Despite an export-ready factory at Noida for smartphones, Samsung India now wants to focus on the domestic market, where it is growing faster than the overall industry, anticipating a surge in demand for 4G devices in the near term, a top company official has said. The company that claims 150,000 outlets in India is also […]
Increasing bilateral investments, a greater role for India in regional security and stability and fighting terrorism are among the key issues that are likely to come up for discussion during External Affairs Minister Sushma Swaraj’s visit to Egypt early next week. “The visit of the Indian external affairs minister next week is a continuation of […]
Iran has asked India to pay, within the next two months, the dues on account of oil supplies that have accumulated since 2013 with sanctions on the country blocking payment routes. This follows the world powers signing the historic nuclear deal with Iran last month that has opened the door to the easing of sanctions. […]
Health Minister Jillian Skinner today announced the 17 recipients of the 2015 Cancer Institute NSW Research Equipment Grants. The $5.5 million investment will provide leading researchers from eight institutions with the tools they need to gain new insights into cancer and novel treatments. The research equipment ranges from high-powered computers to precision microscopes […]
A comprehensive, independent review of the Export Market Development Grants (EMDG) scheme has found the grants remain integral to the success of Australia’s international businesses. Tabled in Parliament by Trade and Investment Minister Andrew Robb, the 2015 Review of the Export Market Development Grants (EMDG) scheme concluded the grants helped exporters create, develop and […]
Mobile connections in India will grow to 880 million in 2015 — an increase of five percent from 837 million connections in 2014 — and spending on mobile services will grow four percent to reach $21.4 billion in 2015, information technology research and advisory company Gartner Inc. said on Wednesday. The spending on mobile services […]
The Indian government is exploring the possibility of bartering sugar for pulses with countries like Canada and others, said union Commerce and Industry Minister Nirmala Sitharaman here on Sunday. She said sugar is getting accumulated in large quantities for the past couple of years and unless these stocks are exhausted, sugarcane farmers will not be […]
Companies operating in the ‘Internet of Things (IoT)’ space have a potential to churn $750-900 million from the east Indian states, a study said. According to a joint report from PriceWaterhouseCoopers and Confederation of Indian Industries, West Bengal – which has the sole metro city in the east – is the most likely candidate to […]
Taiwanese electronics major AsusTek’s chairman Jonney Shih on his maiden visit to India on Thursday said the group was shifting its focus from notebooks to smartphones and convertibles. “The PC market is slowly showing signs of decay as the world is moving to a cloud first, mobile first platform. At Asus, we believe in riding […]
With Australia’s Federal Court declaring invalid the approval of the Adani Group’s $16 billion coal mine in central Queensland, there is speculation that the Gautam Adani-led Indian conglomerate may decide to walk away from the controversial project. According to Australian media reports, the approval was set aside by the court after it was found that […]