India
CNBC’s Inside India newsletter: A poorly timed IPO?
MUMBAI, MAHARASHTRA, INDIA – 2024/10/21: Hyundai logo is seen on the Hyundai car showroom in Mumbai. Hyundai Initial Public Offer (IPO) will be listed on the stock exchange on 22nd October 2024. (Photo by Ashish Vaishnav/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images This report is from this week’s CNBC’s “Inside […]
Read More
Nvidia doubles down on India with Hindi language model and major partnerships
Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images Nvidia on Thursday announced a slew of partnerships with major Indian firms and launched a Hindi language model, as the American chip company looks to ramp up business in one of the world’s biggest […]
Read More
Modi and Xi agree to resolve differences, boost India-China ties
Chinese President Xi Jinping and India Prime Minister Narendra Modi meet on the sidelines of the BRICS summit in Kazan, Russia October 23, 2024. China Daily via Reuters Chinese President Xi Jinping and Indian Prime Minister Narendra Modi agreed on Wednesday to boost communication and cooperation between their countries and resolve conflicts to help improve ties that were damaged by a […]
Read More
Russia pushes ‘new world order’ agenda as it hosts beefed-up BRICS summit
Russian President Vladimir Putin attends the BRICS Business Forum in Moscow, Russia October 18, 2024. Alexander Zemlianichenko | Via Reuters Russia is rolling out the red carpet to its geopolitical allies as it hosts the latest BRICS summit on Tuesday, pushing its agenda to create a “new world order” that challenges the West. The group […]
Read More
Hyundai Motor India’s shares set to start trading after the country’s largest IPO
MUMBAI, MAHARASHTRA, INDIA – Hyundai cars seen parked outside the Hyundai showroom in Mumbai. Sopa Images | Lightrocket | Getty Images Hyundai Motor India was set to start trading Tuesday in the country’s two major stock markets after a $3.3 billion initial public offering, the country’s largest-ever by amount raised. The automaker had offered 142.19 […]
Read More
India, China reach pact to resolve border conflict, Indian foreign minister says
India and China have reached a deal on patrolling their disputed frontier to end a four-year military stand-off, the Indian foreign minister said on Monday, paving the way for improved political and business ties between the Asian giants. Estherpoon | Istock | Getty Images India and China have reached a deal on patrolling their disputed frontier to end a […]
Read More
Indian retail group seeks antitrust probe of quick commerce companies Swiggy, Blinkit, Zepto
Blinkit and Zomato logos are seen in this illustration taken June 27, 2022. Dado Ruvic | Reuters India’s biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies — Zomato’s Blinkit, Swiggy and Zepto — for alleged predatory pricing, a letter showed on Sunday. Quick commerce is a new shopping rage in India, with companies […]
Read More
Eutelsat uses SpaceX rocket to launch first satellites after merger
SpaceX logo is screened on a mobile phone for illustration photo. Beata Zawrzel | Nurphoto | Getty Images Eutelsat, the world’s third-biggest satellite operator by revenue, launched 20 satellites for its communications network on Sunday, using Elon Musk’s SpaceX in its first move since the merger of two European companies last year. A SpaceX Falcon […]
Read More
CNBC’s Inside India newsletter: The changing face of India’s rich
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. India is mourning the death of Ratan Tata, the visionary industrialist and philanthropist. The former chairman of […]
Read More
China-led regional group calls for countering protectionist policies, sanctions
The Chinese national flag flies outside the Ministry of Foreign Affairs in Beijing on July 26, 2023. Greg Baker | Afp | Getty Images A China-led 10-state regional group criticized what it called protectionist trade measures on Wednesday, part of an intensifying standoff between Beijing and Western countries over tariffs on Chinese products. The Shanghai Cooperation Organization, a […]
Read More