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.
Ramaswamy launched the volley of charges against the former South Carolina governor and US ambassador to the UN in Arizona during the Republican Party's fourth presidential debate, which was attended by just four candidates, the other two being former New Jersey Governor Chris Christie and Florida Governor Ron DeSantis.
'It is advisable to stay away from the markets for now and buy only on a dip.'
The senior IPS officer said that 45 percent of cyber financial frauds taking place in the country are originating from the South East Asia.
Some BCCI officials are of the view that unless VIVO backs out on its own in prevailing circumstances, the board should honour the remainder of the contract, which ends in 2022.
A bunch of CEOs in their mid-30s and early 40s are trying to rectify the scenario where shady lending applications trap hapless borrowers with astronomically high interest rates and even bodily harm if the money was repaid. Anup Roy reports.
Information technology industry veteran V Balakrishnan on Thursday criticised the new digital rules, alleging that they appear to be unduly compromising the privacy right of citizens. The two key issues with the new IT rules relate to user privacy, which is a fundamental right, and the oversight mechanism lying fully with the executive arm of the government, said the former chief financial officer of Bengaluru-headquartered IT major Infosys Ltd.
It is part of a global strategy to shrink the footprint. It will be shutting operations in a few countries, including Australia.
A BCCI official confirmed that Unacademy has picked up the bid papers but refrained from making any comments beyond that.
The chemicals sector's recovery could be delayed until FY25 if the current trends of weak demand and flat pricing continue. Following a subdued September quarter, the revenue and profit performance of listed chemicals companies are anticipated to fall short of initial expectations of an improvement. Despite some price stability, the demand trajectory remains uncertain.
However, the Maldives government has no intention of removing the doctors from India at Senahiya, a media report said.
There were reports of a mobile tower being impacted a few months ago in coastal area of Andhra Pradesh that was attributed to hacking by the company's engineers.
China's size and ambition have enabled it to successfully penetrate every sector of the UK's economy, an influential parliamentary panel has said, warning that Beijing's national imperative continues to become a technological and economic superpower on which other countries are reliant, which represents the "greatest risk" to the UK.
India and Vietnam are vying with each other to woo semiconductor companies to their country. With the tension between the US and China escalating, and Taiwan getting vulnerable both countries are trying to present themselves as alternative destinations for global players. Vietnam, which started the effort as early as 2010, has got a leg-up after US President Joe Biden's visit last month.
Chinese fashion e-commerce platform Shein is expected to make a second entry into India and has tied up with Reliance Retail for this, according to a source in the know. The source said as part of the tie-up, Shein would source goods from India for its global operations. Also, the manufacturing of its products could happen in the country and they could be exported.
Newgen Software said it has developed a Chinese version of its software product on document management and workflow to enter the Chinese market.
Lenovo, Xiaomi, Vivo, Gionee lead the onslaught, beating Indian and global brands with smart deals and astute image management measures.
Singapore-based e-commerce platform Shopee - that launched in India only in December 2021 - has decided to close operations in the country. The official reason given by Shopee, which is controlled by NYSE-listed Sea Ltd, is changing global sentiments. In a statement, it said, "In view of the global market uncertainties, we have decided to close risks of our early-stage Shopee India initiative." The e-commerce platform has been hit by growing opposition from trade associations led by Praveen Khandelwal as well as homegrown social commerce start-ups.
The CBI registered an FIR against NewsClick and its founder Prabir Purkayastha for alleged violation of the Foreign Contribution (Regulation) Act and carried out searches at the office and residence of the portal's founder on Wednesday, officials said.
'Indians are basically liked because they are educated, they are intelligent.'
'On the final product, there can be an increase of a minimum of 10 per cent in February and March.'
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.
The Gurgaon-based company, which is in negotiations with Chinese banks, expects to clinch the loans by September.
The new entrants are young, enterprising Chinese men and women who want to tap into the promising Indian market.
Passenger vehicles, motorcycles, bikes and commercial vehicles made their presence felt at the Munich Auto Show.
In a few years there may be 100 Japanese companies in Gujarat, while Chinese firms may commit investments of over Rs 6,000 crore.
Indian telecom operators came out in open support of Chinese equipment makers, saying the government cannot deprive Indian consumers of the cutting-edge technology which these companies offer by denying security clearance to them.
Going by the RBI directive and the overall narrative, Paytm may have lost the rigour of stress tests, audits and compliance.
A report in the Indian Express claimed that the range of targets in India identified and monitored in real time by Zhenhua Data Information Technology Co Limited was "sweeping" and included President Ram Nath Kovind, Prime Minister Narendra Modi, Congress' interim president Sonia Gandhi, and their families, as well as several chief ministers, among others.
The decision comes weeks after killing of two Chinese nationals who entered the country on business visa.
Funding winter and corporate governance woes separated the men from the boys in the country's startup space in 2023 that saw funds into the segment tapering to just around $8 billion. All said, investors are hopeful of strong growth of the maturing startup ecosystem in the new year. Edtech and health tech segments that grew exponentially during the pandemic plunged into an abyss of financial uncertainties, with several firms shuttering their business, and valuation of prominent players like BYJU'S and PharmEasy plummeting 85-90 per cent.
The re-opening of the Chinese economy, as it moves away from its zero-Covid policy, could help stabilise commodity prices, according to some of the country's top metal companies. They view this as a positive for demand, at a time when markets such as the US and Europe have been largely weighed down by slowdown concern now. "Most of us in the metals business are hoping the Chinese economy picks up because half of any metal demand, including demand for aluminium, comes from China.
The minister further said state discoms should not give orders for supply of equipment to Chinese firms.
Indian phone company Lava reveals a new strategy, reports Arnab Dutta.
Not only is Chinese equipment being deployed by quite a few power companies in the country, Chinese manpower is also employed in large numbers in the country.
Chinese telecom companies operating in India said there is no justification for India's security concerns about their equipment and the current de facto restrictions smell more of commercial fears, chinese news site globaltimes.cn reported on Monday.
The attack was claimed by the outlawed Baloch Liberation Army (BLA) which said it would not tolerate 'any Chinese military expansionist endeavours on Baloch soil'.
Positive cues from China - which accounts for 56.5 per cent of global crude steel production - are likely to keep demand-supply in balance and provide support to prices. All eyes have been on China, which opened after New Year holidays, as it was widely expected that prices would recover post-holidays after the weakness in January. Jayanta Roy, senior vice president, ICRA pointed out, barring last year when Covid-related restrictions affected China's steel demand in February 2020, historical trends show a typical upward movement in steel prices post-new year festivities. China's opening post-holidays was keenly awaited, especially in the wake of the sluggishness in the market in January.
Chinese company Tencent Games on Friday said it was terminating all services and access for PUBG Mobile users in India to comply with the government's order of last month.
