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India
Concentrix launches service to counter data fails in India
New Delhi, March 30 (IANS) Making a large investment in the analytics space to build capability and offer services to counter data fails in the country, leading global high value services provider Concentrix has made its business intelligence and reporting (BIR) services available in India.
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India
India sets rules for foreign investment in e-commerce sites
New Delhi, March 30, 2016 (AFP) -India has set rules for foreign investment in online marketplaces, allowing up to 100 percent overseas ownership and providing much-needed clarity as billions of dollars pour into the country's fast-growing e-commerce sector.
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India USA
Sensex zooms 438 points on dovish Fed, Nifty up 138 points
Market benchmark Sensex surged by 438 points to snap a two-session losing run, tracking firm global trend after the US Federal Reserve softened its stance on rate hikes, while value-buying in recent losers also helped the index post biggest single-day rally in nearly a month.
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Giappone
Foxconn agrees to buy Sharp for ¥389 billion
aipei/Osaka Hon Hai Precision Industry Co. agreed Wednesday to buy control of financially struggling Sharp Corp. for ¥389 billion ($3.5 billion) in the first takeover of a major Japanese electronics producer by a foreign company. The agreement by Hon Hai, also known as Foxconn, followed weeks of uncertainty over what ...
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Giappone
Hitachi, Sagawa Express agree to buy stakes in distribution businesses
Hitachi Ltd. and Sagawa Express Co. agreed Wednesday to buy stakes in each other’s distribution businesses as competition among Japanese logistics companies intensifies. Hitachi Transport System Ltd. will buy 20 percent of Sagawa Express Co. for ¥66.3 billion ($591 million) from its parent SG Holdings Co., according to a joint ...
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Cina Giappone
Toshiba agrees to sell white goods unit to China’s Midea for ¥53.7 billion
Toshiba Corp. said Wednesday it has agreed to sell an 80.1 percent stake in its home appliance unit to China’s Midea Group Co. for about ¥53.7 billion ($473 million) as the industrial conglomerate proceeds with restructuring following a massive accounting scandal. Under the agreement, Toshiba will keep the remaining 19.9 ...
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Giappone
Dollar tumbles to ¥112 on dovish Yellen remarks
The dollar tumbled to levels close to ¥112 in Tokyo trading on Wednesday as expectations of an early additional rate hike by the U.S. Federal Reserve receded due to dovish remarks by Fed Chair Janet Yellen in her speech overnight. At 5 p.m., the dollar stood at ¥112.07-07, down from ...
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Giappone
Takata said to put worst-case recall costs at $24 billion
A source familiar with the matter says Takata estimates a callback of its air bag inflators would total about ¥2.7 trillion. The post Takata said to put worst-case recall costs at $24 billion appeared first on The Japan Times.
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Giappone
Nikkei ends below 17,000 on yen’s rise
Stocks lost further ground on the Tokyo Stock Exchange on Wednesday, weighed down by the yen’s strengthening against the dollar, with the Nikkei average ending below 17,000 for the first time in a week. The 225-issue Nikkei average shed 224.57 points, or 1.31 percent, to close at 16,878.96, its first ...
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Giappone
Missile-maker adapts guidance systems for self-driving cars
Mitsubishi Electric Corp., a supplier of air-to-air missiles to Japan’s armed forces, is looking to adapt the technologies it originally developed for military use to help autonomous driving cars detect obstacles and avoid collisions. Components such as millimeter-wave radar, sonar, sensors and cameras — some of which were developed to ...