Sony calls off merger with India media giant Zee

Published 3m ago

Zee considers legal action after Sony ends the planned $10bn merger of the firms' Indian operations. More »

Annapoorani: Netflix removes Nayanthara film after backlash from Hindu groups

Published 3m ago

Members of hard-line Hindu groups had criticised the film for showing a Brahmin character eating meat. More »

S Korea tunnel tragedy: Officials ignored multiple warnings

Published 9m ago

Thirty-six officials in South Korea are under investigation for failing to prevent the tragedy. More »

Telcos get 10 years to pay India dues, pain not over for Vodafone

Published 4y ago

NEW DELHI (Reuters) – Heavily indebted Indian telecoms firm Vodafone Idea (VODA.NS) won some reprieve on Tuesday as the country’s top court gave mobile carriers 10 years to settle government dues, but the company’s longer-term problems are not over. Vodafone I... More »

India’s top court gives telecom firms 10 years to pay dues to government

Published 4y ago

NEW DELHI (Reuters) – India’s top court on Tuesday gave telecom firms 10 years to pay back dues they owe to the federal government after they failed to make the payment by the January deadline. Telecom providers in India pay the Department of Telecommunication... More »

Indians seek out fortune tellers to fight COVID-19 blues

Published 4y ago

NEW DELHI (Reuters) – In his golden-hued office, decked out with peacock feathers and crystal balls, Indian mystic healer and astrologer Sanjay Sharma is busy offering his clients a peek into their future as the COVID-19 pandemic has muddied their present. “Ri... More »

Haley fuels 2024 presidential speculation with Republican convention speech

Published 4y ago

(Reuters) – Former U.N. Ambassador Nikki Haley may have fired up speculation about a 2024 presidential bid on Monday, delivering a speech at the Republican National Convention that praised President Donald Trump while touting her own accomplishments and life s... More »

Netflix tools up in South East Asia as Disney+ Indonesia launch sets scene for streaming battle

Published 4y ago

SINGAPORE (Reuters) – U.S streaming giant Netflix is ramping up its mobile-only subscription plans in Southeast Asia and expanding local content, senior executives told Reuters, just as arch-rival Disney arrives in the fast-growing market. The world’s biggest ... More »

Facebook faces heat from Indian lawmakers on content practices

Published 4y ago

NEW DELHI (Reuters) – Indian politicians are trading barbs over a media report that Facebook Inc’s (FB.O) content policies favoured Prime Minister Narendra Modi’s party, putting the social network at the centre of a political storm in its biggest market by use... More »

Back to the paddy fields. COVID smashes Indian middle-class dreams

Published 4y ago

DUTTA NAGAR, India (Reuters) – Until late March, Ashish Kumar was helping to make plastic boxes for Ferrero Rocher praline chocolates and the plastic spoons tucked inside Kinder Joy eggs to scoop out the milky sweet cream inside. With a diploma in plastic moul... More »

India to promote manufacturing of some products to boost market share

Published 4y ago

NEW DELHI (Reuters) – India’s government plans to promote the manufacturing of selected products, especially lines in which China enjoys a big share in the global market, as part of efforts to reduce imports and push exports, a cabinet minister said on Monday.... More »

Exclusive: India data-curb plan ‘anathema’, U.S. tech giants plan pushback

Published 4y ago

NEW DELHI (Reuters) – India’s plan to regulate “non-personal” data has jolted U.S. tech giants Amazon, Facebook and Google, and a group representing them is preparing to push back against the proposals, according to sources and a letter seen by Reuters. A gove... More »

Indian food delivery company introduces ‘period leave’ for employees

Published 4y ago

NEW DELHI (Reuters) – Indian food delivery company Zomato said on Saturday it would give female employees up to 10 days of “period leave” per year, as part of an effort to combat what it said was stigma around the issue. Zomato is the most high profile organis... More »

Afghan forces besiege jail seized by Islamic State, hundreds of prisoners missing

Published 4y ago

JALALABAD, Afghanistan (Reuters) – Afghan security forces laid siege to a prison seized by Islamic State fighters in the eastern city of Jalalabad on Monday, with at least 29 people killed after the militants’ overnight assault led to a mass jailbreak. More th... More »

