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Monday 4 October 2021
SPACs drive M&A deals in Asia, says UBS
Mergers and acquisitions (M&A) in Asian countries (excluding Japan) during the first half of 2021 reached the second highest in history with a 69.6% year-on-year increase in value...
Friday 1 October 2021
JioPhone Next faces increasing costs of components
India's Reliance Group might have to increase subsidies for its low-cost smartphone JioPhone Next more than it has previously estimated due to shortages of semiconductors and higher...
Thursday 30 September 2021
Malaysia to issue five digital bank licenses in early 2022
The Central Bank of Malaysia is set to issue five digital bank licenses for the first time in early 2022 and the move is expected to push the country to become one of the leaders...
Wednesday 29 September 2021
Foreign firms lured by India's enormous domestic demand, says Deloitte
Deloitte surveyed 1,200 executives from British, American, Japanese, and Singaporean firms and found out these companies decided to invest or expand investment in India because of...
Tuesday 28 September 2021
Ola reveals new mobility services with potential 1.3 billion user base
Ola Cabs plans to produce kick scooters, e-bikes, drones, and even flying cars in the future, according to founder Bhavish Aggarwal.
Monday 27 September 2021
Ultraviolette plans to sell e-scooters in US, Europe
India's Ultraviolette Automotive is preparing to launch high-performance e-scooters both locally and overseas.
Monday 27 September 2021
India roundup: Firms invest big in green energy
India has seen record growth in smart TV demand and large investments in the green energy sector. Government subsidies have attracted 19 firms, mostly Indian, to invest in solar en...
Wednesday 22 September 2021
India roundup: Government to subsidize EVs
India has finally released the long-awaited PLI for automotive, while a unicorn e-scooter maker has announced 100% female participation in its gigafactory.
Friday 17 September 2021
MediaTek to recruit more innovative staff in India, says PTI
Taiwan-based chipmaker MediaTek announced its plans to recruit more innovation staff in India to support local manufacturing, according to PTI, although the actual number of new employees...
Friday 17 September 2021
India PC shipments hit 5-year high at almost 4.1 million units
PC shipments in India hit a five-year high in the second quarter, rising 43% on year to 4.097 million units, partially because of the low base period in 2020, according to a PC market...
Thursday 16 September 2021
JioPhone Next launch delays to November
Developed by Google and Reliance Industries, JioPhone Next's launch has been postponed to November. Although there is a variety of factors behind the delay, the reality has proven...
Thursday 16 September 2021
Indian consumers have high hopes for 5G, CMR survey shows
Smartphone users in India acknowledge that 5G will bring more possibilities, including more IoT appliances at home, higher resolution in graphics, and higher speed in download, a...
Wednesday 15 September 2021
Indian IT suppliers hope for more Chinese investment and workers
India's IT hardware suppliers are hoping that India let in more Chinese investment and workers to aid the local supply chain of IT hardware.
Monday 13 September 2021
India reportedly to subsidize only new energy vehicles
India's production-linked incentive (PLI) schemes have proven fruitful in promoting local handset manufacturing; however, the government has not disclosed further PLI details for...
Monday 13 September 2021
India roundup: Car and smartphone sales affected by chip shortages
India continues to keep up its efforts in promoting manufacturing and usage of electric vehicles (EV). On the other hand, the global shortages of semiconductors are hitting both car...