...but are we chasing yesterday's dreams, asks Ajit Balakrishnan.
Multinational conglomerate Tata Group has submitted its 'Expression of Interest' to become IPL title sponsor this year, joining education technology company Unacademy and fantasy sports platform Dream11 in a bid to replace Chinese mobile phone company Vivo for one season.
The BCCI and Vivo on Thursday decided to suspend their partnership for the 2020 IPL beginning on September 19 in the UAE amid the clamour to boycott Chinese products amid widespread anti-China sentiment in India.
The software company has already tied up with handset makers such as Intex and Spice.
The number of participating automakers has fallen from 50 in 2018 to 30 this year. The count of exhibitors, including technology companies, has come down from 119 to 112. And showstopper luxury and supercar brands, including Toyota, Jeep, Lamborghini, Porsche, and Volvo will be missing. Similarly, the commercial vehicle makers also gave the show a miss -- a prolonged economic slowdown has dented their fortunes and near chances of any recovery.
If India wants to become a globally competitive manufacturing hub, it will have to rethink the notion that the traditional SMEs will form the manufacturing backbone, argues Prosenjit Datta.
For some inexplicable reason, the army prefers to use Russian armour; Arjun is deployed in only two of its 63 armoured regiments.
Companies in the small-cap universe are having a dream run - the Nifty Smallcap 100 index has shot up more than 25 per cent on a year-to-date basis, even as the benchmark Nifty is up 7 per cent. This is the best start for the index since 2017 when the Nifty Smallcap 100 index surged 32.3 per cent between January 1 and May 10. However, in terms of outperformance to the Nifty, this year's performance is the best in more than a decade. A combination of sectoral tailwinds and lack of institutional selling pressure has helped small companies escape from the correction triggered by the second wave of Covid-19.
News of all that's transpired on and off the football field
Aruna Tanwar enters Taekwondo quarters.
Chinese automakers Great Wall Motors, FAW Haima Automobile, and Changan Automobile, after dithering about entering India for some years, have been encouraged by the robust sales performance of the late entrants Kia Motors and MG Motors even in a slowing market.
'India is still hierarchical, but not as much as Japan and people appreciate a flat working culture,' Charles Frump, managing director, Volvo Cars India, tells Pavan Lall.
Leading automakers Maruti Suzuki India, Hyundai Motor, Kia Motors and Tata Motors reported sales growth in the domestic market in November, aided by robust offtakes amid the festival season. While Maruti Suzuki India reported marginal growth, Hyundai logged in its highest ever monthly sales in November. Others like Honda Cars India, Toyota Kirloskar Motor, Mahindra & Mahindra and MG Motor India also reported sales growth in November as compared with the same month last year.
After dropping Chinese sportswear company Li Ning as India's Olympic kit sponsor, Sports Minister Kiren Rijiju on Wednesday said the country's athletes will not wear branded apparel in the upcoming Tokyo Games even as the Indian Olympic Association (IOA) claimed that the search is on for a new partner.
The auto ancillary industry - one of the worst hit due to the labour exodus - will need at least three months to get its factories up and running.
Mbappe and Benzema inspire France to 2-0 win against Finland
Tech Mahindra is building 5G use cases with US-based hospitals to help manage devices remotely and eventually manage remote surgeries that will require seamless network connectivity.
'Biden's promise of returning to 'normalcy' after Trump appears to mean that the same old politicians, who are responsible for the 'endless wars' in Afghanistan, Iraq and Syria, are being brought out of the woodwork after four years,' notes Ambassador M K Bhadrakumar.
Apple and Samsung are international players and should work as a team with domestic companies to transform India into a global powerhouse: IT Minister Ravi Shankar Prasad.
This week's collection of unbelievably unusual images from across the world.
The BCCI on Friday said it will review IPL's sponsorship deals, including the one with Chinese mobile manufacturing company Vivo, in a meeting next week after 20 Indian soldiers were killed during a clash with Chinese troops in eastern Ladakh. The meeting of the IPL Governing Council will review the yearly Rs 440 crore title sponsorship deal with Vivo among others.
Chinese companies show their prowess among the world's top companies.
It is ramping up capacity in the second facility in Andhra Pradesh, run by Foxconn
Its internet penetration still matches up poorly to other countries
Apple Inc CEO Tim Cook earned roughly the same in 2013 as in 2012, but lost part of his performance-based stock award during a year in which intense competition and margin pressure bludgeoned the iPhone maker's stock.
Expansion of distribution network, venturing into new markets, supplementing production capacity, and ramping up workforce are all on the cards. Instead of trying to fight with brands having massive war chests, it will pass on the benefits to consumers by offering them phones at lower prices.
The report forecasts that by 2020, four out of every five smartphone connections worldwide will come from the developing world.
One of Apple's suppliers, Salcomp, will invest Rs 2,000 crore over the next five years to make components at a Nokia plant in Chennai. The facility, which has been closed for nearly 10 years, will be revived and made operational from March 2020.
Rizwan Kaskar, the son of Ibrahim's brother Iqbal Kaskar, was arrested on Wednesday night from the international airport when he was trying to escape the country.
Both protesters and the authorities in Hong Kong are using complex combinations of technology, reports Devangshu Datta.
The new missile could deliver 2,000 to 3,500 kilograms of payload to any point in the continental US, notes Rajaram Panda.
'Remote Working/Work from Home' strategy has been activated to aid social distancing in the impacted regions. Travel advisory across the organisation has been issued with full precautionary measure.
Chinese sponsorship became a bone of contention after the BCCI declared it would review the deals following the violent clashes between the armies of both the countries in eastern Ladakh.
After gaining 300 million mobile wallet users in India, the firm has now expanded operations to Japan via PayPay Corporation, a joint venture established by SoftBank Corp and Yahoo Japan Corporation.
General Zhao Zongqi is well known in India for having commanded the Chinese troops during the Dokalam episode. Zhao knows every inch and corner of the Indian border, at least the Eastern and Central sectors, including the Naku La area which witnessed fist-fights between Indian and Chinese troops in April/May. Claude Arpi introduces us to the PLA generals masterminding the Chinese aggression in Ladakh.
During the ancient Olympic Games, athletes who emerged victorious were awarded 'Kotinos' or olive wreaths
People on the Ladakh sector of the border with China are compelled to ponder over a heart ripping prospect of a future in China -- a country they viscerally hate for steadily usurping their land. Their swelling disillusionment and popular frustration with India is fraught with grave geo-strategic and national security implications for the country. New Delhi's morbid indifference is indeed frightening, says R N Ravi.
A year after Bharti Airtel launched 4G services, there are only 6.5 mn users in the country
A lot of new technologies developed indigenously were successfully tested in the trial.
To outgoing Vodafone CEO Vittorio Colao, negotiating big deals was an art form, as an international report pointed out after the $130-billion sale of Vodafone's 45 per cent stake in Verizon Wireless, says Nivedita Mookerji.
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