NEW DELHI: India’s cabinet has approved a scheme to spend 109 billion rupees ($1.3 billion) on incentives for the adoption of electric vehicles in its efforts to curb pollution and move towards cleaner fuels. The PM Electric Drive Revolution in Innovative Vehicle Enhancement, or PM E-DRIVE, scheme will give subsidies worth 36.79 billion rupees on … Read more
NEW DELHI: India and China agreed to redouble efforts to ensure complete disengagement on the contested Himalayan frontier, New Delhi said on Thursday after India’s National Security Adviser Ajit Doval met China’s Foreign Minister Wang Yi in Russia. “Both sides agreed to work with urgency and redouble their efforts to realize complete disengagement in the … Read more
Why would a successful and dominant telecom group, with a strong footprint in fast-growing Asian and African markets, want to venture into a mature, low-growth market like the UK? That’s the question analysts were asking after Bharti Enterprises, the company that controls Bharti Airtel, India’s second-largest telecommunications company, announced a binding agreement to acquire a … Read more
Thousands took to the streets of Kolkata early Thursday to condemn the rape and murder of a local doctor, demanding justice for the victim and an end to the chronic issue of violence against women in Indian society. The discovery of the 31-year-old’s brutalized body last week at a state-run hospital has sparked nationwide protests, … Read more
India women’s wrestler Vinesh Phogat has been disqualified from the 50-kilogram wrestling final at the Paris Olympics after failing to make weight Wednesday, creating a ripple effect on the medal matches and resulting in some forced adjustments by organizers. Phogat defeated Cuba’s Yusneylis Guzman Lopez in the semifinals Tuesday, but her disqualification pushed Guzman Lopez … Read more
Facing looming 5G spectrum financing and rock-bottom data prices, Vodafone gets creative with alternative funding options. Numerous Indian companies and multinational subsidiaries in India are heading for IPOs in the next few months, as funding capital projects amid India’s infrastructure boom takes precedence over other corporate finance activities. Vodafone Idea (Vi), India’s third-largest telecom services … Read more