Britain seeks closer ties with India: 1 billion investment
NEW DELHI/LONDON -Britain and India announced 1 billion pounds ($1.39 billion) of private-sector investment and committed to seek a free trade deal as Prime Minister Boris Johnson hailed a new era in bilateral relations on Tuesday. Johnson held a virtual … Continue reading Britain seeks closer ties with India: 1 billion investment
Hong Kong bans flights from India, Pakistan, the Philippines
HONG KONG – Hong Kong will suspend flights from India, Pakistan and the Philippines from April 20 for two weeks after the N501Y mutant COVID-19 strain was detected in the Asian financial hub for the first time, authorities said in … Continue reading Hong Kong bans flights from India, Pakistan, the Philippines
India: Virus restriction rules relaxed
NEW DELHI — Many Indian states eased lockdown restrictions on Tuesday, allowing more businesses and public areas to reopen to reduce economic pain caused by the coronavirus, even as the country’s new daily infections remain the highest in the world … Continue reading India: Virus restriction rules relaxed
Coronavirus: Hong Kong bans Air India flights
Hong Kong – Air India has been banned from flying to Hong Kong for two weeks for carrying too many passengers infected with Covid-19. The government acted after linking 11 imported cases on an Air India flight from Delhi on August … Continue reading Coronavirus: Hong Kong bans Air India flights
India: Import hurdles for Chinese products
NEW DELHI/SHANGHAI – Chinese firms like Xiaomi are facing delays getting approvals from India’s quality control agency for their goods, five industry sources told Reuters, as the business environment deteriorates after a clash on their Himalayan border.Greater scrutiny of Chinese … Continue reading India: Import hurdles for Chinese products
Kamala Harris: Heritage formed her career
NEW DELHI — Kamala Harris is lending her prosecutor’s instincts to the U.S. Democratic Party’s battle against President Donald Trump, as Joe Biden’s running mate. She also brings lessons learned during walks on the beaches of India with her maternal … Continue reading Kamala Harris: Heritage formed her career
India: SoftBank’s next big crisis ?
New Delhi — In India, tech startups have been caught in SoftBank’s cycle of overfunding, bloated valuations and vague paths to profit. Some, sensing danger, have corrected course. Others may hold the seeds of the investment giant’s next crisis. (Nikkei)
Singapore: Qoo10 e-commerce platform acquires ShopClues
New Delhi – Online marketplace ShopClues is being acquired by Singapore-based e-commerce platform Qoo10 in an all-stock deal bringing to an end a prolonged hunt by the Indian e-tailer for a buyer. The transaction is learnt to have valued ShopClues … Continue reading Singapore: Qoo10 e-commerce platform acquires ShopClues
China and India: Terrorism a common challenge
New Delhi – The Modi-Xi meeting is aimed at mending ties strained by India’s decision to split Jammu & Kashmir state into two. China, which claims part of the area’s Ladakh region, is also a close ally of India’s rival, … Continue reading China and India: Terrorism a common challenge
India: Foxconn to begin assembling top-end iPhones
Mumbai/Delhi – Apple Inc will begin assembling its top-end iPhones in India through the local unit of Foxconn as early as 2019, the first time the Taiwanese contract manufacturer will have made the product in the country, according to a … Continue reading India: Foxconn to begin assembling top-end iPhones