By Administrator_India Capital Sands Russia and China have started making the case at the United Nations against Washington’s claim that it can trigger a return of all sanctions on Iran at the Security Council, with Moscow invoking a 50-year-old international legal opinion to argue against the move. Russian Foreign Minister Sergey Lavrov and the Chinese […]
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By Administrator_India Capital Sands Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in mobile operator Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could turbocharge India’s digital economy. The planned investment, if completed, would mean Amazon acquiring a roughly 5% stake based […]
By Administrator_India Capital Sands India is to allow farmers to sell produce directly to bulk buyers such as trading companies, food processors and large retailers, the farm minister said on Wednesday. This would obviate the need for farmers to bring their produce to India’s more than 7,000 regulated wholesale markets and let buyers buy from […]
By Administrator_India Capital Sands India launched a $6.65 billion plan on Tuesday to boost electronics manufacturing, saying it would start by offering five global smartphone makers incentives to establish or expand domestic production. The government is offering a production-linked incentive (PLI) involving cash worth 4% to 6% of additional sales of goods made locally over […]
By Administrator_India Capital Sands Airlines in India will need to keep the middle seat empty if passenger load factors and seat capacity allow for it, the aviation regulator said in a notice to domestic and international carriers. The regulator did not elaborate on what load factors or seat capacity would require the middle seats to […]
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By Administrator_India Capital Sands Monsoon rains are likely to enter India through the southern coast around June 1, the state-run weather office said on Thursday, marking the start of the four-month rainy season that is crucial for the country’s farm-dependent economy. Weather conditions are “very likely to become favorable from June 1, 2020” for the […]
By Administrator_India Capital Sands India’s antitrust body is looking into allegations that Alphabet Inc’s Google is abusing its market position to unfairly promote its mobile payments app in the country, five sources familiar with the case. The complaint was filed in February and the Competition Commission of India has kept the identity of the complainant […]
By Administrator_India Capital Sands California, the most populous U.S. state, took another step on Tuesday toward ending sweeping lockdowns imposed to contain the coronavirus pandemic, allowing barber shops and hair salons in most counties to operate for the first time in more than two months. On Monday, Governor Gavin Newsom lifted orders that banned church […]