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  • Suzuki aims for car that gets 40km per liter

    TOKYO -- Suzuki Motor says it will create cars that can run for 40km per liter of gasoline by improving its existing technologies. The moves comes as Suzuki seeks to reinforce its presence in emerging economies, where demand for efficient cars i

    April 17, 2014 01:00 pm JST
  • Tata Consultancy refocusing on quality

    MUMBAI/TOKYO -- Tata Consultancy Services, India's largest IT services company, has enjoyed consistent success over the past several years. But as it reaches the limits of a business model reliant on force of numbers, it is aiming higher at more sop

    April 17, 2014 05:19 am JST
  • India may no longer be able to take advantage of restructured-loan magic

    Voting in general elections has begun in India, where expectations for a higher economic bounce are growing. Some of those expectations are coming from the Mumbai stock market, which has been booming this year. The benchmark CNX Nifty Index climbed

    April 17, 2014 12:00 am JST
  • Fast-growing Asian companies set to take on world

    IHH Healthcare, Jollibee Foods, VGI Global Media -- these companies are not exactly household names in most countries. And they are dwarfed by their Western counterparts, say, Hospital Corporation of America, McDonald's or Publicis Omnicom Group. Bu

    April 17, 2014 12:00 am JST
  • Emerging markets grow their own corporate giants

    To find the business giants of the future, The Nikkei Veritas has created a list of companies with high return on equity in emerging countries, as well as some that satisfy certain requirements, including high return on sales. VGI Global Media is

    April 17, 2014 12:00 am JST
  • Emerging-economy investors banking on reform

    As investors seek to identify emerging-market countries that are both politically stable and economically promising, a clear dividing line can be drawn between those that have good prospects for reform and those that do not. In Indonesia, Jakart

    April 17, 2014 12:00 am JST
  • Daiichi Sankyo draws line under Ranbaxy debacle

    TOKYO -- Daiichi Sankyo is cutting its losses with Indian subsidiary Ranbaxy Laboratories. It is selling the unit off after quality-control issues turned the six-year-old purchase into a major liability for the Japanese pharmaceutical company. R

    April 17, 2014 12:00 am JST
  • Indian Ocean nations eye stronger 'blue economy'

    TOKYO -- Attempts to foster economic cooperation are gathering momentum among Indian Ocean nations. The Indian Ocean Rim Association is an organization made up of 20 countries with a combined population of over 2 billion people. It covers a vast

    April 17, 2014 12:00 am JST
  • Mahindra & Mahindra bets India will love electric cars -- eventually

    MUMBAI, India -- Indian automaker Mahindra & Mahindra has made a name for itself as a pioneer in the country's SUV market. But now, looking to cultivate new demand in one of the world's most populous countries, the company is aiming to outpace its r

    April 16, 2014 07:00 pm JST
  • Japanese carmakers turning Asia into global factory

    TOKYO -- Japan's six major automakers, including Toyota, Nissan and Honda, plan to increase total production in Asia by about 30%, aiming to churn out over 10 million vehicles a year there as early as 2017. The addition of 2.38 million units in

    April 16, 2014 04:12 am JST
  • 'Fragile Five' currencies rally on waning US interest rate fears

    TOKYO -- Emerging-market currencies are rebounding as concerns subside regarding U.S. monetary tightening in the near term. Currencies of the so-called Fragile Five nations -- Turkey, South Africa, India, Brazil and Indonesia, had fallen prey to

    April 16, 2014 03:23 am JST
  • Stephen Grenville: IMF ignores its own data on emerging economies

    Christine Lagarde, managing director of the International Monetary Fund, told the Group of 20 summit in St. Petersburg last September: "Just as some advanced economies have begun to gather momentum, many emerging markets are slowing." With this warn

    April 15, 2014 01:00 pm JST
  • Frederic Neumann: The big worry for Asia

    It's been quite a ride for Asia over the past year. A nice rally in the first few months of 2013, then a relentless sell-off as investors threw their "taper tantrum," and subsequently another solid market recovery. The question remains, however:

    April 15, 2014 01:00 pm JST
  • Mobile Internet elite to gather in Japan, India

    BEIJING -- Great Wall Club, a Chinese company that promotes information exchanges and relationship building among the movers and shakers in the mobile Internet industries of the world, plans to hold sessions of its marquee conference in Japan and In

    April 15, 2014 03:00 am JST
  • Hitachi to expand ATM business in India

    TOKYO -- Hitachi will double the number of ATMs owned by its Indian subsidiary to 50,000 within two years. With payment system infrastructure in India seen improving as its economy grows, Hitachi aims to boost ATM-related sales there to 30 billi

    April 12, 2014 04:54 am JST
  • New-car sales down in India, brisk in China

    MUMBAI/BEIJING -- New-car sales in India fell for the first time in five years during the year ended March 31, according to industry data released Friday. New passenger cars and commercial vehicles sold a combined 3,136,423 units, down 9% on the

    April 12, 2014 01:16 am JST
  • Chat app Line aims to keep India talking

    TOKYO -- Line, the Tokyo-based operator of the free call and messaging app of the same name, entered India last July. So far, the app has more than 18 million users there. The company has localized the app's services, such as creating new s

    April 11, 2014 07:00 pm JST
  • Stable rupee sends Indian stocks higher

    SINGAPORE -- The Bombay Stock Exchange Sensex index hit a record high for the second straight trading day Thursday, thanks to stock purchases by foreign investors. They are buying shares in banks, including the country's largest bank, State Bank of

    April 11, 2014 12:20 pm JST
  • Toyo Engineering wins LNG regasification project in India

    MUMBAI -- Toyo Engineering has received an order covering liquefied natural gas regasification equipment for an import base in the western Indian state of Gujarat. The order is for engineering, procurement and construction of LNG regasification

    April 10, 2014 05:11 am JST
  • Emerging markets seen dialing up smartphone growth

    OSAKA -- The driving force behind the roughly 20% growth projected for the global smartphone market this year will not be industrialized nations but such emerging markets as China, India and Indonesia. According to some estimates, smartphone sal

    April 10, 2014 05:01 am JST