The Chinese government is imposing severe restrictions on their tech companies - whether it is on data security, marketing practices or floating an IPO. Should this be music to the ears of Indian start-ups and home-grown private equity (PE) funds? Ask Indian start-ups and the answer is a resounding "yes".
A WhatsApp spokesperson said the update 'does not impact the privacy of personal messages for anyone'.
Sounding bullish on the stock markets, it pegged the Sensex target at 23,000 by December.
Chinese teenager Guan Tianlang, who will become the youngest player to compete at the US Masters in April, is attempting to get into this year's British Open at the Asian International qualifying on Thursday.
While China continues to be the largest engine for growth in Asia, other parts of the region were also seeing significant increases in demand for travel with a fast-expanding middle class providing a 'brighter outlook' for Asian carriers, the latest study by the Association of Asia Pacific Airlines has said.
Even as the prime minister's office and the foreign ministry deepen ties with Washington, the defence ministry cold-shoulders the Pentagon, notes Ajai Shukla.
The financial services industry, especially banking, is in the midst of massive upgrade of existing IT set ups to cope with future regulatory and customer-driven online and mobile services, said Vijay Sharma, vice president & head domain & industry advisory services for banking, financial services and insurance.
Citing the impact of the second wave of the pandemic over the economy and consumer sentiment, Swiss brokerage Credit Suisse has lowered its nominal GDP growth forecast by 150-300 bps to 13-14 per cent, but expects a stronger recovery in the second half as it sees the lockdowns having limited impact on tax collections. Last month, Neelkanth Mishra, the co-head of equity strategy for Credit Suisse Asia Pacific, and India equity strategist, had told PTI that he expected the real GDP to fall to 8.5-9 per cent in FY22 due to the more severe pandemic attack. The virus case load has crossed the 25-million mark, death toll from the same is nearing 2.9 lakh mark, which is one of the highest in the world as the test positivity rate has been around 15 per cent for long.
India has the third highest number of billionaires in the world after the US and China, according to a new list by the prestigious Forbes magazine, which said Reliance Industries chairman Mukesh Ambani reclaimed his spot as Asia's richest person, dethroning Chinese business tycoon Jack Ma who was the richest person in the region a year ago.
The worldwide mobile phone sales totaled nearly 426 million units in the first quarter of 2013, a slight increase of 0.7 per cent from the same period last year.
Jet has already confirmed an order for 50 737-MAX planes together with up to 10 777-300ERS from Boeing.
Over the next four-five years, the company plans to set up eight warehouses and new transport facilities.
Even as Barack Obama administration officials believe that the India-US relationship has now "emerged at the world stage" and is no longer a "restricted to narrow" South Asia or subcontinental set of issues, they also concede that America's security partnership with Pakistan over the years still poses challenge to India-US relationship.
Nandi, from the Indian Institute of Science Education and Research in Kolkata, has been doing extensive research on the sun and the different characteristics of solar activity for the last many years.
Giving a push to aviation infrastructure development, government is planning to build 10-15 greenfield airports and modernising 50 others in the non-metro cities over the next few years.
A transgender, a professional diver and a dusky beauty are among the hotties who'll walk at Lakme Fashion Week this season.
The qualification for the 2022 edition of the age-group tournament had been delayed by a year due to COVID-19 pandemic. The remaining five spots will be determined by regional qualification.
Southwest Airlines remains the world's biggest low cost carrier (LCC), according to Centre for Asia Pacific Aviation (CAPA).
Southwest Airlines remains the world's biggest low cost carrier (LCC), according to Centre for Asia Pacific Aviation (CAPA).
Amid escalation of maritime tensions with neighbours and a US military focus shift to Asia Pacific, Chinese military is stepping up its conventional missile capability, polishing its ability to carry out multiplelaunches while preserving its strategic nuclear deterrence.
Unsustainable growth, population, urbanisation & consumption increase impact region's environment
The US Air Force B-1B Lancer bombers from Guam, along with the force's F-15C Eagle fighter escorts from Okinawa, Japan, flew in international airspace over the waters east of North Korea
Allaying apprehensions of an emerging military alliance between them, China and Russia beefed up their ties with 10 "crucial" agreements including setting up Russian nuclear plants and development of commercial aircraft and helicopters.
Amid raging tension in the Korean peninsula, new Chinese President Xi Jinping on Sunday warned that no one should be allowed to throw the region into chaos for "selfish gains", saying future of rapidly growing Asia depends on peace and stability.
While analysts remains overweight on financials, property, discretionary, industrials and materials, they maintain a neutral stance on pharma, telecom and energy; and underweight on staples, utilities, and IT services.
Asian shares dragged their feet on Tuesday.
Noting that India is increasingly getting concerned about China's posture on its border, a top United States intelligence official said on Wednesday that the Indian Army is strengthening itself for a "limited conflict" with China.
China is improving its capacity for operations in cyberspace and developing capabilities to use internet for offensive operations, the Pentagon has said.
Seasoned Indian golfer Jeev Milkha Singh celebrated his 41st birthday in style by winning the Asia Pacific Lifetime Achievement award along with 18-time Major champion Jack Nicklaus and eight-time European Tour Order of Merit winner Colin Montgomerie in Bandar Seri Begawan, Brunei.
From zero revenues eight years ago, Lupin has posted Rs 621 crore (Rs 6.21 billion) in sales last year-that too in a country regarded as one of the toughest markets in the world for generics.
According to Mercer's Asia Pacific Diversity & Inclusion survey, over 90 per cent of the participants listed gender as the main focus of their diversity efforts in India.
You will have to plan it in advance to bag good deals and save at the same time
Sebi on Monday imposed a penalty totalling Rs 15 crore on senior officials of Franklin Templeton AMC and its trustee for violating regulatory norms in the case of winding up of six debt schemes in 2020. However, a spokesperson of Franklin Templeton said they disagree with the findings in Sebi's order and intend to file an appeal with the Securities Appellate Tribunal (SAT). A fine of Rs 3 crore has been levied on Franklin Templeton Trustee Services Pvt Ltd and Rs 2 crore each on Franklin Asset Management (India) Pvt Ltd President Sanjay Sapre and its chief investment officer Santosh Kamat, according to the Sebi order. In addition, the regulator imposed a penalty of Rs 1.5 crore each on fund managers -- Kunal Agarwal, Pallab Roy, Sachin Padwal Desai and Umesh Sharma -- as well as former fund manager Sumit Gupta.
Budget expectations aviation sector.
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According to global deal tracking firm Dealogic, the deal value in the January to June period this year was the lowest first six months deal value recorded since 2009, when $1.09 trillion worth of transactions were announced.
The lack of references to India during the presidential debates showed how inconsequential India is from the point of view of the economy as well as Asia-Pacific tensions, says B Raman
The group would start its India journey with stores in Mumbai and New Delhi.
Barack Obama, who won a second term to the White House on Tuesday against all odds, is a hard-nosed leader with an even-keel temperament, charismatic speaking skills and a knack for consensus-building.
India will surpass the US to lead the global tally of the largest Facebook user base on mobile by 2017, it had forecast.
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