India

US rate hike concerns push Rupee to 26-month lower

The Indian currency Rupee fell against the US dollar to 26-month low following increased concerns about interest rate hike by US Fed. FIIs may sell heavily in Indian markets if US interest rate is increased. Rupee fell 5.5 percent against US dollar this year so far.

U.S. Finds Evidence of Bribery in Wal-Mart Operation in Brazil

U.S. authority investigates potential foreign bribery by Wal-Mart Stores Inc in its Brazil operations. The investigation unearthed some evidences.

Facebook debuts Instant Articles on Android in India

After the introduction of the product Instant Articles on iphones in US and Europe countries, Facebook is now rolling out the product on Androids in India. This product will enable the users to browse the articles effortlessly and quickly in Androids.

Different Apple Watch Categories Launched in India

Apple company launched its recently introduced device, Apple watch in India Saturday, which is available in different sizes, colours and categories.

China and India gaining $3T from consumer electronics

China and India are leading the consumer electronics market's almost $3 trillion increase from 2015 to 2020 due to its massive population, according to Future Market Insights' report Thursday.

Apple Watch Now Available for purchase in India

Apple Watch is finally available for purchase in India, just a month after iPhone 6s and iPhone 6s Plus became available in the country.

2.4M applicants lined up in India for 368 low-level government jobs

2.3 million Indians scramble for 368 low-level government jobs that have tea making and bike riding as qualifications, symbolising the bad condition of India’s job market.

Mark Zuckerberg to host Facebook Townhall Q&A with Indian Prime Minister Narendra Modi

Mark Zuckerberg will host its second Townhall Q&A discussions with India's Prime Minister Narendra Modi. It will be held on Facebook HQ in Menlo Park, California on September 27th.

India recruits private sector executives to head state bank reforms

The Indian government recruited executives from the private sector to lead two of the biggest state-owned banks, making it the first such appointments in a wide-range reform strategy to challenge the dominant but often inefficient lenders backed by the government.

India High Court favored Nestle over food regulator noodle ban

Nestle India breathes a sigh of relief when India High Court lifts the noodle ban imposed by a domestic food regulator accusing Maggi noodle with high levels of lead content. Even so, Nestle still has to submit samples from the said product for testing by accredited food regulators and once proven that the noodle is safe to eat, that is when Nestle could start again manufacturing Maggi noodles.

Foxconn Technology Group signed a $5B MOU in India to build manufacturing, R&D hub and a smart city

Foxconn is investing $5B in India for its expansion on manufacturing and R&D. The deal also include the development of a smart city.

Internet.org and Airtel Zero bring free Internet in developing countries

Smartphones is much useful when you have Internet but in some countries Internet connection can be expensive. To provide a better solution, Internet.org together with Airtel Zero are planning on how to launch their free Internet access to the rest of the world.

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