Gold eyes $2,000 mark in speedy record-breaking run

Published 4y ago

LONDON/BENGALURU (Reuters) – Gold’s record rally is moving tantalisingly close to the psychologically key $2,000 level, powered by investors seeking cover from COVID-19’s global economic toll, as reflected in dollar weakness, faltering stocks and U.S.-China tr... More »

Huawei cuts India revenue target by up to 50%, laying off staff: ET

Published 4y ago

(Reuters) – Chinese telecom company Huawei Technologies Co has cut its India revenue target for 2020 by up to 50% and is laying off more than half of its staff in the country, the Economic Times reported on Monday, amid calls to boycott Chinese goods. Huawei’s... More »

Global prospects dim for China’s tech champions as great powers clash

Published 4y ago

SHANGHAI/BEIJING (Reuters) – Huawei Technologies’ founder Ren Zhengfei’s global ambitions are marked in bricks and mortar at a new company campus in southern China, where the buildings are replicas from European cities. Zhang Yiming, founder of ByteDance, the ... More »

India’s IL&FS says aims to resolve nearly 60% of debt despite pandemic delays

Published 4y ago

MUMBAI/BENGALURU (Reuters) – India’s Infrastructure Leasing & Financial Services (IL&FS) said on Monday it expected to resolve about 57% of its near trillion rupee ($13.35 billion) debt pile even as the pandemic delayed the resolution process in some of the gr... More »

Work begins on black boxes from Ukrainian jet downed by Iran

Published 4y ago

PARIS (Reuters) – Investigators have begun work on the flight recorders from the Ukrainian jet accidentally shot down by Iran in January, France’s BEA accident investigation bureau said on Monday. Iranian forces say they downed the Ukraine International Airlin... More »

Amazon says exports from India-based sellers cross $2 billion

Published 4y ago

NEW DELHI (Reuters) – Amazon.com Inc’s (AMZN.O) total exports from small and medium sellers in India, part of a company programme to export products to global markets, have crossed the $2 billion mark, two company executives said on Monday. Amazon’s “Global Se... More »

Bangladesh allows late-stage trial of China’s Sinovac COVID-19 vaccine

Published 4y ago

DHAKA (Reuters) – Bangladesh has approved the third-phase trial of a potential COVID-19 vaccine developed by China’s Sinovac Biotech Ltd, officials said on Monday, as infections continue to rise in the densely-populated South Asian country. Sinovac has been lo... More »

Bollywood star Aishwarya Rai and daughter in hospital with COVID-19: media

Published 4y ago

(Reuters) – Indian actress Aishwarya Rai Bachchan and her daughter are in hospital after testing positive for coronavirus this week, days after her husband and father-in-law were admitted, the Times of India reported on Saturday. Rai’s father-in-law Amitabh Ba... More »

Cresting ‘first wave’ of stimulus may be next hurdle for world markets

Published 4y ago

LONDON (Reuters) – A growth spurt in the balance sheets of the world’s biggest central banks has crested in recent weeks, drawing warnings from investors that any signs of backpedaling on stimulus will jolt financial markets and strangle economic recovery. The... More »

Indian royal dynasty keep control of one of world’s richest temples

Published 4y ago

NEW DELHI/THIRUVANANTHAPURAM (Reuters) – India’s Supreme Court on Monday upheld the right of a former royal dynasty to run the Sri Padmanabhaswamy Temple, one of the world’s richest places of worship, after the state government tried to take it over when the f... More »

Global coronavirus cases rise above 13 million, U.S. infections surge

Published 4y ago

(Reuters) – Coronavirus infections rose above 13 million across the world on Monday, according to a Reuters tally, climbing by one million in just five days in a pandemic that has killed more than half a million people. The Reuters global tally, which is based... More »

India’s June retail inflation picks up after easing of lockdown

Published 4y ago

NEW DELHI (Reuters) – India’s retail inflation picked up in June, pushed by price increases for some food and fuel items, but economists said the central bank could still ease rates because of concerns about economic slowdown caused by lockdown. Annual retail ... More »

