Sunil Bharti Mittal-led conglomerate Bharti Enterprises and private equity firm Warburg Pincus will collectively acquire a 49 per cent stake in Haier Appliances India, the local unit of China's Shandong-based Haier group, for an undisclosed amount. The transaction, according to industry sources, values the company at about 15,000 crore.
Analysts believe Tesla will first focus on building the Model Y brand before expanding -- both in terms of volume and models.
Trump has a major decision to take in coming days -- specifically, how to rescue Israel from the attritional war that lies ahead, points out Ambassador M K Bhadrakumar.
Global Times, the Chinese Communist Party government's mouthpiece, said that the broadcaster is responsible "for falsified reporting" on China's handling of the coronavirus in the country.
China's Ambassador to Afghanistan Wang Yu and Acting Minister of Refugee Affairs of the Afghan caretaker government Khalil-ur-Rehman Haqqani attended the handover ceremony at the airport.
The death toll climbed to 2,592 with 150 new fatalities while the total number of confirmed cases increased to over 77,000, health officials said on Monday.
What despots and dictators, jammers and competitors, had not managed to do in 83 years -- what the Soviet Union had failed to counter during the Cold War; what China had failed to crush during the Tiananmen Square uprising -- a US President had succeeded with his own hand, notes Krishna Prasad.
Reliance Industries Limited (RIL), Viacom18 Media (Viacom18), and The Walt Disney Company announced on Thursday that they have completed the merger of Viacom18's media and JioCinema businesses into Star India (SIPL), creating a mega joint venture valued at Rs 70,352 crore. The new entity will be guided by three chief executive officers (CEOs), "who will lead the company into a new era of ambition and disruption", according to a joint statement. Kevin Vaz will lead the entertainment division across all platforms, Kiran Mani will head the combined digital division, and Sanjog Gupta will oversee the sports operations.
China on Wednesday expelled three Wall Street Journal correspondents, the largest expulsion of overseas media personnel from the country in more than three decades, after the newspaper declined to apologise for a column which Beijing criticised as "racist" and tarnishing its efforts to combat the deadly coronavirus epidemic. Chinese foreign ministry spokesman Geng Shuang said China made repeated representations to the US newspaper over the opinion piece which had the headline: 'China is the real sick man of Asia', but regretted that it had not offered a public apology.
'China is well aware of our position. It is not for other countries to comment on the internal affairs of India'
The Canadian government announced that this new requirement will come into effect on January 5, at which point travellers aged two and older will need to provide proof of a negative test before leaving for Canada.
Billionaire Mukesh Ambani-led Reliance Industries has completed the merger of its media assets with the India business of global media house Walt Disney and formed a joint venture with a valuation of over Rs 70,000 crore. The JV will be one of the largest media and entertainment companies in India with a combined revenue of approximately Rs 26,000 crore and will be led by Nita Ambani as its chairperson, according to a joint statement.
Xi said China is ready to work with Pakistan to forge a closer China-Pakistan community of shared future in the new era.
'There is no place in Gaza that has not been bombed and where people have not been killed.'
Dixon Technologies right now is a beehive of activity. It is building a new facility in Noida to make 1.3 million laptops for Taiwanese PC maker Acer. The facility must be up and running in four months. The pace of activity will only increase. Last week Dixon won a similar contract from Lenovo, the Chinese personal computer maker and the third largest information technology (IT) hardware brand in India, to assemble laptops and notebooks. Though the clientele in these two cases is Taiwanese and Chinese, Dixon is a company reaching for the stars with its feet planted firmly in the Indian government's policy.
Putin said the purpose of the West is to weaken, divide and ultimately destroy Russia.
China's official media reported air and ground movement of troops in Taiwan Straits -- the waters that separate China and Taiwan -- as US House Speaker Nancy Pelosi landed in Taipei on Tuesday disregarding Beijing's stern warnings.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Eighty-six deaths were reported in mainland China with 3,399 fresh cases from 31 provincial-level regions, the country's National Health Commission said on Saturday.
The Wuhan local administration earlier announced that people who are not quarantined and seeking special treatment or stranded in the city can leave in batches.
Sony Pictures Networks India Pvt Ltd (SPNI) and Zee Entertainment Enterprises Ltd (ZEEL) on Wednesday said they have signed definitive agreements for their merger following conclusion of an exclusive negotiation period during which both parties conducted mutual due diligence. In a joint statement, the two companies said they have "signed definitive agreements to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations and program libraries". The agreements follow the conclusion of an exclusive negotiation period during which ZEEL and SPNI conducted mutual due diligence, it added.
Leading media firms Zee Entertainment and Sony Pictures on Wednesday said they have received in-principle approval for a merger that will combine both companies' linear networks, digital assets, production operations and programme libraries.
'New Delhi and Washington are now on the same page, on dealing with growing Chinese assertiveness, across the entire Indo-Pacific region,' notes Ambassador G Parthasarathy, Chancellor, Central University of Jammu.
Newly-elected Conservative Party leader and prime minister in waiting Liz Truss is among the senior British politicians known for championing deeper India-UK strategic and economic ties, describing them as a "sweet spot" of global trade dynamics.
The leaders of the two countries "discussed the main aspects of bilateral cooperation and exchanged views on current regional topics, including developments in South Asia," said a brief statement issued by the Russian President's office - Kremlin.
India is expected to be among the top contributors in terms of incremental ad spends in the world, only behind the US and China.
Speaking at CNBC TV 18's business leadership awards event, Sitharaman made it clear that she was not expecting a jump in the number either.
A select 12 matches will also be broadcast in Malayalam via Asianet Plus.
Until 2014, Discovery's channels were distributed as part of a joint venture with Multi Screen Media.
Zee Entertainment last week witnessed shareholder activism that saw an open call for the ouster of promoters and the incumbent management led by Punit Goenka. Besides, Dish TV also faced a similar call earlier this month. The trouble at Zee Entertainment can be gauged from the fact that this is a unique company wherein the promoters own just 3.99 per cent, but fully control the firm.
The photo published by the People's Liberation Army Air Force showing a long-range strategic bomber flying within visible range of Yushan, Taiwan's highest mountain, has caused great concern in Taiwan amid debate about whether the mainland will reunify the island by force, state-run Global Times reported.
Sunil Nayyar moved to India as head of sales for Sony.
The focus shifts almost immediately from celebrations to the challenges faced by the man who powered his party to 303 seats in the Lok Sabha.
The profit boost for studios will in large part be driven by the rush for local-language content from platforms like Netflix Inc
More people from the content side should be running the business of media if the industry has to grow, Bloomberg's Parry Ravindranathan tells Vanita Kohli-Khandekar.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
In first major growth in 5 years, 2,000 advertisers were added in Jan-Sep 2015.
Chanda Kochhar is among the three Indians in Time's Most Influential list.
'If Modi were to be elected, he would be part of a coalition government, and within that he would have to take this minority into account. Muslims cannot relate to the idea of Hindu nationalism. Although it is presented as a pan-Indian idea, it appears to them to be exclusive.'
A definitive guide to the movers and shakers who sit at the helm of the Asian sports boom.