India’s TV18 Broadcast to merge with Network18 in $1.2 bln deal
A van of media group Network18 is parked outside the Indian parliament in New Delhi July 16, 2014. REUTERS/Anindito Mukherjee/File Photo Acquire Licensing Rights BENGALURU, Dec 6 (Reuters) – India’s TV18 Broadcast (TVEB.NS) will merge with Network18 Media & Investments (NEFI.NS) in a $1.2 billion deal that will help the Reliance-owned companies expand their reach […]
India’s Paytm to curtail low-value personal loans after cenbank clampdown
A smartphone with the Paytm logo is placed on a laptop in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights BENGALURU, Dec 6 (Reuters) – India’s Paytm (PAYT.NS) will issue fewer sub-50,000-rupee (about $600) personal loans, the digital payments firm said on Wednesday, weeks after the central bank tightened rules […]
India’s Ola Electric slashes sales targets ahead of planned IPO -document, sources
Ola electric scooters are seen outside the Ola Electric Service Centre, in Thane on the outskirts of Mumbai, India, October 25, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing Rights Ola sees 2023-24 sales 66% lower than previous estimate-document Ola aims now to turn profitable a year later in 2024-25-document Targets “toned down” after govt incentive cuts-sources […]
India to probe Apollo Hospital Delhi’s alleged links to ‘cash for kidneys’ scandal
Patients and their attendants are seen inside Apollo hospital in New Delhi, India, September 8, 2015. Picture taken September 8, 2015. REUTERS/Adnan Abidi/File photo Acquire Licensing Rights NEW DELHI/HYDERABAD, Dec 6 (Reuters) – India’s health ministry has ordered a probe into Apollo Hospital Delhi, part of largest private hospital chain Apollo Hospitals (APLH.NS), after media […]
India’s Apollo Hospitals’ operator rejects allegation of illegal kidney transplants
Patients and their attendants are seen inside Apollo hospital in New Delhi, India, September 8, 2015. REUTERS/Adnan Abidi/File Photo Acquire Licensing Rights BENGALURU, Dec 5 (Reuters) – India’s Indraprastha Medical Corp (IMCL.NS), which manages two Apollo hospitals in the national capital of Delhi, said on Tuesday that allegations regarding its involvement in illegal kidney transplants […]
Shanghai wants Microsoft to promote AI tech in city – govt
A Microsoft sign at the U.S. tech giant’s offices in Issy-les-Moulineaux, near Paris, France, January 25, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing Rights BEIJING, Dec 5 (Reuters) – Shanghai authorities told Microsoft’s (MSFT.O) visiting president on Tuesday they want his company to promote artificial intelligence technology to boost businesses there, the Chinese financial hub’s government […]
Exclusive: Apple warns India’s EU-style charger rules will hit local production target
[1/2]Apple iPhones are seen inside India’s first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India, April 17, 2023. REUTERS/Francis Mascarenhas Acquire Licensing Rights Apple lobbies India to delay EU-like rule on common charger U.S. giant seeks more time in India beyond EU deadline Apple says production targets […]
New Indian petrochemical supplies to weigh on markets
NEW DELHI, Dec 5 (Reuters) – Two multi-billion-dollar petrochemical plants are coming online in India in coming months at a time of weaker-than-expected demand, setting the stage for fierce price competition domestically and internationally, industry officials and analysts say. Several regions, including India, China and the Middle East have been developing petrochemical production to provide […]
Two dead in southern India, roads, runway submerged as Cyclone Michaung nears
CHENNAI, Dec 4 (Reuters) – At least two people died and the runway of one of India’s busiest airports lay submerged due to torrential rain, as two southern states braced on Monday for a severe cyclone likely to hit in the next 24 hours. Cyclone Michaung was expected to make landfall on the coast of […]
AstraZeneca, AI biologics firm Absci tie up on cancer drug
The AstraZeneca logo is pictured outside the AstraZeneca office building in Brussels as part of the coronavirus disease (COVID-19) vaccination campaign, Belgium, January 28, 2021. REUTERS/Johanna Geron/File Photo Acquire Licensing Rights Dec 3 (Reuters) – Anglo-Swedish drugmaker AstraZeneca (AZN.L) has signed a deal worth up to $247 million with U.S. artificial intelligence (AI) biologics firm […]