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  • India stocks fall for second day on profit booking

    MUMBAI (NewsRise) -- Indian stocks fell for a second day, taking the broader NSE index to close below the 10,000 level for the first time in two weeks, as investors continued to take profits.Tuesday's losses also followed the Indian capital market r

    August 8, 2017 09:18 pm JST
  • Sreeram Chaulia

    India and Japan combine forces to counter China

    Japan and India, Asia's second and third largest economies respectively, are achieving closer strategic convergence, a development that could reshape Asia. Since 2014, the two countries have elevated their ties to a "special strategic and global par

    August 8, 2017 05:45 pm JST
  • Japanese, Indian tech ventures team on AI cameras

    MUMBAI -- Japanese AI startup ExaIntelligence has partnered with Indian "internet of things" technology developer Efftronics Systems to create AI-equipped surveillance cameras and other products for such applications as traffic management and crime

    August 8, 2017 05:37 am JST
  • Tata Steel swings to profit as India sales surge, Europe business improves

    MUMBAI (NewsRise) -- Tata Steel swung to a profit in the first quarter as a surge in domestic sales volume and improved operating performance at its European business aided India's second-largest steel maker.The consolidated net profit in the first

    August 7, 2017 10:16 pm JST
  • India stocks slide on software exporters, automakers

    MUMBAI (NewsRise) -- Indian stocks fell Monday, as pullbacks in shares of software exporters and automakers offset robust gains in Tata Steel ahead of its quarterly earnings.The BSE Sensex fell 0.2%, or 51.74 points, to end at 32,273.67 points, whil

    August 7, 2017 09:27 pm JST
  • India's Eros in early talks with Apple, others to sell content library - source

    MUMBAI (Reuters) -- Indian movie production house Eros Group is in preliminary talks with Apple and other major content distributors to sell its entire content library of films and music, a source familiar with the matter told Reuters on Monday.The

    August 7, 2017 03:37 pm JST
  • Chemicals sector grows fastest in July's Asia PMI

    TOKYO -- The Nikkei Asia Sector Purchasing Managers' Index, or PMI, for July showed output growth in 15 of the 19 sectors monitored.Chemicals (54.7) marked the sharpest growth, followed by healthcare services (54.0) and beverages and food (53.8).On

    August 7, 2017 09:30 am JST
  • JFE Engineering using internships to attract talent

    TOKYO -- Every year, JFE Engineering accepts 20 or so interns from abroad. During the five-week program, the students learn about the company's infrastructure and other businesses, the engineering industry as well as Japanese lifestyles and culture.

    August 6, 2017 03:02 pm JST
  • Mahindra posts worse-than-expected fall in profit as India GST damps sales

    MUMBAI (NewsRise) -- Mahindra & Mahindra posted a wider-than-expected 20% drop in first-quarter profit, as India's largest sports utility vehicle maker grappled with slower sales ahead of the roll out of a nationwide Goods and Services Tax.The maker

    August 4, 2017 09:24 pm JST
  • Indian shares eke out 5th straight weekly advance amid earnings cheer

    MUMBAI (NewsRise) -- Indian shares edged higher on Friday to squeeze out a small gain for the week, as upbeat corporate earnings buoyed investors.The benchmark BSE Sensex added 0.3%, or 87.53 points, to close at 32,325.41 on Friday, adding 0.05% for

    August 4, 2017 09:02 pm JST
  • Nikkei Asia300 index posts weekly gains on Chinese stock gains

    HONG KONG (Nikkei Markets) -- Asian stocks outside of Japan rose this week, as optimism over earnings lifted mainland Chinese companies.The Nikkei Asia300 index ended little changed at 1,292.76 on Friday. For the week, it rose 0.4%. Suning Commerce

    August 4, 2017 08:43 pm JST
  • Japan utensil maker Kai aims to triple India sales by 2022

    TOKYO -- With its plant outside New Delhi ready for full-scale production, Japan's Kai is set to expand sales in India of its utensils and beauty-care products, including knives and razors.The Tokyo company aims to more than triple Indian sales from

    August 4, 2017 01:48 pm JST
  • Indian Oil profit slumps 45% as refining margins shrink

    MUMBAI (NewsRise) -- State-owned Indian Oil Corp. reported a 45% slump in quarterly profit after margins for turning crude oil into fuels plunged at the nation's largest refiner.Standalone net income for the quarter ended in June was 45.49 billion r

    August 3, 2017 10:44 pm JST
  • India services PMI hits lowest in 4 years

    TOKYO -- India's new goods and services tax, introduced in July, has impacted the country's services sector. The Nikkei India Services Purchasing Managers' Index fell to 45.9 in July, the lowest reading since September 2013. June's figure was 53.1.A

    August 3, 2017 02:00 pm JST
  • China seen as blinking while impasse with India continues

    TOKYO -- Jingoistic frustrations surrounding the extended military standoff between China and India in the Himalayas threaten to undermine the influence of Chinese President Xi Jinping, who himself rose to power amid a nationalistic wave five years

    August 3, 2017 12:00 pm JST
  • Amazon and Alibaba square off in Southeast Asia

    BANGKOK -- Shoppers in Southeast Asia have long been wondering when will start offering its e-commerce services in their region.Local and regional e-tailers have been wondering the same thing. Taking the U.S. giant's eventual arrival as a

    August 3, 2017 10:00 am JST
  • Reliance Jio goes on the offensive with a 'free' feature phone

    MUMBAI India's richest man has left little doubt about his determination to establish Reliance Jio Infocomm as the leader in the country's booming telecom data market.Mukesh Ambani's latest move of offering fourth-generation network-enabled feature

    August 3, 2017 10:00 am JST
  • Amazon and Alibaba square off in Southeast Asia

    BANGKOK Shoppers in Southeast Asia have long been wondering when will start offering its e-commerce services in their region.Local and regional e-tailers have been wondering the same thing. Taking the U.S. giant's eventual arrival as a gi

    August 3, 2017 10:00 am JST
  • India's goods and services tax brings a month of chaos

    NEW DELHI Indian Prime Minister Narendra Modi has described the country's new goods and services tax as a "good and simple tax" that will help correct economic imbalances and boost foreign investment. But for shopkeepers like Tarun Bhateja, who runs

    August 3, 2017 10:00 am JST
  • Prerna Sharma: Indian farmers are suffering amid misguided policies, low prices and overcapacity

    Higher farm output -- helped by steadily increasing productivity and favorable monsoon weather after two consecutive drought-afflicted years -- should be making food producers happy. But Indian farmers are a dissatisfied bunch, and they're increasin

    August 3, 2017 10:00 am JST