Alphabet’s Google commits $10 billion to accelerate digitization in India

Published 4y ago

NEW DELHI (Reuters) – Alphabet Inc’s Google on Monday said it would spend around $10 billion in India over the next five to seven years through equity investments and tie-ups, marking its biggest commitment to a key growth market. The investments will be done ... More »

Fans in India pray for Bollywood’s Bachchans to recover from COVID-19

Published 4y ago

MUMBAI (Reuters) – Fans across India prayed on Monday for Bollywood legend Amitabh Bachchan and others members of his movie star family who have fallen sick with the coronavirus as the one-day rise in infections hit a new record without any sign of a peak. Bac... More »

Reliance’s digital unit wins Qualcomm backing in boost to 5G plans

Published 4y ago

NEW DELHI (Reuters) – India’s Reliance Industries said on Sunday Qualcomm Inc’s investment arm will buy a 0.15% stake in its digital unit Jio Platforms for 7.3 billion rupees ($97.1 million). The partnership will help Jio Platforms, the unit that houses Relian... More »

After UK lockdown delay, sculptor Anish Kapoor exhibits at Walpole’s mansion

Published 4y ago

LONDON (Reuters) – With Britain’s coronavirus lockdown eased, sculptor Anish Kapoor can finally exhibit his work at Houghton Hall, one of the country’s best-known stately homes. Kapoor’s exhibition of 24 sculptures was due go on show thoughout the grounds and ... More »

Dalai Lama marks 85th birthday with album of mantras

Published 4y ago

(Reuters) – The Dalai Lama made a bid for music chart stardom on Monday, his 85th birthday, with the release of an album of mantras and teachings. “Inner World” kicks off with the track “One Of My Favourite Prayers” and continues with the exiled Tibetan spirit... More »

Taiwan says Dalai Lama welcome to visit, a trip that would infuriate China

Published 4y ago

TAIPEI (Reuters) – Taiwan would welcome a visit by exiled Tibetan spiritual leader the Dalai Lama, its foreign ministry said on Monday, a trip that would infuriate Beijing which views him as a dangerous separatist. The Dalai Lama has not visited the Chinese-cl... More »

TikTok distances from Beijing in response to India app ban

Published 4y ago

NEW DELHI (Reuters) – Social media app TikTok distanced itself from Beijing after India banned 59 Chinese apps in the country, according to a correspondence seen by Reuters. In a letter to the Indian government dated June 28th and seen by Reuters on Friday, Ti... More »

Senator warns of political pressure on U.S. probe into hackers of green groups

Published 4y ago

WASHINGTON (Reuters) – A Democratic U.S. senator says he has written to Attorney General William Barr outlining his concerns about potential “political interference” by the Trump administration in an investigation of a private espionage firm that targeted envi... More »

Pakistani PM says ‘no doubt’ that India was behind stock exchange attack

Published 4y ago

ISLAMABAD (Reuters) – Pakistani Prime Minister Imran Khan told parliament on Tuesday he had no doubt that India was behind an attack on the stock exchange building in the southern city of Karachi. Four gunmen armed with grenades attacked the Pakistan Stock Exc... More »

India’s Modi warns of coronavirus ‘negligence’ as some cities extend lockdowns

Published 4y ago

CHENNAI/NEW DELHI (Reuters) – India’s prime minister on Tuesday warned citizens against flouting rules to prevent the spread of the novel coronavirus, as he extended a vast social security scheme until November. Several Indian cities prepared to extend their l... More »

India’s Modi extends free foodgrain program for poor battling coronavirus

Published 4y ago

MUMBAI (Reuters) – The Indian government will extend a free foodgrain distribution scheme for 800 million people amid the ongoing pandemic until the end of November, Prime Minister Narendra Modi said in a national address on Tuesday. Modi said thousands of liv... More »

Coronavirus cases in India cross 500,000 as big cities reel from surge

Published 4y ago

NEW DELHI (Reuters) – India reported over 17,000 new coronavirus cases over the last 24 hours, pushing the country’s total above 500,000, federal health ministry data showed on Saturday, with infections surging in major cities including the capital New Delhi. ... More »

