Chinese stock markets have slumped 30 per cent since mid-June.
Multinational mobile companies such as Nokia, Samsung, Motorola and LG, who dominate the mobile handset space with over 75 per cent of the market share, might face a new challenge. This time it's not from Chinese unbranded products, which have been flooding the Indian market.
A third Chinese airline company, China Southern, will launch direct flights to India this year to tap the increasing traffic potential arising out of booming bilateral trade.
The world's second largest wire rope manufacturer Usha Martin Limited is keen to enter the Chinese market for which it is carrying out a detailed study, its chairman B K Jhawar said on Saturday.\n\n
Honk Kong Stock Exchange-listed Great Wall Motor explores sites at Sanand & Halol.
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.
'Our armed forces are prepared for any eventuality, and God forbid if the balloon goes up, people will get a bloody nose from us'
'How can a journalist be accused of terrorism when there is no overt act of terror committed?'
Although still behind India's $60 billion-equivalent, many Chinese companies are increasingly confident that India's days as king of software outsourcing are numbered. Business Standard spoke to Dr Liu Jiren, founder and CEO of Neusoft, China's largest outsourcing company, about how Chinese outsourcing firms evaluate themselves against Indian counterparts. Edited excerpts:
Singh, accompanied by Army Chief Gen Manoj Pande, also carried out a comprehensive review of India's military preparedness along the Line of Actual Control (LAC) in Arunachal Pradesh and lauded the troops for guarding the border with "unwavering commitment and unparalleled courage."
The report added that Anbang, which has close ties to the Chinese state, has seen its aggressive efforts to buy hotels in the US slowed amid concerns raised by Obama administration officials who review foreign investments for national security risk.
China's multinationals, powerful as they seem, are still beholden to the Communist Party. That's both a blessing and a burden.
'Now that all the early adopters have the electric car, governments are backing down in some countries because they do not have the money to subsidise so much.'
State-owned gas firm GAIL India Ltd is eyeing stake in two Chinese firms implementing a project to supply CNG to Beijing by 2008, before commencement of the Olympics.
A high-level meeting will be convened soon to decide on probing the India operations of Chinese Telecom companies -- 'Huawei' and 'ZTE' -- against the backdrop of the US calling the two firms a threat to American national security.
Traditionally, issuance from Chinese companies dominate the green bond market, but other emerging market economies are coming up fast
Indian policymakers are almost alone, alongside the United States, in seeking a hard and multi-sectoral global decoupling from China in the expectation that it will boost their economies, observes Mihir S Sharma.
They might have made little headway in the market so far, but leading Chinese consumer electronics companies are busy drawing up big plans to expand their footprints in India. After acquiring Anchor Daewoo's appliance business last year, Haier is on the prowl for some local brands. TCL is getting ready to expand its product range to mobile phones and home appliances.
Cheap equipment imports, especially from China, is a major reason for falling tariffs in solar tenders
The company is willing to partner existing players; to begin with commercial vehicle launch.
Prudence demands that in our enthusiasm for expanding our economic ties with China, we should not allow suspect companies such as Huawei a free run of our country and access to our communications network, which could facilitate their collection of intelligence in times of peace and war and paralyse our critical infrastructure during any military conflict.
A piece of slightly negative news can cause a serious setback, warns Debashis Basu.
'Similar to the case of the digital payment system where the government created a public platform and others joined in, we are exploring a similar structure to create a PPP platform where the compute required for AI could be accessed by the small player.'
China has invested millions in Sri Lankan infrastructure.
Tata Motors, Titan Company & Tata Steel come in at second, third & fourth slots.
Pakistan plans to buy the fourth generation stealth fighter aircraft from China to boost its defence capability, according to a media report on Saturday.
Indian apparel brands are looking at China as the new retail destination.
The company shot off its second letter to the Department of Telecom in the last four days, seeking clarifications from the government.
To future CA aspirants, this is what Sanskruti and Shruti Parolia would like to say: 'The journey is long and tough. Be consistent and persistent. The end result will be rewarding.'
One indictment accuses Huawei of trying to steal trade secrets from T-Mobile, and of promising bonuses to employees who collected confidential information on competitors. A second indictment claims the company worked to skirt US sanctions on Iran.
Chinese giant Xiaomi is going for the premium segment with a view to grabbing market share in the Rs 20,000 to Rs 50,000 smart phone market as well as having offerings up to Rs 70,000 where players like One Plus, Samsung, Vivo and Apple are key players. "Two years ago, the Rs 20,000 plus smart phone market which is considered premium in India was very small. "Out of every 100 phones sold, only 10 were above this price mark. "However, in the last two years, it suddenly grew and we thought it was big enough for us to focus on now," said Manu Kumar Jain, managing director, Xiaomi India.
Venture Capital giant Sequoia India & Southeast Asia has rebranded itself to Peak VX Partners. The VC firm will now manage its assets under management (AUM) in the region of over $9.2 billion across 13 funds independently. The rebranding exercise followed Sequoia Capital's break-up into three independent entities across the globe. Besides Sequoia India & Southeast Asia, Sequoia China business has adopted the name HongShan in English (it will
India on Friday launched an aggressive campaign to showcase its IT prowess in China to woo local companies in order to bridge the trade imbalance between the two nations.
After years of giving free passes to counterparts from Korea, Japan, US in the Indian auto market, Chinese automakers had planned a major push to grab the fifth largest car market in the world. But the shutdown of factories and logistics hubs in the country following the outbreak of coronavirus is slowly constricting the business of Chinese auto majors which have recently entered India.
The Enforcement Directorate (ED) on Friday said it has issued show-cause notices to the Indian arm of Chinese mobile phone manufacturer Xiaomi, its chief financial officer and director Sameer B Rao, former managing director Manu Kumar Jain and three foreign banks for alleged violations of the foreign exchange law to the tune of more than Rs 5,551 crore.
India's security concerns over Chinese telecom equipment are groundless, a Chinese trade body has said, asserting that Chinese companies used same technologies as their Western counterparts and banning them was discriminatory.
50 per cent of the flashlights market in the country is dominated by Chinese imports, which have been increasing.
