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  • Indian court approves Tata's $1.17bn payment to Docomo

    MUMBAI -- A long-running dispute between NTT Docomo and the Tata group was finally resolved Friday as a court gave the go-ahead for India's leading conglomerate to compensate the Japanese mobile carrier for a failed tie-up.The High Court of Delhi ap

    April 29, 2017 02:00 am JST
  • Kia Motors building $1.1bn plant in India

    NEW DELHI -- South Korea's Kia Motors is entering India, the world's fastest growing car market with over 3.3 million units sold in 2016.Kia is a sister concern of Hyundai Motor, which entered the country 20 years ago and has 17% of the passenger ca

    April 28, 2017 10:08 pm JST
  • India shares post best weekly gain in six weeks on strong earnings

    MUMBAI (NewsRise) -- Indian shares recorded their best weekly gain in six weeks, driven by better-than-expected corporate earnings and a rebound in global risk appetite. However, the stocks edged lower on Friday as some investors booked profits on s

    April 28, 2017 09:19 pm JST
  • India's multiplex operators' shares perk up as long-awaited movie draws crowds

    MUMBAI (Nikkei Markets) -- The release of a much-awaited sequel to a blockbuster fantasy epic has India's multiplex stocks and moviegoers in a tizzy.Shares of PVR, India's largest cinema chain operator, and those of Inox Leisure rose to a 52-week hi

    April 28, 2017 09:10 pm JST
  • Japan's bullet train poised to supercharge India's economy

    TOKYO -- Japan's shinkansen is heading to India. A project debuting the country's bullet train technology on the Asian subcontinent is getting underway, with a work commencement ceremony scheduled to take place before the end of the year. Next stop:

    April 28, 2017 03:44 pm JST
  • Maruti Suzuki India reports 16% rise in Q4 net profit

    NEW DELHI -- Maruti Suzuki India, the country's largest passenger car maker, on Thursday reported a 15.8% year-on-year increase in fourth quarter net profit at 17.09 billion rupees ($266.5 million), owing to factors such as growth in volume and a ri

    April 28, 2017 01:11 am JST
  • $39 flights to India's remoter destinations

    MUMBAI -- Prime Minister Narendra Modi inaugurated a flight on Thursday from New Delhi to Shimla in northern India under the UDAN regional connectivity scheme, which aims to promote affordable air travel to secondary destinations.The flight was oper

    April 28, 2017 12:30 am JST
  • Asia-Pacific leads global business travel

    BANGKOK -- Business travel within Asia is growing at twice the pace of the rest of the world and looks set to overtake the top-spending Americas within 10 years, according to research by the World Travel and Tourism Council, a leading industry body,

    April 27, 2017 11:20 pm JST
  • India shares snap three days of gains as ITC falls

    MUMBAI (NewsRise) -- Indian shares snapped a three-day winning streak on Thursday, retreating from record highs, as traders squared off positions in stocks such as ITC on expiry of monthly derivatives contracts.The BSE Sensex index declined 0.3%, or

    April 27, 2017 08:59 pm JST
  • India's first state-owned company IPO in five years to open next month

    MUMBAI (NewsRise) -- The initial public offering of state-run Housing and Urban Development Corp., or Hudco, will kick off in the second week of May, marking the first IPO by an Indian government-owned company in five years.The share sale of Hudco,

    April 27, 2017 08:47 pm JST
  • The long, frustrating quest for free trade in Asia

    SINGAPORE -- It was a punch in the gut for Jenesis (Shenzhen) when the U.S. called it quits on the Trans-Pacific Partnership. Just like that, the contract electronics manufacturer's very raison d'etre was thrown into question.Jenesis, which supplies

    April 27, 2017 12:00 pm JST
  • Think the RCEP is about free trade? Think again

    SINGAPORE -- Delegates from Pakistan's remote Khyber Pakhtunkhwa province were all smiles as they signed an economic cooperation agreement with China on April 17."We have set the stage to begin [a] journey of industrialization," the province's chief

    April 27, 2017 12:00 pm JST
  • Building Asia's capital markets

    Challenges faced by Asian capital markets present huge potential

    The economies of South and Southeast Asia are all in their own unique stages of development, and each capital market faces a different set of challenges. A common theme, however, is that new business opportunities are cropping up across the region.

    April 27, 2017 10:00 am JST
  • Building Asia's capital markets

    New frontiers, new opportunities

    Introduction: Challenges faced by Asian capital markets present huge potentialFor the second year in a row, the Nikkei Asian Review and The Banker, a Financial Times Group publication, have teamed up to produce a special report looking at the state

    April 27, 2017 10:00 am JST
  • Building Asia's capital markets

    Inside India's battle of the bourses

    A new chapter has begun for India's two biggest stock exchanges.One, the BSE, previously known as the Bombay Stock Exchange, is the world's largest bourse by number of traded companies. The second, the National Stock Exchange of India, or NSE, leads

    April 27, 2017 10:00 am JST
  • If US won't lead on trade, China will: Ex-US trade rep

    TOKYO America's withdrawal from the Trans-Pacific Partnership leaves the door open for China to set the agenda in Asia-Pacific trade, warns former U.S. Trade Representative Michael Froman.Now a distinguished fellow at the Council on Foreign Relation

    April 27, 2017 10:00 am JST
  • Think the RCEP is about free trade? Think again

    SINGAPORE Delegates from Pakistan's remote Khyber Pakhtunkhwa province were all smiles as they signed an economic cooperation agreement with China on April 17."We have set the stage to begin [a] journey of industrialization," the province's chief mi

    April 27, 2017 10:00 am JST
  • The long and frustrating quest for free trade in Asia

    SINGAPORE It was a punch in the gut for Jenesis (Shenzhen) when the U.S. called it quits on the Trans-Pacific Partnership. Just like that, the contract electronics manufacturer's very raison d'etre was thrown into question.Jenesis, which supplies el

    April 27, 2017 10:00 am JST
  • Indian Railway's e-ticketing arm set for listing

    NEW DELHI Indian Railway Catering and Tourism Corp., the nation's biggest e-commerce platform with sales of around 550,000 tickets a day, has been cleared for partial privatization.The Cabinet Committee on Economic Affairs chaired by Prime Minister

    April 27, 2017 10:00 am JST
  • Challenges faced by Asian capital markets present unique opportunities

    The economies of South and Southeast Asia are all in their own unique stages of development, and each capital market faces a different set of challenges. A common theme, however, is that new business opportunities are cropping up across the region.

    April 27, 2017 10:00 am JST