contest that’s straining alliances and warping economies. Read The Big Take. https://tinyurl.com/455kwma9

Raising funds: Billionaire Gautam Adani’s conglomerate is testing lender demand for financing that may total more than $1 billion, the latest sign it’s slowly regaining the ability to raise funds after a scathing short-seller report. https://tinyurl.com/yvhmyh6x

Private debt: Less than five years after a shadow banking crisis spooked India's financial sector, a growing list of global asset managers, including Apollo and Cerberus, are stepping up their operations in the country. https://tinyurl.com/3zjzk78p

Tainted medicines: A cold medication made in India and sold in Iraq is tainted with toxic chemicals, a test commissioned by Bloomberg News shows, the latest in a series of alarming revelations about syrup medicines used by children around the world. https://tinyurl.com/mrxvefwr

Adani's grip: Billionaire Adani's infrastructure network dominates large parts of India's economy. A Bloomberg analysis reveals how his empire is a crucial vehicle for India's growth, helping it recover from the fallout of allegations from Hindenburg Research. https://tinyurl.com/55x2vey9

Rally picks up: Chinese stocks extended gains from last week as Beijing showed its determination to shore up the economy by boosting consumption and supporting the property sector. https://tinyurl.com/426d9dt6

Pakistan bomb blast: Forty-five people were killed and more than 135 injured in an attack at a rally organized by a key party in Prime Minister Shehbaz Sharif’s coalition. https://tinyurl.com/dzuvxdx5