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  • Bharti Airtel

    $9bn investment plan to expand networks

    NEW DELHI (NewsRise) -- Bharti Airtel, India's biggest telecom company, plans to spend 600 billion rupees ($9 billion) over the next three years to expand its network, seeking to fend off stiff competition from billionaire Mukesh Ambani's Reliance J

    November 30, 2015 09:40 pm JST
  • Indian market wrap

    Shares shed 2% in November as Fed rate hike looms

    MUMBAI (NewsRise) -- Indian shares rose marginally Monday, but declined nearly 2% in November as investors stayed on the sidelines ahead of the U.S. Federal Reserve's likely rate increase next month. Optimism that Prime Minister Narendra Modi's

    November 30, 2015 09:16 pm JST
  • IndiGo, SpiceJet

    Indian airlines' fleet expansion gathers pace as competition stiffens

    NEW DELHI (NewsRise) -- Indian airlines, led by InterGlobe Aviation's IndiGo, Jet Airways India and SpiceJet, are stepping up fleet expansion plans as rising incomes spur air travel in the world's second most populous nation, even as several Asian c

    November 30, 2015 08:56 pm JST
  • Climate summit starts in Paris aiming for global emissions deal

    PARIS (Kyodo) -- A U.N. climate change summit started in Paris on Monday aiming for a global agreement on curbing greenhouse gas emissions, with leaders from about 150 countries ready to inject fresh momentum into what are certain to be grueling two

    November 30, 2015 08:30 pm JST
  • Indian aviation

    Vistara unveils 9th Airbus A-320

    NEW DELHI -- India's new domestic carrier, Vistara, a joint venture between Tata Sons and Singapore Airlines, on Monday announced that it has added a ninth aircraft to its fleet of Airbus A-320s. The latest aircraft "will allow us to further enha

    November 30, 2015 08:24 pm JST
  • John McBeth

    So far yet so close to Paris, El Nino riles Indonesians

    As global leaders gathered in Paris on Monday for the United Nations-sponsored summit on climate change, matters at the heart of the summit and global rallies demanding action from leaders were playing out on the other side of the world, in rain-soa

    November 30, 2015 06:15 pm JST
  • Anita Inder Singh

    UK policy contradictions ignore Asian security concerns

    On Nov. 12 Narendra Modi, prime minister of democratic India, addressed the British parliament, less than a month after a speech to the same audience by Xi Jinping, president of authoritarian China. The invitations reflect the U.K.'s sometimes contr

    November 30, 2015 04:50 pm JST
  • World leaders to launch bid for climate breakthrough in Paris

    PARIS (Reuters) -- World leaders will launch an ambitious attempt on Monday to hold back the earth's rising temperatures, urging each other to find common cause in two weeks of bargaining meant to steer the global economy away from dependence on fos

    November 30, 2015 09:06 am JST
  • Brahma Chellaney

    Stability key in Indian Ocean

    The emerging centrality of the Indian Ocean for global trade and energy flows and for a stable balance of power in Asia is sharpening geopolitical competition in the wider region, home to prominent strategic chokepoints such as the Malacca and Hormu

    November 29, 2015 01:00 pm JST
  • COP21 talks

    Negotiations on emission reduction targets to begin Monday

    TOKYO -- COP21 starts Monday, when U.N. member nations begin negotiating how much each will reduce greenhouse gas emissions in an attempt to save the planet's ability to sustain life. Delegates to the 21st Conference of the Parties to the U

    November 29, 2015 01:35 am JST
  • Suzuki Motor

    Indian motorcycle unit seeks to spur growth via Snapdeal's platform

    NEW DELHI (NewsRise) -- The Indian motorcycle unit of Japan's Suzuki Motor has tied up with Snapdeal to sell its two-wheelers via the online retailer, taking on larger local rival Hero MotoCorp, as it seeks to expand its reach in the world's second-

    November 27, 2015 09:06 pm JST
  • Indian market wrap

    Shares rise amid hopes government will power through with tax bill

    MUMBAI (NewsRise) -- Indian shares rose to a three-week high Friday, shrugging off weakness in regional indexes, as investors remained hopeful the government would be able to pass the long-awaited goods and services tax in parliament. The benchm

    November 27, 2015 08:55 pm JST
  • India start-up hiring

    Top taxi app Ola ropes in Infosys veteran as CFO

    NEW DELHI (NewsRise) -- Ola, India's largest taxi-hailing app, has roped in former Infosys veteran Rajiv Bansal as its chief finance officer, marking the latest high-profile appointment by the nation's fast-growing technology startups. Flush wit

    November 27, 2015 08:06 pm JST
  • Profit-growth leaders

    Asia's most dynamic companies go local to thrive

    BANGKOK -- The companies on our Asia300 list are not limited to just large, well-established players like traditional commercial banks and conglomerates. They also include younger businesses striving to make the most of their unique advantages, such

    November 27, 2015 10:00 am JST
  • Idea Cellular

    Buys 4G spectrum worth $500 million, signaling India telecom consolidation

    NEW DELHI (NewsRise) -- Idea Cellular, a part of the $40 billion Aditya Birla Group, has purchased high-speed fourth generation (4G) spectrum from a unit of Videocon Industries for 33.10 billion rupees ($500 million), a sign that a long-awaited cons

    November 26, 2015 11:47 pm JST
  • Indian market wrap

    Shares rise on reform hopes as parliament session begins

    MUMBAI (NewsRise) -- Indian shares rose for the first time in three sessions Thursday, outperforming most regional indexes, on hopes that key legislations, including a much-awaited nationwide tax reform, could be approved by parliament in the winter

    November 26, 2015 11:31 pm JST
  • India aviation

    Axis Bank and Vistara woo frequent spenders

    NEW DELHI -- Axis Bank and Vistara, a new domestic airline joint venture between Tata Sons and Singapore Airlines, are planning a strategic partnership next year with a travel credit card. Axis Bank announced the new card on Tuesday without givi

    November 26, 2015 10:50 pm JST
  • Dr. Reddy's Laboratories

    Drugmaker's shares plunge as FDA issues warning on India sites

    NEW DELHI (NewsRise) -- Dr. Reddy's Laboratories plunged in Mumbai trading, extending its losses this month to more than a quarter of its value, after the U.S. health regulator published a letter that highlighted quality control problems at three of

    November 26, 2015 08:00 pm JST
  • Oil price ramifications

    Gold investors become sellers

    TOKYO -- Gold prices continue to fall as the declining cost for oil assuages investors' fears of inflation. Growing anticipation that U.S. interest rates will start rising soon is also adding to gold's woes. Venezuela snapped the gold market to

    November 26, 2015 07:00 pm JST
  • Jain Irrigation Systems

    Processed foods, foray into finance spur Indian agricultural giant

    JALGAON, India -- At first glance, it is difficult to believe that Jain Irrigation Systems' 1,000-hectare farming and manufacturing site in a little-known city in west-central India is the global headquarters of a multinational corporation that empl

    November 26, 2015 07:00 pm JST