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In 1987, a Chinese engineer named Ren Zhengfei, who was then in his early 40s, founded Huawei with about $5,000 scraped together from friends. He told collaborators that if the gamble failed, he might jump off the roof. Early on in this...
Air India has appointed Tewolde Gebremariam as its new CEO. A former Ethiopian Airlines chief, he was most recently selected to lead Pakistan International Airlines. He will succeed Campbell Wilson, the first CEO appointed after Air India...
Jio Financial Services and BlackRock launched the JioBlackRock Nifty 50 ETF, marking their entry into India’s ETF market through their asset management joint venture. The ETF will track the Nifty 50 Index, giving investors exposure to...
India food regulator FSSAI has ordered Dabur India to stop selling several food products carrying “100%” claims, saying the terminology is ambiguous, unverifiable and potentially misleading to consumers. The food regulator’s...
India has eased rules on rupee export payments, putting them on par with foreign-currency earnings for trade-policy benefits, aiming to promote wider use of the local currency in global trade. The move removes a hurdle to rupee trade and could...
India has directed Google to shut down hundreds of accounts on its Firebase web development platform after finding a pattern of criminals misusing the service to impersonate major banks and defraud people. Online scams have become one...