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Covid runs rampant in China as govt seems absent

On December 23, China's Ministry of Foreign Affairs tweeted, 'China's COVID situation is predictable and under control.' IMAGE: A medical worker provides instructions to a resident at a mobile......

Ladakh Fallout: How India Bled Chinese FDI

In 2020-2021, the amount of foreign direct investment into India from China and Hong Kong plummeted to just $200 million -- its lowest in the recent past.In the first half of 2021-2022, FDI......

Danger grows as Xi made 'Chairman of Everything'

The Chinese Communist Party held its Sixth Plenum from 8-11 November, and Chairman Xi Jinping used this choreographed political theater to further cement his status in the pantheon of Chinese......

China protests US ban on TikTok, WeChat; warns counter measures

China on Saturday said it was resolutely opposed to the United States' move of blocking downloads of WeChat and TikTok apps and warned counter measures to protect the interest of Chinese companies.......

Guns vs butter at Wuhan

'Modi's recent decisions to improve India-China relations, adjust India's neighbourhood policies and to rebalance India's ties with the major powers are linked to his political agenda.''Of course,......

US investor BlackRock slashes Byju's valuation by 95% to $1 billion

In November 2023, Netherlands-based tech investor Prosus NV marked down Byju's valuation to under $3 billion. Peerzada Abrar reports. Photograph: Dado Ruvic/Reuters BlackRock has again reduced......

Byju's in talks with investors to raise $300 mn in return for more controls

With investors asking for a change in the board structure at Byju’s, the edtech giant’s founder and chief executive officer (CEO), Byju Raveendran, is now asking them to put $300......

'Banks are actively working on several IPOs'

'The deal pipeline across products is robust for 2024.' Illustrations: Dominic Xavier/Rediff.com India witnessed robust activity in the equity capital market in 2023, and this momentum is......

Billion-dollar shake-up: Global tech firms shed over $600 bn m-cap in Q3

The top 25 global technology (tech) firms, including Apple, Microsoft, Amazon, Tencent, Samsung, Oracle, and Accenture, collectively lost over $600 billion in market capitalisation (m-cap) during......

Edtech company Byju's plans asset sale to pay off $1.2 billion loan

Byju’s, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the......

NBA stirs US hornet's nest, faces China backlash

IMAGE: Houston Rockets guard Austin Rivers (25) tries to score against Golden State Warriors guard Andre Iguodala (9) during the 2019 NBA Playoffs at Oracle Arena. Photograph: Kyle Terada-USA......

Snubbed by BCCI, Srinivasan is 2nd most influential man in Asian Sport

Indian administrators are ruling the roost in Asian sports. Although, the Board of Control for Cricket in India (BCCI) barred Narayanaswami Srinivasan from attending any meeting but he is still at......

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