Nepal arrests three men for quarantine rape, amid protests over unsafe conditions

Published 4y ago

KATHMANDU (Reuters) – Police in Nepal arrested three men on suspicion of gang raping a woman quarantined alone in an empty school, a case that has added to public anger over unsafe conditions for thousands of migrant workers forced into confinement over the co... More »

Walmart partners with Shopify to expand online marketplace business

Published 4y ago

(Reuters) – Walmart Inc (WMT.N) has partnered with Canadian e-commerce firm Shopify Inc (SHOP.TO) (SHOP.N), as the world’s biggest brick-and-mortar retailer ramps up its efforts to capture a bigger slice of the coronavirus-driven surge in online shopping. U.S.... More »

Criticism mounts as New Delhi hospital beds run out amid COVID-19 surge

Published 4y ago

NEW DELHI (Reuters) – India’s capital is fast running out of hospital beds amid a surge in coronavirus cases and is struggling to contain the pandemic, after critics said it did too little to prepare and reopened shopping malls and temples too soon. Some famil... More »

Facebook’s WhatsApp brings digital payment to users in Brazil

Published 4y ago

NEW YORK (Reuters) – Facebook Inc’s WhatsApp messaging service rolled out a system across Brazil on Monday that will allow users to send money to individuals or local businesses within a chat, attaching payment as they would a photo or video. WhatsApp tested t... More »

Bollywood actor Sushant Singh Rajput found dead in his Mumbai home

Published 4y ago

MUMBAI (Reuters) – Bollywood actor Sushant Singh Rajput, who won acclaim for his role in the 2016 biopic of then Indian cricket captain Mahendra Singh Dhoni, was found dead at his home in Mumbai on Sunday, police said. He was 34 years old. “It pains us to shar... More »

Indonesia reports 1,043 new coronavirus infections, biggest daily rise

Published 4y ago

JAKARTA (Reuters) – Indonesia’s health ministry reported 1,043 new coronavirus infections on Tuesday, its biggest daily rise in cases, taking the total number of infections to 33,076. There were also 40 new deaths, bringing total fatalities to 1,923, said Achm... More »

Explainer: What are antibody therapies and who is developing them for COVID-19?

Published 4y ago

NEW YORK (Reuters) – While some potential vaccines have emerged in the global race to find a way to stop the spread of COVID-19, many scientists and researchers believe antibody based therapies hold great promise for treating people already infected with the d... More »

Move over James Bond- India returns alleged bird spy to Pakistan

Published 4y ago

SRINAGAR, India (Reuters) – Indian police have released a pigeon belonging to a Pakistani fisherman after a probe found that the bird, which had flown across the contentious border between the nuclear-armed nations, was not a spy, two officials said on Friday.... More »

WeWork India lays off 20% of workforce as virus lockdowns weigh

Published 4y ago

BENGALURU (Reuters) – WeWork’s India franchise said on Tuesday it laid off 100 employees, or 20% of its workforce, as the office-sharing startup joins a slew of firms that are cutting costs and revamping operations as a prolonged nationwide lockdown to curb th... More »

U.S. overtakes China as most attractive country for renewables investment: research

Published 4y ago

LONDON (Reuters) – The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic, research showed on Tuesday. I... More »

ITF plans on new relief fund to support lower-level players

Published 4y ago

MUMBAI (Reuters) – The International Tennis Federation (ITF) has said it is working on additional measures, including a new relief fund, to support lower-ranked professionals who have been left in the lurch due to coronavirus-led lockdowns. The professional te... More »

Masked and standing apart, the world creeps out of lockdown

Published 4y ago

ROME/WASHINGTON (Reuters) – Italy and the United States were among a slew of countries easing lockdown restrictions on Monday to resurrect economies, but officials cautioned against moving too swiftly as global deaths from the coronavirus neared a quarter of a... More »

Police clash with migrant workers as India eases coronavirus curbs

Published 4y ago

AHMEDABAD, India (Reuters) – Indian police fired tear gas on Monday to scatter migrant workers during clashes in the western state of Gujarat, officials said, as authorities relaxed one of the world’s strictest lockdowns to stem the spread of the coronavirus. ... More »

