Asian Industries news

Industries

Over a six-hour dinner, Sun Hongbin, boss of China’s seventh largest property developer decided to splurge 15 billion yuan to bail out the debt-laden technology conglomerate LeEco. Sun revealed at a press conference on Sunday that his company Sunac China Holdings (01918.HK) has been looking at venturing into non-property business since the past two years.…
01.17 / 04:16
ejinsight.com
The Imperial Energy deal, struck during the previous Congress-led government, has turned out to be a dud, inviting criticism from the national…
The brand expects China to become its top market in less than five years. The post General Motors’ Cadillac sees double-digit sales growth in China this year appeared first on The Financial …
01.17 / 03:58
financialexpress.com
The raids coming days after the CBI searched the homes and offices of a BJD MP, an MLA and a former employee of Chief Minister Naveen…
The stars of ET Woman Ahead say believe in yourself, leverage your strengths, and never try to act like a…
Reliance Retail added 111 stores across various store concepts during the quarter. It operated 3,553 stores across 686…
American computer hardware manufacturer Seagate Technology has closed one of its two assembly factories in China due to weak global demand for laptops, personal computers, and corporate hard-drives, company officials said Monday. The past year has been very challenging for Seagate, requiring many difficult decisions. We had to say goodbye to 14 percent of our colleagues at sites around the world as we have significantly reduced our global footprint, said Mike Small, the company's…
01.17 / 02:59
en.xinfinance.com
Hawaki Submarine Cable and TE SubCom have completed the route survey for the 14,000km Hawaiki transpacific cable system linking Australia and New Zealand with mainland US. With the successful completion of the survey, the companies remain on track to complete the deployment of the cable in mid-2018. Once complete, the carrier-neutral cable system will be the highest cross-sectional capacity link between the US and Australia/New Zealand. It will also link to Hawaii and American Samoa,…
01.17 / 02:17
telecomasia.net
Though running global campaigns across markets isn’t new, advertisers agree that localising is important to create a connect. The post Coca-Cola’s #BrotherlyLove campaign missing the local Indian flavour appeared first on The Financial Ex…
01.17 / 01:36
financialexpress.com
Vodafone Hutchison Australia (VHA), operator of the Vodafone Australia brand, has engaged Ericsson and Cisco to evolve and virtualize the operator's core and IP network. Ericsson has won a contract to lead the transformation program, building the infrastructure as well as delivering an end-to-end operational system. The vendors will deliver a joint architecture solution comprising an Ericsson hyperscale data center system and software components, as well as Cisco's WAN automation…
01.17 / 01:35
telecomasia.net
Daiichi’s move comes as the Singh brothers look to induct an investor in Fortis H…
"In India, the growth forecast for the current (2016-17) and next fiscal year were trimmed by one percentage point and 0.4 percentage point,…
Analysts polled by ETNow said that maintenance shutdowns and sluggishness in petchem business may lead to RIL posting a soft quarter on a sequential…
Chandra's was the first MCA batch in REC, now the National Institute of Technology — Trichy (NIT-T). Chandra also considered chartered accountancy, but finally settled for M…
The delivery of first two Airbus A320neo planes to Air India has been delayed by a month due to engine issues and the national carrier is now expected to induct these more fuel-efficient aircraft next month. The post Delivery of 2 Airbus A320neo planes to AirIndia delayed appeared first on The Financial …
01.15 / 12:48
financialexpress.com
“In 1995, Barkha Dutt joined NDTV straight out of college, and now, after 21 wonderful years together, Barkha has requested that she would like to explore some new opportunities," NDTV said in a statement. The post Barkha Dutt quits NDTV group, likely to start her own venture appeared first on The Financial Ex…
01.15 / 12:07
financialexpress.com
Jadeja and Flipkart were engaged in an epic twitter conversation. The post Ravindra Jadeja, Flipkart troll each other over best ‘Indian All-rounder’ appeared first on The Financial…
01.15 / 10:46
financialexpress.com
"Domestic petroleum consumption grew moderately by 5.4 per cent in nine months of FY17 as compared to a robust 9.6 per cent in FY2016, excluding petcoke volumes, led by moderation in growth of diesel, naphtha and…
Getting "more people into fewer cars" has the potential to cut congestion and, therefore, pollution in urban cities. In India, carpooling and ride-sharing can actually improve urban mobility and global online cab-hailing app Uber has hit the ground running on this count. The post Why Uber is bullish on carpooling, ride-sharing for Indian roads appeared first on The Financial …
01.15 / 07:24
financialexpress.com
Chinese insurance regulator said that a state insurer used an iPhone and a voice recorder to eavesdrop on inspectors. China Insurance Regulatory Commission Shandong bureau said Saturday that the eavesdropping devices were found at the Weifang office of Yingda Taihe Property Insurance. The regulator had been inspecting the Shandong branch. On Jan. 6, inspectors found the iPhone and voice recorder taped under their chairs. Neither Yingda nor the regulator elaborated on how the tapping…
01.15 / 07:03
en.xinfinance.com