Page 10 - Chinese Companies

Walmart teams up with Microsoft on potential bid for video app TikTok

The discussions are ongoing and other suitors for TikTok are involved, said two people close to the deal talks, who were not authorized to speak publicly

Delhi court asks lawyer to avoid use of banned Chinese app in legal work

A Delhi court has asked a lawyer to avoid the use of banned Chinese app CamScanner, used for scanning documents, in legal work.

WeChat ban could hit competitiveness, revenue: US firms in Shanghai

SHANGHAI (Reuters) - U.S. companies based in the financial hub of Shanghai said Washington's planned ban on Chinese messaging app WeChat could badly hit their competitiveness and revenue should it apply to U.S. firms and citizens in China, a survey showed on Wednesday.

Will take necessary measures to protect firms after US' Huawei curbs: China

The Trump administration on Monday expanded restrictions announced in May aimed at preventing the Chinese telecommunications giant from obtaining semiconductors without a special licence

People's Bank of China picks up stake in ICICI Bank via QIP issue

The People's Bank of China was among 357 institutional investors which incl­uded domestic mutual funds, insurance firms and global institutions that subscribed to the issue, sources said

Optical fibre manufacturers impacted by Chinese anti-dumping duty

The duties range from 7.4 per cent to 30.6 per cent

Money laundering: I-T raids continue on Chinese individuals, local contacts

I-T dept has seized a number of documents and computer peripherals and has recovered about Rs 60-70 lakh cash from multiple premises in the Delhi-NCR region till now

I-T dept searches Chinese entities over hawala transactions of Rs 1,000 cr

In their crackdown on these Chinese companies, the tax authorities launched an extensive search operation at 21 premises across Delhi, Ghaziabad and Gurugram

IPL 2020: BCCI invites bids for title sponsorship rights by Friday

The rights would be available for the August 18-December 31, 2020 period, and the bids would be opened by August 18, it said

Trump advisers urge delisting of Chinese firms that fail to audit

By Alexandra Alper

IPL 2020: Vivo's surprise exit opens door for sponsors at a discount

BCCI officials clarified on Tuesday that the cricketing body was looking for a one-year replacement only for Vivo and that the latter could make its way back next year in a fresh deal

Having invested billions in India, Huawei treads an uncertain path

The Chinese telecom equipment company is determined to stay put in India

Spotting opportunity, Facebook launches a new TikTok clone, Instagram Reels

Instagram Reels will let users record and edit 15-second multi-clip videos with audio, and will let users add visual effects

Xiaomi's 'Mi Browser Pro' in list of 47 Chinese apps banned by India

This is in addition to the Xiaomi's Mi Community app which was banned earlier.

Microsoft may buy TikTok's India business if ban revoked: Experts

For a deal to work, they say, US firm will have to accept data localisation and keep servers in India

Chinese brands look to encash on tournament as IPL retains all sponsors

Media planners say Vivo, Oppo and others will go all out on digital and TV, as IPL is only high-impact sports event from India this year. It also falls in festive season, which is key for phone brands

Mobile companies commit Rs 11,000 cr investment under PLI scheme: ICEA

According to the estimates of India Cellular and Electronics Association (ICEA), mobile phone companies will increase devices production in the country to around Rs 27.5 trillion

IPL Council members await govt's green light on venue, Chinese sponsorship

Government's clearance is top-most in the 10-point agenda of the Brijesh Patel-led governing council

US imposes human rights sanctions on Chinese company, individuals

The United States on Friday imposed sanctions on a Chinese company and two officials related to the company for what it said were human rights abuses against Uighurs

'No political influence from China': App majors seek review of ban

Apps said they're working for the development of the Indian economy and contributing to employment generation