Fitness group cure.fit lays off employees, mulls all-digital move: sources

Published 4y ago

BENGALURU (Reuters) – Indian gym and wellness startup cure.fit has laid off as many as 800 of its staff across the country and permanently closed a number of fitness centres to cut costs amid the world’s biggest coronavirus lockdown, sources familiar with the ... More »

Xiaomi to roll out new e-commerce service in India to boost sales during lockdown

Published 4y ago

NEW DELHI (Reuters) – Chinese smartphone maker Xiaomi Corp said on Monday it will launch an e-commerce service in India this week to enable customers stuck at home during a nationwide lockdown to buy its products from their local retailer. The new service, Mi ... More »

Superheroes, from near and far, join Indonesia’s coronavirus battle

Published 4y ago

SUKOHARJO, Indonesia (Reuters) – Volunteers clad as Superman and Spider-Man sprayed disinfectant against the coronavirus on Indonesia’s island of Java, flanking a colleague wearing the winged helmet of local superhero Gatotkaca who shouted, “Wear masks, wash h... More »

Asia’s mosques deserted as coronavirus keeps Ramadan faithful away

Published 4y ago

(Reuters) – It is a Ramadan like never before for Muslims across Asia as mosques that would normally be packed for prayers are deserted and in some places locked up as governments enforced measures to stem the spread of the novel coronavirus. At Indonesia’s ma... More »

Latest on the spread of the coronavirus around the world

Published 4y ago

(Reuters) – More than 2.97 million people have been reported to be infected by the novel coronavirus globally and 205,948 have died, according to a Reuters tally, as of 0200 GMT on Monday. DEATHS AND INFECTIONS * For an interactive graphic tracking the global ... More »

Special Report: India’s migrant workers fall through cracks in coronavirus lockdown

Published 4y ago

JUGYAI, India (Reuters) – Most days, you can find Dayaram Kushwaha and his wife, Gyanvati, hauling bricks for stonemasons in a booming northern suburb of New Delhi. They bring their 5-year-old son, who plays in the dirt while they work. But now a hush has come... More »

Facebook, three Indonesian firms in early talks for mobile payment approval: sources

Published 4y ago

JAKARTA (Reuters) – Facebook Inc is preparing to apply for regulatory approval in Indonesia to launch mobile payments in partnership with three local digital fintech firms, people familiar with the matter told Reuters. The plan, if approved, could be among the... More »

India’s Infosys suspends FY revenue forecast on coronavirus blow

Published 4y ago

BENGALURU (Reuters) – India’s Infosys suspended its full-year 2021 revenue forecast on Monday, joining its software outsourcing rivals in flagging a hit to its business as the coronavirus pandemic freezes client activity in the United States and Europe. Infosy... More »

Who’s Who of pop culture unites for ‘One World’ coronavirus special

Published 4y ago

(Reuters) – Lady Gaga, Taylor Swift, Paul McCartney, The Rolling Stones, Beyonce and Oprah Winfrey on Saturday headlined a special broadcast of music, comedy and personal stories celebrating those around the world on the frontlines of the coronavirus pandemic.... More »

India, Pakistan plan to restart some economic activity during coronavirus lockdown

Published 4y ago

NEW DELHI/ISLAMABAD (Reuters) – India and Pakistan are planning to partially open up some parts of the economy, officials in the two countries said on Monday, as the costs of harsh lockdowns to limit the outbreak of the coronavirus mount across the region. Ind... More »

India MPC minutes reiterate focus on mitigating COVID-19 risks to economy

Published 4y ago

MUMBAI (Reuters) – The impact of the novel coronavirus outbreak on the Indian economy would depend on the depth, duration and diffusion of the crisis, the Reserve Bank of India said in the minutes of its emergency monetary policy committee (MPC) meeting in Mar... More »

In oil market sunk by coronavirus, giant output cuts make ripple, not big waves

Published 4y ago

SINGAPORE (Reuters) – Minimal oil price gains on Monday show record output cuts by giant producers will still leave them with a mountain to climb to restore market balance, industry watchers said, with the coronavirus pandemic decimating demand just as stocks ... More »

