The $22.8 billion CK Hutchison ports deal intensifies geopolitical tensions between the US and China. Chinese media has already called it 'a betrayal of all Chinese people'. Shyam G Menon explains how the proposed sale will reshapes global trade infrastructure.
While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.
'China's moves are of direct significance to India, which will closely monitor Chinese naval activity in the Bay of Bengal and the Indian Ocean not least because of Chinese maps depicting claims over the Andaman and Nicobar Islands.'
Admiral Colombage said that President Gotabaya Rajapaksa would have an India first approach as the key to strategic security.
China's high-tech research vessel 'Yuan Wang 5' is on a 'mission of peace and friendship' and its docking at a Sri Lankan port will deepen bilateral relations in the field of space, science and technology, according to the controversial ship's captain.
The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.
The coming together of the Quad and the Australia-UK-US grouping would be a formidable adversary, moving toward the creation of a 'thousand ship navy' that reins in the PLA navy in the Indo-Pacific.
The scrutiny started when it came to the government's notice that Shelf Drilling, a company that operates one third of ONGC's contracted jackup rig and earns a revenue of close to $220,000 a day, has China Merchant Group as its single largest shareholder.
The US election campaign has provided plenty of ammunition for the CCP to make its case that its political system is superior.
The shopping day, similar to Cyber Monday and Black Friday in the United States, comes less than eight weeks after Alibaba's record $25 billion public share listing in New York.
The website will operate as a marketplace similar to Alibaba's China-based TMall, which offers virtual store fronts to merchants who set their own prices and handle their own logistics for nearly everything but payments, the newspaper reported.
According to the CEO of an Indian group with presence in the telecom segment and two merchant bankers, the Mexico-headquartered telco's bankers have been sounded out for preliminary discussions with leading Indian telecom companies for a strategic tie-up.
The government's move to sell enemy shares comes when it is struggling to meet its target of raising Rs 800 billion from the sale of State assets in the fiscal year ending in March 2019. The Custodian of Enemy Property of India holds around Rs 3,000 crore worth of equity shares besides land and property across India.
Joint venture to take on Amazon will be announced next week.
Move could be aimed at integrating operations with Indian subsidiary.
In the metal pack, Tata Steel was up 3.7% while Vedanta was up 1.8% .
The mobile wallet player plans to add more Chinese sellers to its e-commerce platform and boost technology for its soon-to-be-launched payments bank
While most banks in India store all this data on Indian servers in their core banking systems, the current directive addresses new-age payment and fintech companies operating in the space
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
'One good thing that has come out of all this is that it shown people that online ordering is the way forward.'
Monsoon is expected to be normal in June.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
The Sensex had bounced back with gains of 94 points or 0.3%
Pharma major Lupin and mortgage lender HDFC were the top losers.
Markets in green tracking firm global cues.
Contract finally given for Rs 2,400-cr project, with GIFT City-like features
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
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