Even three months back, it was trailing Samsung and Nokia in market share in overall handsets.
Seven Indian cities - Mumbai, New Delhi, Chennai, Hyderabad, Kolkata, Pune and Bangalore have all moved up by 14-21 ranks in the survey titled 'Worldwide Cost of Living Ranking 2007' prepared by Hong Kong-based solution provider for international HR professionals ECA International.
The home-grown company has recently become the largest mobile phone seller in India. Vipul Vivek explains why Micromax devices have caught the fancy of users.
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
Ahead of the key vote by Hutchison Telecom shareholders on sale of Indian assets to Vodafone, the Hong Kong-based firm and its minority partners in Hutch-Essar have asserted that their investments met foreign direct investment norms
Severe jolt to Sahara Group, strict scrutiny of mining activities and scrapping of licences for 2G spectrum dominated the corporate legal battle in 2012 in the Supreme Court which gave a decisive victory to telecom major Vodafone in a Rs 11,000 crore tax case.
China has shut down more than 100 privately-run news websites since May this year, defending the move as part of a campaign against extortionists, but critics alleged that it was a crackdown on citizen journalists.
Amid a government scrutiny into the alleged breach of FDI norms by Hutchison Telecom International, the Hong Kong-based firm on Monday asserted its Indian mobile venture Hutch Essar Ltd (HEL) did not violate any regulations.
'In Hong Kong, I felt part of a community. In America, I never have,' says novelist Kavita Daswani.
Hutchison Telecom, the Hong Kong- based mobile major, on Tuesday said its first-half profits ended June have risen from the sale of its Indian assets to UK's Vodafone that included a one-time gain of Hong Kong dollars 69.3 billion.
Air travel may have become considerably easier in India, but airport lounges still leave a lot to be desired. Often, there is no space to stretch out for a nap or have a shower.
Red tape and corruption continue to affect businesses in India.
The Macau Grand Prix suffered a second fatal accident in two days on Friday when a Hong Kong-based touring car driver died in a crash during qualifying on the street circuit, organisers said.
India has topped a list of the most 'over-regulated countries in the world' in a survey on Asian business and politics by Hong Kong-based Political and Economic Risk Consultancy Ltd.
Leading Indian companies-- ITC Ltd and Reliance Industries Ltd (RIL)-- have received top rating in Asia for their corporate social responsibility (CSR) initiatives, according to report by the Hong Kong-based brokerage and investment firm, CLSA.
The Bombay High Court had last week dismissed Vodafone International's petition challenging the Indian tax authorities demand of Rs 12,000 crore (Rs 120 billion) in tax over the Hutchison deal.
Vodafone on Wednesday said it will offload its entire 3.2 per cent shareholding in China Mobile, a divestment that will fetch the British telecom major about 4.3 billion pounds.
Hong Kong-based Finance Asia conducts the annual poll to find Asia's top companies in different categories, including Best CEO, it said. In the best managed company category, HDFC Bank came third while in corporate governance category, the bank was ranked second after Infosys Technologies.
Sixteen countries in the Asia Pacific were studied by the Political and Economic Risk Consultancy Ltd.
Backed by US-based Hollywood film company Lionsgate Production, Hong Kong-based Tiger Gate Entertainment is all set to launch two English movie channels called Thrill and KIX in the Rs 250-crore (Rs 2.5 billion) domestic English movies market on television. India has around 10 English movie channels with STAR Movies and HBO, the two leaders in terms of revenue and viewership.
Strong currencies may have pushed up the cost of living for expatriates assigned to major Asian locations, but India cities are still among the cheapest places globally for an overseas assignee, a survey says.
Protests broke out in at least two Tibetan-populated Chinese towns of Gansu province this week as middle-school students took to the streets to mark the anniversary of the large-scale protests that were held two years ago. The protests took place despite tight security in Tibetan-populated areas ahead of the March 14 anniversary, the Hong Kong based South China Morning Post reported on Friday.
Hong Kong-based architectural firm, Terry Farrell and Partners would be signing the agreement with the railway ministry next week for preparing the concept plan for the modernisation of New Delhi railway station.
This is the first time Hill & Knowlton, part of the WPP group that has several joint ventures in advertising, is venturing into India in this area. The Hong Kong-based company has presence in more than 41 countries across the globe. The PR business has been attracting the attention of international agencies and many have already set up JVs or signed partnerships with Indian players.
New Zealand and Australia will reassess the security measures put in place for the forthcoming hockey World Cup in India in the wake of the reported terror threats issued to foreign teams during the 12-team quadrennial event.
Vodafone appointed to its board on Thursday a former group managing director at HTIL's parent company Hutchison Whampoa.
The government on Friday cleared British telecom firm Vodafone's application for buying a majority stake in India's fourth-largest mobile operator Hutch-Essar Ltd.
The Foreign Investment Promotion Board has expressed dissatisfaction with the replies given by Hutchison Essar, its Hong Kong-based parent Hutchison Telecom International
Undeterred by the controversy surrounding its acquisition of Hutch-Essar, Vodafone asserted on Monday it was fully compliant with the foreign direct investment regulations as it had 'only stepped into the shoes of Hutchison Telecom.'
Says cap breached on account of Singh, Ghosh stakes.
The dispute between Vodafone and the Ruia-owned Essar Group, its 33 per cent partners in Vodafone-Essar, over ownership of BPL Mobile deepened this week after the UK-based telecom major alleged that Essar had altered the share structure of the Mumbai service provider in violation of a 2006 agreement
Thanks to the entry of global giants into the retail space and a resurgence in manufacturing, the international logistics majors are now busy in acquiring middle level Indian logistics companies to have their presence in the country.
The clarification comes a day after Vodafone signed a shareholders' agreement with the Essar group.
The race for Hutch-Essar, the country's fourth largest mobile service provider, quickened on Wednesday with Hong-Kong based Hutchison Telecommunications International Ltd formally informing the 4 companies in the fray to submit their bids by Friday
The British teleco is bidding hard for cellular operator Hutchison Essar. At stake: the world's fastest growing mobile market-and Vodafone's reputation.
Rise in commodity prices, which has impacted the common man in the country, has surprisingly not hit the expatriates living here and their cost of living in Indian cities has actually become cheaper, a latest survey says.Seven Indian cities - Mumbai, New Delhi, Chennai, Hyderabad, Kolkata, Pune and Bangalore - all witnessed a fall in their global ranks making them cheaper to live in for expatriates.
The United States says China has an important role to play in South Asia, according to a Hong Kong-based Web site.