Kia Motors considers halting three South Korean plants as virus hits exports

Published 4y ago

SEOUL (Reuters) – Kia Motors Corp (000270.KS) told its labour union in South Korea that it wants to suspend operations at three of its domestic factories as the coronavirus outbreak weighs on exports to Europe and the United States, a union official said on Mo... More »

UK car sector slashes 2020 sales forecast by 23% due to coronavirus

Published 4y ago

LONDON (Reuters) – A group representing Britain’s car industry cut its sales forecast for this year by 23% to 1.73 million vehicles because of the impact of the coronavirus crisis. The figure represented a 25% fall from the number of new car registrations in 2... More »

Jabeur mulls swapping rackets for dancing shoes in lockdown

Published 4y ago

MUMBAI (Reuters) – Tunisian trailblazer Ons Jabeur is holed up in New York due to the coronavirus pandemic and says she is contemplating taking up dancing to remain fit as the tennis world finds innovative ways to deal with the lockdown. The 25-year-old became... More »

Tiger at New York’s Bronx Zoo tests positive for coronavirus

Published 4y ago

(Reuters) – A tiger at the Bronx Zoo in New York City has tested positive for the respiratory disease caused by the novel coronavirus, in the first known case of a human infecting an animal and making it sick, the zoo’s chief veterinarian said on Sunday. Nadia... More »

UK car sector warns on coronavirus: ‘companies need cash immediately’

Published 4y ago

LONDON (Reuters) – Britain’s car sector needs immediate cash and the government should introduce measures to support suppliers, some of which only have enough money to handle the coronavirus crisis for weeks not months, the head of the main trade body told Reu... More »

Factbox: Google location data shows slump in trips to malls, offices

Published 4y ago

(Reuters) – Google on Thursday published reports for 131 countries showing whether visits to shops, parks and workplaces dropped in March, when many governments issued stay-at-home orders to rein in the spread of COVID-19. Here is a list of countries in alphab... More »

Singapore court upholds colonial-era law that criminalizes sex between men

Published 4y ago

SINGAPORE (Reuters) – Singapore’s high court upheld on Monday a rarely-used law that criminalizes sex between men, dismissing three appeals that argued it was unconstitutional. The ruling follows challenges to the colonial-era law by activists emboldened after... More »

Wimbledon will be canceled, says German tennis official – report

Published 4y ago

(Reuters) – Wimbledon organizers will announce the cancellation of the grasscourt Grand Slam this week due to the coronavirus pandemic, German Tennis Federation (DTB) vice-president Dirk Hordorff has told Sky Sports. All England Lawn Tennis Club (AELTC) offici... More »

Muslims in Indonesia divided over Friday prayers amid coronavirus fears

Published 4y ago

DEPOK, Indonesia (Reuters) – While many Muslims in Indonesia’s capital accepted advice to avoid religious gatherings and prayed at home on Friday elsewhere in the world’s most populous Muslim country, people ignored the risk of coronavirus and crowded into the... More »

Crowded, poor South Asia sees steady rise in coronavirus cases

Published 4y ago

ISLAMABAD/KABUL (Reuters) – Health authorities across South Asia reported rising tallies of coronavirus cases on Monday, raising the prospect of rapidly spreading outbreaks overwhelming poor medical facilities in a region that is home to a quarter of the world... More »

Switzerland files criminal complaint over Crypto spying scandal

Published 4y ago

VIENNA (Reuters) – The Swiss government has filed a criminal complaint over the U.S. Central Intelligence Agency’s alleged use of a cryptography company as a front to spy on various governments’ secret communications, the Swiss attorney general’s office said o... More »

Afghanistan confirms first case of coronavirus from three suspected

Published 4y ago

KABUL (Reuters) – Afghanistan on Monday identified the country’s first case of coronavirus as reported cases outside China jump. Ferozuddin Feroz, the minister of public health, told a press conference in Kabul one of three suspected cases had been confirmed i... More »

