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Tag Archives: India

Create hurdles for Chinese companies doing business in India: SJM to govt

NEW DELHI: The RSS-affiliated SJM has urged Prime Minister Narendra Modi to create hurdles for Chinese companies doing business in India as China continues to block New Delhi’s attempts to designate Masood Azhar, whose JeM carried out the terrorist attack on a CRPF convoy in Pulwama, as a “global terrorist”. In a letter to Modi, Swadeshi Jagran Manch (SJM) co-convener ...

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No family business for India Inc.'s next-gen

Mumbai/New Delhi: So what? Kavin Bharti Mittal, co-founder of Hike messenger and son of Sunil Bharti Mittal, chairman of Bharti Airtel, shot back when he was asked about carrying forward his father’s name and legacy. Kavin has chosen not to join his family business and ventured out on his own to set up Hike, a messaging platform, and in doing ...

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India Needs Fewer And Mega Banks: Finance Minister

NEW DELHI — Finance Minister Arun Jaitley on Monday said India needs fewer and mega banks to achieve economies of scale in the sector. After the amalgamation of five associates and Bharatiya Mahila Bank with SBI in 2017, the government earlier this year approved the merger of Dena Bank and Vijaya Bank with Bank of Baroda.  “With the experience in the ...

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Singapore-based startup Bigo Technology eyes expansion, to open regional centres in India, Mid-East and US

Mon, Feb 18, 2019 – 3:14 PM UPDATED Mon, Feb 18, 2019 – 5:41 PM SINGAPORE-BASED Bigo Technology will be opening regional centres in India, the Middle East and the US by the end of the year. It plans to invest over US$ 500 million into developing these hubs. The Internet technology company, which has over 40 patents in VoIP/Video related technology ...

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India is turning its back on Silicon Valley

In 2014, a year after Amazon launched its shopping site in India, CEO Jeff Bezos made a splash visit to the nation. Dressed in formal Indian wedding attire, he climbed up a brightly painted truck with an oversized $ 2 billion check. Bezos couldn’t contain his excitement about India, home to the second-largest internet population. “We have surpassed our highest ...

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