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India
Mukesh Ambani’s telecom bet may rekindle family rivalry
India's richest man, Mukesh Ambani, is muscling into the cable TV sector as part of a media and telecoms offensive that pits him against his once-estranged younger brother Anil and threatens to shake up both industries.
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India
US industry body says India agreed to not issue ‘compulsory’ drug licences
India has given private assurances that it will not grant licences allowing local firms to override patents and make cheap copies of drugs by big western drugmakers, a US business advocacy group said. The comments were made in a report by the US-India Business Council to the US Trade Representative.
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India
Long road for new centres of excellence in India
The long-term sustainability of these new centres is a challenge. India needs at least 600 such institutes to stop 200,000 students migrating to foreign universities each year
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Cina India
India in agrarian crisis, NDA has curbed inflation: Arun Jaitley
Jaitley said that the import of cheap steel from China was hurting Indian manufacturers
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India
Govt to speed up port clearances
The government is lining up a series of steps to cut the time for clearing export and import consignments by half and help reduce the transaction time for Indian traders.
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India
5 PEs vie for IFCI’s 26% stake in SHCIL
At least five private equity investors, including Carlyle, Standard Chartered PE, NewQuest, Tata Opportunities Fund and Blackstone, are in the fray to buy IFCI’s 26% stake in Stock Holding Corporation of India (SHCIL), the largest custodian of securities.
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Cina
Wall Street falls on weak China data, lower oil
China's February trade performance was far worse than economists had expected, with exports tumbling the most in over six years. The report weighed on markets worldwide.
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Giappone
Hon Hai looks to delay signing of Sharp bailout as talks with creditor banks over losses continue
Taiwan’s Hon Hai Precision Industry Co. may delay until next week the signing of a deal to acquire struggling Japanese electronics maker Sharp Corp., due to ongoing talks with Sharp’s two main creditor banks over the firm’s potential future losses, it was learned Tuesday. In the wake of the recent ...
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Giappone
Pepper the robot to offer tailored services in Japanese retail shops
Pepper the humanoid robot will start offering tailored customer services in retail shops by using online data analysis. SoftBank Robotics Corp., which developed Pepper, will start selling the next-generation services this fall with Microsoft Japan Co. as part of their collaboration in cloud robotics, the companies said Tuesday. They did ...
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Giappone
Wind power to produce hydrogen in Fukushima
The Abe government plans to draw up a program by summer to promote wind and geothermal power generation in Fukushima Prefecture to produce hydrogen for use in fuel cell vehicles, officials said. The hydrogen will be transported to the Tokyo area to provide a power source for fuel cell vehicles ...