India set to dazzle Trump with pomp and circumstance as trade rows fester

Published 4y ago

NEW DELHI/WASHINGTON (Reuters) – U.S. President Donald Trump will be accorded the biggest public reception given to any foreign leader in years during his visit to India beginning on Monday, officials say, one that could help paper over the two countries’ grow... More »

Hughes fears Indian closure, bank disruptions over unpaid fees

Published 4y ago

NEW DELHI (Reuters) – U.S. satellite broadband provider Hughes Network Systems may have to shut its Indian operations due to unpaid levies owed to the government, which could put thousands of banking services at risk, a company letter seen by Reuters showed. I... More »

SoftBank-backed Oyo says annual loss grew over six-fold on China expansion

Published 4y ago

BENGALURU (Reuters) – SoftBank-backed (9984.T) Oyo Hotels and Homes said on Monday losses widened more than six-fold in the year to March 2019, as the India-based hotel chain spent heavily to expand into China. The news comes weeks after Oyo began laying off r... More »

India’s Vodafone Idea to pay 35 billion rupees in telecom dues this week, shares rise

Published 4y ago

NEW DELHI (Reuters) – Beleaguered Indian wireless carrier Vodafone Idea (VODA.NS) will pay 35 billion rupees ($490 million) in telecoms dues to the federal government by Feb. 21, a lawyer for the company said on Monday. Hopes that Vodafone Idea could outlive t... More »

India’s Vodafone Idea says to pay 25 billion rupees in government dues: ET Now

Published 4y ago

NEW DELHI (Reuters) – Indian wireless carrier Vodafone Idea (VODA.NS) will pay 25 billion rupees ($350 million) of the nearly $3.9 billion it owes to government in telecoms dues, TV news station ET Now reported on Monday. The company said it will pay 10 billio... More »

Amazon, Flipkart seek rollback of new Indian tax on online sellers

Published 4y ago

NEW DELHI (Reuters) – Amazon and Walmart’s Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to documents se... More »

Factbox: Some carmakers likely to restart China factories after shutting for coronavirus

Published 4y ago

(Reuters) – Automakers including Daimler, Tesla and Ford are likely to restart production in China on Monday after being forced to shut factories for more than a week following a widespread outbreak of the coronavirus. However, some have further delayed reopen... More »

SoftBank set for sharp quarterly profit drop amid pressure from Elliott

Published 4y ago

TOKYO (Reuters) – Japan’s SoftBank Group (9984.T) is expected to post a slide in profits for the past quarter, deepening concern about its ability to secure funding for a second Vision Fund and giving activist fund Elliott Management more fodder for a shake-up... More »

Apple supplier Wistron to assemble key iPhone component in new India plant: sources

Published 4y ago

NEW DELHI (Reuters) – Taiwan’s Wistron Corp plans to assemble printed circuit boards (PCBs) for iPhones at its new plant in southern India, two sources said, highlighting Apple Inc’s push to expand manufacturing in the world’s second-biggest smartphone market.... More »

Highlights: Day eight at the Australian Open

Published 4y ago

MELBOURNE (Reuters) – Highlights of the eighth day at the Australian Open, the first Grand Slam tournament of the year, on Monday (times AEDT- GMT+11): 1633 MUGURUZA MARCHES INTO LAST EIGHT Unseeded Spaniard Garbine Muguruza continued her charge toward a third... More »

Samsung says may invest $500 million to set up display factory in India

Published 4y ago

SEOUL/BANGALORE (Reuters) – South Korean flat screen maker Samsung Display plans to set up a factory in India with a $500 million investment as parent Samsung Electronics Co Ltd seeks to expand smartphone production there, a regulatory filing showed. The move ... More »

Gymnastics: Miller keen to see Biles eclipse her in Tokyo

Published 4y ago

NEW DELHI (Reuters) – Shannon Miller thinks her time as the United States’ most decorated Olympic gymnast will come to an end this summer and the 42-year-old will be in Tokyo cheering on Simone Biles as she bids to supplant her. Biles bagged five medals, inclu... More »

