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  • Startups in Asia

    How Nanoclean Global's nasal filter helps people breathe healthy

    NEW DELHI -- Eager to help his asthmatic mother who was tired of wearing "uncomfortable" facemasks, Prateek Sharma designed the concept of a nanotechnology-based respiratory filter -- an easy-to-wear patch covering the user's nostrils and providing

    January 19, 2018 02:56 pm JST
  • India's Bharti Airtel Q3 profit misses forecasts

    India's biggest mobile carrier Bharti Airtel Ltd reported a smaller-than-expected quarterly net profit after the country's telecoms regulator more than halved interconnection fees last year.Net profit fell 39.3 percent to 3.06 billion rupees ($48 mi

    January 19, 2018 12:58 pm JST
  • Startups in Asia

    Indian startup offers new solution to fight toxic air pollution

    NEW DELHI -- The air pollution in New Delhi is so severe that even nonsmokers living here inhale the equivalent of 50 cigarettes on an extreme day, turning the city of 25 million into what a local political leader describes as "a gas chamber."With p

    January 19, 2018 12:00 pm JST
  • Ganeshan Wignaraja

    India could overtake China -- one day

    India has now beaten China in terms of gross domestic product growth for three years in a row, with an estimated 7.5% for 2017 compared with 6.9%. And the outlook is for more of the same: The International Monetary Fund expects India to grow at 7.7%

    January 19, 2018 12:00 pm JST
  • India to cut tax rates on some goods, services from Jan 25

    NEW DELHI (Reuters) -- India will cut rates on some products and services under the new Goods and Services Tax (GST), the finance minister said on Thursday, in a bid to encourage greater compliance as revenues have dipped since the landmark reform w

    January 19, 2018 03:49 am JST
  • China is a disruptive force, US Pacific military chief says

    NEW DELHI (Reuters) -- The head of the U.S. military's Pacific command called China a disruptive power in the Indo-Pacific region on Thursday and urged countries in the area to build capabilities and work together to ensure free and open seas.Admira

    January 19, 2018 03:41 am JST
  • Adani Enterprises to spin off city gas distribution business

    MUMBAI (NewsRise) -- India's Adani Enterprises plans to spin off its city gas distribution into a separate company as it seeks to simplify its corporate structure and unlock the value in its businesses.The company will demerge the city gas distribut

    January 18, 2018 09:45 pm JST
  • Indian shares scale yet another peak as banks rally

    MUMBAI (NewsRise) -- Indian shares rose to a record on Thursday, as private banks rallied after a newspaper reported that the government is considering raising the foreign investment limit in lenders.The benchmark BSE Sensex rose 0.5% to 35,260.29 a

    January 18, 2018 09:42 pm JST
  • Nikkei Asia300 Index advances, buoyed by Wall Street gains, China growth

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday, as U.S. indexes continued their record run and China's fourth-quarter economic growth exceeded expectations.The Nikkei Asia300 Index added 0.3% to close at 1,495.46.The S&P 500 Index

    January 18, 2018 09:00 pm JST
  • Beijing's Marriott web ban sends warning to multinationals

    HONG KONG -- China's temporary ban on Marriott International's Chinese websites was a warning to international companies that they must comply with the Communist Party's political agenda if they want to do business in the world's second largest econ

    January 18, 2018 08:39 pm JST
  • Asia300 Summit 2018

    You can't walk alone to survive the digital era

    SINGAPORE -- Companies, whether they are manufacturers or software providers, must speed up the process of transformation to survive the changes of the fourth industrial revolution. And to do that, they cannot walk alone.That was the message from le

    January 18, 2018 04:13 pm JST
  • Modi is feeling the pressure to bump up nationwide elections

    NEW DELHI Indian Prime Minister Narendra Modi and his ruling Bharatiya Janata Party might move the next election for the lower house of parliament forward to October and November of 2018, instead of April and May of 2019 as was initially scheduled.I

    January 18, 2018 10:00 am JST
  • Better paydays are in store for Asia

    TOKYO Asian workers are expected to enjoy the highest real wage growth in the world in 2018 thanks to solid growth and changes in the region's economic structure, while their counterparts in Japan and the West will see wages stagnate amid budding in

    January 18, 2018 10:00 am JST
  • How Satyam became 'India's Enron'

    MUMBAI On the morning of Jan. 7, 2009, Ramalinga Raju sent a letter to India's stock exchanges and securities regulator announcing his resignation as chairman of Satyam Computer Services, the country's fourth-largest software exporter at the time. T

    January 18, 2018 10:00 am JST
  • Price Waterhouse fights a two-year ban in India

    MUMBAI Price Waterhouse is fighting a two-year ban on its auditing operations in India, leaving the 75 listed companies it audits -- including heavyweights Tata Steel and Hindalco Industries -- with a dilemma: stick with the beleaguered auditor or f

    January 18, 2018 10:00 am JST
  • Samsung targeting 5G equipment sales in US, Japan and India

    SEOUL -- Samsung Electronics is looking to double its share in the global market for mobile-phone network equipment by boosting sales of its fifth-generation devices in the U.S., Japan, South Korea and India.Samsung was the first in the industry to

    January 18, 2018 05:17 am JST
  • Hindustan Unilever profit beats estimates as sales volumes surge

    MUMBAI (NewsRise) -- Hindustan Unilever, India's biggest consumer goods maker, reported a better-than-expected 28% jump in third-quarter net profit, aided by a surge in sales volumes and improvement in rural demand.For the three months ended in Dece

    January 17, 2018 09:38 pm JST
  • Indian shares hit record highs as banks rally

    MUMBAI (NewsRise) -- Indian shares jumped to a record on Wednesday as banks rallied after the federal government slashed a proposed additional market borrowing.The benchmark BSE Sensex rose 0.9% to 35,081.82 and the Nifty 50 Index advanced 0.8% to 1

    January 17, 2018 09:31 pm JST
  • Nikkei Asia300 Index slips after U.S. equities drop from record highs

    MUMBAI (NewsRise) -- Asian stocks outside of Japan edged lower on Wednesday, after U.S. equities retreated from record highs overnight and as investors awaited China's fourth-quarter economic data.The Nikkei Asia300 Index fell less than 0.1% to 1,49

    January 17, 2018 08:43 pm JST
  • Zee Entertainment profit misses estimates as subscription revenue falls

    MUMBAI (NewsRise) -- Zee Entertainment Enterprises, India's largest listed media company, reported a smaller-than-expected gain in third-quarter profit as a fall in subscription revenue eroded benefits from a sharp pickup in advertising spending.Con

    January 17, 2018 08:24 pm JST