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  • Ritesh Kumar Singh: US uncertainty is a wake-up call for Indian IT companies

    India's information technology companies are facing unprecedented challenges from narrowing profit margins and U.S. President Donald Trump's restrictive immigration policies. To survive in this new world, they should look at business areas such as c

    March 16, 2017 10:00 am JST
  • H&M, Zara operator fashion aggressive global expansion

    GENEVA -- Two European apparel titans are aggressively expanding their store networks and introducing various brands to new markets, wielding the resources to support a well-rounded growth that rivals appear unable to match.Inditex, which operates t

    March 16, 2017 06:45 am JST
  • Prerna Sharma

    New Delhi's flawed policies weaken pulse on Indian farms

    Beans, peas and lentils, collectively known as pulses, are the main sources of protein for most Indian households. But short-sighted regulations aimed at protecting consumers from food price inflation are hurting farmers, and may fail to address lon

    March 16, 2017 12:55 am JST
  • India shares slip ahead of Fed decision; software stocks fall on rupee gains

    MUMBAI (NewsRise)-- Indian shares edged lower on Wednesday as investors await the U.S. Federal Reserve's interest rate decision. Software stocks declined after the rupee hit a 16-month high.The benchmark BSE Sensex ended 0.2% lower, or 44.52 points,

    March 15, 2017 11:26 pm JST
  • Tata Motors seeks to pare manager jobs amid cost-cutting efforts

    MUMBAI (NewsRise) -- Tata Motors plans to let go several senior managers in a bid to cut costs, as the Indian owner of Jaguar Land Rover seeks to revive profit growth at home, one of the fastest growing automotive markets in the world.The automaker

    March 15, 2017 08:11 pm JST
  • Modi set for reelection after surprise state poll victory

    The overwhelming victory of Indian Prime Minister Narendra Modi's Bharatiya Janata Party in local elections in Uttar Pradesh, India's most populous state, means that Modi will have strong backing for the second half of his term in New Delhi. He is a

    March 15, 2017 08:00 pm JST
  • India charts its own path to economic prosperity

    MUMBAI/NEW DELHI -- A smartphone shop in Mumbai, India's commercial center, displays an array of phones made by Indian manufacturers, as well as locally made products with Chinese brands. A sales clerk proudly called them domestic rather than Chines

    March 15, 2017 04:30 pm JST
  • Apple contractor Pegatron shifts from Chinese labor to automation

    TAIPEI -- iPhone assembler Pegatron, a smaller rival to Hon Hai Precision Industry, will more than double its capital spending on making products for other companies this year to boost automated production and save on labor costs in China."We will i

    March 14, 2017 11:50 pm JST
  • India stocks jump after Modi's BJP secures big win in state polls

    MUMBAI (NewsRise) -- Indian shares surged Tuesday, with the Nifty 50 index hitting a record, as a landslide victory by Prime Minister Narendra Modi's Bharatiya Janata Party in the key Uttar Pradesh state prompted investors to bet for more economic r

    March 14, 2017 09:27 pm JST
  • James Manor

    Modi's challenge does not stop in Uttar Pradesh

    Prime Minister Narendra Modi has won a stunning personal election victory in India's largest state, Uttar Pradesh. This is no small triumph in a state with over 200 million people, more than the entire population of Russia or Japan. It sets him up n

    March 13, 2017 04:25 pm JST
  • Indonesian passenger plane project set to take flight

    TOKYO -- Indonesia's first commercially produced homegrown passenger plane is nearly ready for its first flight, an achievement that would do much to bolster a growing industry. Yet state-run manufacturer Dirgantara Indonesia has a number of hurdles

    March 13, 2017 12:30 pm JST
  • Modi gains reform mandate with Uttar Pradesh poll win

    NEW DELHI -- Prime Minister Narendra Modi's ruling Bharatiya Janata Party has won a resounding victory in India's most populous state, in a result seen as an endorsement of the government's reform program.Beating pollster forecasts to net around 80%

    March 12, 2017 07:00 pm JST
  • How Modi seized landslide victory in India's most populous state

    NEW DELHI -- India's ruling Bharatiya Janata Party, led by Prime Minister Narendra Modi, has won a commanding victory in legislative elections for the northern state of Uttar Pradesh, the country's most populous state and home to 200 million people.

    March 12, 2017 05:55 pm JST
  • Daniel Twining

    India's optimism a useful antidote to Western pessimism

    Americans suffering a crisis of confidence about the future of their country's democratic institutions under President Donald Trump could use a dose of Indian-style optimism. The country's Prime Minister Narendra Modi, elected on a populist platform

    March 12, 2017 04:50 pm JST
  • India's oil industry shake-up may be in the pipeline

    NEW DELHI -- Nearly three years into Prime Minister Narendra Modi's term, India is visibly moving to transform its crowded and woefully inefficient oil industry. Last month, the country's Finance Minister, Arun Jaitley, floated the idea of merging g

    March 12, 2017 01:00 pm JST
  • Modi's party set for landslide win in India's most populous state

    NEW DELHI -- Prime Minister Narendra Modi's Bharatiya Janata Party is poised to win crucial polls in the northern state of Uttar Pradesh, home to one-sixth of India's population.The outcome is seen as an endorsement of Modi's reform agenda -- includ

    March 11, 2017 09:29 pm JST
  • Ritesh Kumar Singh

    Decoding India's GDP puzzle

    Indian Prime Minister Narendra Modi is celebrating quarterly economic growth figures showing that India has retained its status as the world's fastest-growing large economy, despite the chaos caused by the sudden withdrawal in November of most of th

    March 11, 2017 12:12 am JST
  • Volkswagen, Tata Motors plan to cooperate in India

    NEW DELHI/FRANKFURT (Reuters) -- German carmaker Volkswagen said on Friday it had signed a memorandum of understanding to explore a partnership with India's Tata Motors to jointly develop auto components and vehicles for the Indian subcontinent and

    March 10, 2017 11:10 pm JST
  • India shares end tad higher ahead of election results

    MUMBAI (NewsRise) -- Indian shares ended slightly higher Friday, giving up some early gains, as investors were cautious ahead of election results in the key northern state of Uttar Pradesh and the Federal Reserve's policy review next week.The benchm

    March 10, 2017 09:30 pm JST
  • India's Avenue IPO heavily oversubscribed as investors bet on retail boom

    MUMBAI (NewsRise) - A $280 million initial public offering from Avenue Supermarts, which runs a chain of supermarkets in 10 Indian states, was heavily oversubscribed, as investors rushed to grab a share of one of the biggest stock sales from the nat

    March 10, 2017 09:12 pm JST