BWF approves synthetic feather shuttlecocks from 2021

Published 4y ago

KUALA LUMPUR (Reuters) – Badminton World Federation (BWF) said on Monday it has approved synthetic feather shuttlecocks for its international tournaments from next year as it bids to cut down on waste. The governing body said it collaborated with Japanese spor... More »

Walmart sacks 56 executives in India as part of restructuring

Published 4y ago

NEW DELHI (Reuters) – Walmart Inc, the world’s largest retailer, has fired 56 of its executives in India as it restructures in the country. The move underscores the challenges Walmart has faced in expanding its wholesale business in India. The Bentonville, Ark... More »

Walmart India says eight senior staff among 56 executives fired

Published 4y ago

NEW DELHI (Reuters) – Walmart Inc (WMT.N), the world’s largest retailer, has fired 56 of its India executives including eight from senior management, Krish Iyer, President and CEO of its India unit, said on Monday. In a statement emailed to Reuters, Iyer said ... More »

Amazon boss Bezos to face protests from traders during India trip

Published 4y ago

NEW DELHI (Reuters) – Thousands of small-scale traders in India are planning to organize protests against Amazon.com Inc (AMZN.O) founder Jeff Bezos, who will visit the country next week for a company event and potential meetings with government officials. Bez... More »

Transport app FlixMobility achieves 37% passenger growth in 2019, eyes India

Published 4y ago

BERLIN (Reuters) – Transport app FlixMobility reported on Thursday a 37% increase in passenger numbers last year, as Germany’s best-funded tech startup claimed the mantle of the world’s biggest provider of intercity bus services. FlixMobility, which runs an Ub... More »

Bollywood A-lister backs protesting students, faces boycott calls

Published 4y ago

MUMBAI (Reuters) – A top Indian actress who joined students protesting against the government drew calls on social media on Wednesday for a boycott of her upcoming film, as well as praise for being a rare Bollywood A-lister to stand up against a crackdown on d... More »

India approves third moon mission, months after landing failure

Published 4y ago

BENGALURU (Reuters) – India has approved its third lunar mission months after its last one failed to successfully land on the moon, its space agency said on Wednesday, the latest effort in its ambitions to become a low-cost space power. The Chandrayaan-3 missi... More »

Colombia awards three operators bandwidth in $1.5 billion auction

Published 4y ago

BOGOTA (Reuters) – Colombia has awarded bandwidth to three bidders in an auction that raised 5 trillion pesos ($1.5 billion) as part of efforts to improve mobile telephone services and expand internet access. Claro, a subsidiary of America Movil, Tigo de Milli... More »

India’s protesters cheered on by actors, artists and singers

Published 4y ago

GUWAHATI, India (Reuters) – With a voice known to millions of Indian movie goers, Zubeen Garg crooned one of his old songs with patriotic fervor, but he is protesting against the government, not singing its praises. Like many people from India’s northeastern s... More »

China-Brazil satellite launched into space to monitor Amazon rainforest

Published 4y ago

BEIJING (Reuters) – An Earth observation satellite jointly developed by China and Brazil was launched into space on Friday under a bilateral programme seen as a template for broader cooperation among BRICS nations. The China-Brazil Earth Resource Satellite-4A ... More »

Elbit Systems launches nanosatellite for commercial communications

Published 4y ago

TEL AVIV (Reuters) – Israeli defense electronics firm Elbit Systems said on Wednesday its nanosatellite, called Nanova, was successfully launched into space. Nanova was developed in collaboration with an unnamed U.S. company and is planned to be a part of a na... More »

Dozens injured as activists clash with Delhi police in citizenship law protests

Published 4y ago

NEW DELHI (Reuters) – More than 100 activists protesting against a new Indian citizenship law were injured in New Delhi on Sunday as they clashed with police who used tear gas and baton charges to disperse demonstrators at a major university. Prime Minister Na... More »

Factory owner, manager nabbed after Indian capital’s deadliest fire in 20 years

Published 4y ago

NEW DELHI (Reuters) – Police in New Delhi have arrested the owner and manager at a factory where 43 people perished in the Indian capital’s deadliest fire in 20 years, a spokesman said on Monday. The blaze started early Sunday morning when more than a hundred ... More »

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