The move, first announced in March 2014, is expected to generate net annualised cost savings of $175-200 million once fully implemented.
In fact, since 2013, China has become the largest market for robots.
'Xi's assumption of absolute power is neither complete, nor irreversible.' 'Nor is it safe, for Xi, for his party, or for his country more generally.' 'And the government knows this,' says Mihir S Sharma.
Clearly, LoCs are becoming a key arrow in India's economic diplomacy quiver.
Congress leaders are worried as to when Rahul Gandhi will get down to undertaking the long overdue AICC
India needs to be alert on how the Doklam standoff plays into the factional infighting in China's Communist Party, says Ambassador Shyam Saran, the former foreign secretary.
In an exclusive chat with Rediff.com, AAP leader Ashutosh says the biggest challenge for the party would be to "develop a model for alternate politics"
'While the GST is structured to be an all-encompassing tax and to create a vastly expanded digital network of recorded transactions, no one knows how traders long used to avoiding taxes will apply their ingenuity,' says T N Ninan.
The deal did not include the FT Group's 50 per cent stake in The Economist magazine.
Thomas Archer Bata says if the tax rate is kept above 20% it will be a very big hit.
The army of the future needs a system of transparency and research. An open sociology of the army is a democratic necessity. An openness of information is a necessity of the army of the future fighting the next peace and next war on behalf of society, says social scientist Shiv Visvanathan.
Helen Brand offers a CA's view on protectionism, money laundering and how India's implementation of Ind-AS will make it more attractive to investors.
In a fitting tribute to Kumar Sangakkara, Sri Lanka skipper Angelo Mathews spoke of Don Bradman and the retiring great in the same breath, calling him the most "consistent batsman he has ever seen".
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
'Washington's silence about India's Article 370 move tells us all we need to know: It doesn't want to rock the boat of a relationship that has navigated some choppy waters but remains a highly important one.'
Recently, he had surprised many by talking of net neutrality
The outgoing Tejas chief said the aircraft will join the IAF fleet by 2021-22.
The superstar manages to retain the trust of consumers across age groups.
'If banning Pakistani artists suits your peace of mind, do it.' 'I am more concerned about our soldiers who have lost their lives, and their families.' 'So my question is to those people, who are banning artists: What have they done for our soldiers and their families?'
The endorsement career of India's megastar Amitabh Bachchan displays his relevance in diametrically opposite roles and product categories.
'If the BJP wins UP and one or two other states, it could get emboldened and press ahead with its reckless agenda, as well as its divisive agenda.' 'If the BJP fails to form the government in UP and suffers a setback in Punjab and maybe one other state, it could go either way: It could become more reckless or pull back, pause and take stock, moderate its position.'
The amount millenials spend on eating out is changing everything about the eating-out business.
Entities like CarDekho, Cartrade and a host of other online players went live even as Carnation, former Maruti managing director Jagdish Khattar's first entrepreneurial venture, was searching for the right business model, says Ajay Modi.
'An internationally established price of crude will encourage more players to invest in India, leading to enhanced domestic production which can be made available to domestic refineries,' recommends Anil Agarwal whose company Vedanta Resources has a controlling stake in Cairn India that operates the country's biggest onland oilfield in Barmer, Rajasthan.
Together, they controlled nearly Rs 26 lakh crore of assets at the end of FY16.
Most equity schemes have more than doubled their NAVs in 8 years, even if they entered at the pre-Lehman crisis peak
Modi will reach Bangladesh capital of Dhaka on Saturday morning.
Bhendi Bazaar faces a fairytale future as the Dawoodi Bohras initiate a Rs 3,000-crore project to change it from a squalid marketplace to a swanky neighbourhood, says Ranjita Ganesan
The unemployment situation is becoming increasingly acute.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
Financial globalisation - or ultra globalisation - has done more harm than good to the majority of economies, say Anshuman Gupta & Karunakar Jha.
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Senior company officials said the funds would be used to expand its financial services business in rural India where the group would be opening more branches.
Akshay Kumar seems to be the closest to inheriting the brand appeal and position enjoyed by Amitabh Bachchan. We tell you why.
While the first wave of moving work to India was driven by cost considerations, increasingly companies are banking on local talent to add value to their business by jointly developing products and solutions.
Burjis Godrej, 25, son of Nadir Godrej will join Godrej Agrovet in July
There has been a welcome focus on fundamental reforms, time-bound programmes that fix accountability and the use of technology. The upcoming Budget could build on these initiatives, says Abhas Jha.
