Chinese banks -- China Development Bank, China Exim Bank and Industrial and Commercial Bank of China (ICBC) -- will get a lion share of 30 per cent or Rs 7,000 crore in RCOM/RTL/RITL resolution plan, with the DoT getting nothing if the proposed plan goes ahead.
Concerned over the fallout of the Red Sea crisis and severe shortage of containers against the backdrop of a steep decline in merchandise exports in August, the Union government is pulling out all the stops to find a solution. To begin with, the government has devised a strategy aimed at boosting container supply and supporting exporters.
The bribery incident allegedly took place in 2011 when Karti Chidambaram's father P Chidambaram was the Union home minister.
China said it has suspended the project due to security concerns from a third party.
Despite taking a hit on profitability amid the pandemic, companies with strong balance sheets are gaining market share because of consolidation in their respective sectors.
Trump said the spread in the United States of mobile applications developed and owned by the companies in China continues to threaten the national security, foreign policy, and economy of the country.
'However, to establish a quid pro quo, one can potentially see several things, like whether they got any benefits from the party that they gave money to. That is something that people (of India) will gauge. But to finally establish that there was money paid as consideration, it would require an investigation, a proper investigation, to be able to come up with such conclusions.'
Representatives of Apple appeared in a Shanghai court on Tuesday to respond to the case filed by Shanghai Zhizhen Network Technology Co, the developer of a voice technology called Xiao i Robot.
Indian Army officers are convinced China is maintaining the pretence of dialogue and negotiations in order to create the opportunity to occupy more Indian territory. Senior Indian planners apprehend this might be a Chinese ploy to divert attention from Depsang, in Northern Ladakh, which might be China's actual target.
China and the United States were headed for a major diplomatic confrontation as Washington on Wednesday ordered the closure of the Chinese consulate in Houston, a move it said was aimed 'to protect American intellectual property and private information', hinting at cyber espionage.
When Syed Firdaus Ashraf received messages last weekend, asking him to boycott Chinese goods, he laughed.
Tata Consultancy Services (TCS), HCL Technologies and HDFC Bank are among the 50 best public companies in Asia-Pacific according to a compilation by Forbes, which ranked India second behind China as home to the "world's next growth engines".
Scroll through the photographs to see who the date was!
'The recent incident in the US has no bearing in India.' 'We are not aware of any request from the US to India about 5G.'
Chinese equipment contracts had been given by many public sector undertakings and government companies for their networks, even in sensitive places such as the north east.
War on ebay explores Jack Ma's mercurial mind
'Modi has not taken India into confidence over what is happening and what has happened.' 'We have not even officially been told what the position is with respect to the land lost between Fingers 4 to 8,' observes Aakar Patel.
Bringing a local or non-Chinese partner onboard opens up the possibility of legal recourse to have the ban diluted or revoked. However, the process of going through a review committee and setting up local servers might take at least 3-6 months.
'I feel bad for those idiots who threw their Chinese made TVs off their balconies only to see this happen'
They try to hide behind the smokescreen that these are works of fiction inspired by real events. So, you can pick and choose from facts and fictionalise to push the right triggers with your audience or appease the powers that be, observes Shekhar Gupta.
Revenue intelligence officers have detected Rs 4,389 crore duty evasion by Chinese smartphone maker Oppo by misdeclaration of imports, the Finance Ministry said on Wednesday. The Chinese company deals in mobile brands -- Oppo, OnePlus and Realme. During an investigation of Oppo Mobiles India Private Limited, a subsidiary of Guangdong Oppo Mobile Telecommunications Corporation Ltd - China (Oppo China), the Directorate of Revenue Intelligence (DRI) has detected Customs duty evasion of around Rs 4,389 crore.
People's Bank of China's holding in HDFC stood at 1,74,92,909 equity shares, accounting for 1.01 per cent of the share capital of the company as of March-end, as per exchange data.
One thing Beijing must understand is that India is not obsessed with being a threat to China but only wants a rightful place for itself in the world, says Sanjeev Nayyar.
As part of the deal, Hilton will continue to operate the property for 100 years and the 1,413 room hotel will undergo a major renovation.
The government is expediting visa-related issues to bring technicians to India from any country, not just China, as and when required, to ensure the smooth implementation of the flagship production-linked incentive (PLI) scheme aimed at boosting domestic manufacturing. "If those under the PLI scheme need to get their equipment installed, we try to expedite the ability to get technicians into India from any country, whichever it may be," Union Commerce and Industry Minister Piyush Goyal told Business Standard in an interview.
China Construction forms consortium with Gurugram-based realty developer Tulip Infratech for road projects in India
India procured around 5 lakh rapid antibody test kits from the two Chinese firms, Guongzhou Wondfo Biotech and Livzon Diagnostics, and they were distributed to several states reporting rising cases of the coronavirus infection.
The summons were sent to Singham recently on his personal email ID and also through the Chinese diplomatic channels after the ED routed them through the ministry of external affairs, the officials said.
India's exports to China stood at $7.56 billion during the period whereas the imports have jumped to $52.26 billion in April-January
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 the July-September quarter (third quarter, or Q3) of calendar year 2023 (CY23), reveals a recent report by GlobalData, a London-based analytics and consulting company.
NavIC consists of a constellation of seven satellites and a network of ground stations and is touted to be more accurate than GPS.
India must integrate more with East Asia by getting into regional trade arrangements, lower its tariff walls, and improve the quality of its workforce, suggests T N Ninan.
Startup founders need to sit up and think about how not to take stardom for granted and how not to disappoint their fans who have stood in long queues for those precious selfies with popular entrepreneurs, notes Nivedita Mookerji.
BJP leader and Information and Broadcasting Minister Anurag Thakur on Monday charged that China, NewsClick website and the Congress are linked to an "anti-India umbilical cord" as he cited a news report which alleged that companies linked to China were funding the portal.
Forced out of India due to the rising COVID-19 case count in the country, the IPL will allow unlimited COVID-19 replacements considering the delicate health safety situation across the globe.
Chinese mobile manufacturer Vivo will return to sponsor the IPL this season after its attempts to transfer the rights to another company failed to materialise as offers were not upto its "expectations".
The idea behind starting Chingari is not to build a TikTok clone but to position itself as a super app for India like WeChat.
Power transmission infrastructure in 18 major cities could be potentially hacked.
Ramesh alleged that the PM "forced" Defence Minister Rajnath Singh to read a "most wishy-washy" statement in Parliament earlier this week
China is expected to commit investments worth $6.5 billion to set up industrial parks in India and sign purchase agreements of over $3 billion with domestic companies during the visit of Chinese President Xi Jinping starting on Wednesday.
