Years after Indian telecom operators have been opting for cheaper telecom equipment from China to boost operational revenues in the booming sector, the Indian Department of Telecommunications (DoT) on Wednesday tightened rules for telecom equipment. The new move,...
The world constantly measures the temperatures of the Chinese and Indian economies to assuage the general health of the global economy, so a slight cooling down this summer has sent shivers worldwide. According to recent industrial data released by both...
The Chinese economy, like the porridge in Goldilocks is either too hot or too cold, never just right. Economy and financial soothsayers do predict a rough season for China, as inflation booms, electricity fizzes out of control, trade tensions tantalize and the...
China’s largest bank, the Industrial and Commercial Bank of China has been granted a business license by India’s Central Bank, the Reserve Bank of India to set up a branch office in Mumbai. Inchin Closer was the first to report on this development more...
Marking its largest investment outside India, and one of the largest investments in China by a software company, Bangalore based Infosys Technologies announced plans to invest between US$125-150 million in the new campus spread over 15 acres and to be developed over a...
The deal was expected and is a natural extension of the growth trajectory of the sino-Indian automotive industry, Beiqi Foton Motor, China’s largest commercial vehicle (CV) maker who recently committed the largest Chinese investment in India (US$ 380 million (Rs...
