Wed, 17 Jul 2019, 2:44 PM
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Topic: India

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KUALA LUMPUR (July 17): Najah Air Sdn Bhd, which is seeking funding to support its takeover bid for Malaysia Airlines Bhd, is looking to woo Japanese conglomerate SoftBank Group Corp as a seed investo...
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KUALA LUMPUR: Najah Air Sdn Bhd, which is seeking funding to support its takeover bid for Malaysia Airlines Bhd, is looking to woo Japanese conglomerate SoftBank Group Corp as a seed investor in the s...
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NEW YORK: United Airlines Holdings Inc on Tuesday reported a bigger-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats after the grounding of Boeing Co's 737 MAX reduced capacity.
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JULY 17 — “Nothing’s going to change/has changed/will change,” I hear Malaysians grumble.
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PARIS: Renault posted a 6.7% decline in first-half vehicle sales amid a global auto slowdown, but said a forthcoming product offensive would begin to help soften the blow in key markets.
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PARIS, July 16 — French auto giant Renault said today its first half sales were hit by a slowdown in several emerging countries but overall it managed to hold its own in a weakening global market .
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Mercedes-Benz Malaysia has appointed Michael Jopp to head sales and marketing for Malaysia and selected South East Asian countries following the reassignment of Mark Raine, who has since assumed the r...
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JULY 16 ― After all the dust has settled, after MESTECC officials cleared Lynas, after KATS officials gave the Lynas Advanced Material Plant (LAMP) of any groundwater contamination, we still have Wo...
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NEW DEHLI: Prime Minister Narendra Modi’s administration is considering a plan to spin off the gas transmission business of GAIL India Ltd, the nation’s largest gas utility, into a separate unit, according to people with knowledge of the matter.
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Cyber-security solutions provider, Check Point Research, discovered a new variant of an existing malware that targetted Android devices.
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AS HE settles down on the meeting room chair, Allen An (pic) takes off his coat and breathes a small sigh of relief.
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During a launch event in India, Realme announced a third phone into its third generation of phones.
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Which are the startups that are on the path to becoming the next big thing?
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THE Hong Leong group appears to be keen on venturing into the healthcare sector — it has teamed up with private equity firm TPG to bid for Columbia Asia group’s hospital business in Asia, sources ...
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It's amazing how quickly four years can fly by.
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India-based food ordering app Swiggy is in talks with Korean funds such as Korea Investment Partners, Mirae Asset Management, STIC Investments, and Neoplux for a potential US$500 million round, The E...
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KUALA LUMPUR (July 15): Foreign buying of Malaysian equities on Bursa Malaysia narrowed to RM84.9 million last week, from RM230.2 million the prior week, according to MIDF Amanah Investment Bank Bhd R...
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Liew (centre) presenting the Chief Minister’s Award to Tagap Dance Theatre, Sabah (International Category).
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VULNERABILITIES in Android has opened the door for a piece of malware to infect an estimated 25 million phones worldwide, including 15 million devices in India, and over 800,000 devices in Southeast A...
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PETALING JAYA: The request to extradite controversial preacher Dr Zakir Naik to India has been “under consultation” since last year, the Foreign Ministry said today.
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Bomba personnel heaving the dolphin back to sea.
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KUALA LUMPUR, July 14 — A total of RM35.12 million potential export value were generated from over 60 meetings, involving Malaysian building materials producers and global buyers, held during Malays...
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NEW DELHI, July 14 — One of India's biggest housing finance companies, Dewan Housing Finance Corp Ltd (DHFL), warned yesterday that its financial situation was so grim that it may not survive.
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Former prime minister Najib Abdul Razak has questioned the government’s apparently contradictory statements regarding sovereign wealth fund Khazanah Nasional Bhd’s investment strategy.
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BANGKOK (July 12): Seven Malaysian franchise companies are participating in Thailand’s largest franchise, licensing and business opportunities show in ASEAN to promote home homegrown brands.
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KUALA LUMPUR: One hundred and sixty six illegal immigrants including 17 Africans were held in integrated crime prevention operations to flush out illegal immigrants at several focus areas around the f...
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NEW DELHI: Motorists in India, home to some of the world's most polluted cities, can now buy a fully-fledged electric car after Hyundai unveiled a model that can travel 452km on one charge.
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If you have a new smartphone budget of just RM1,000, the Redmi Note series has always been one of our top recommended devices.
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KUALA LUMPUR: Mercedes-Benz Malaysia has appointed Michael Jopp as the new Head of Sales & Marketing, Mercedes-Benz Cars, Malaysia & SEA II starting this month.
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It’s 2019, and times have certainly changed from the days of buying newspapers in the morning, and relying on that one, singular source for news—from yesterday.
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Ali Ahamed’s black satchel was overflowing with turtles, their tiny heads poking out. Just a few feet away, on the hotel room floor, roughly 20 larger turtles with dark brown shells were removed from black suitcases and flipped onto their backs to keep them from crawling under the couch.
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Apple Inc’s top-end iPhones, assembled in India by Foxconn's local unit, are likely to hit Indian stores next month, a source said, potentially helping the tech giant drop prices in the world’s second-biggest smartphone market.
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NEW DELHI, July 112 ― Walmart told the US government privately in January that India's new investment rules for e-commerce were regressive and had the potential to hurt trade ties, a company documen...
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KUALA LUMPUR (July 12): Malaysia expects to beat its approved investments target this year by working with, rather than competing against, its neighbors.
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KUALA LUMPUR: Malaysia expects to beat its approved investments target this year by working with, rather than competing against, its neighbours.
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A WOMAN and her parents in India have been arrested after her husband was strangled to death and buried in their backyard.
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KUALA LUMPUR: Affin Hwang Capital Research has maintained its “neutral” rating on the plantation sector following a decline in palm oil inventory to its lowest in 11 months as production slowed.
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KUALA LUMPUR (July 11): Malaysian palm oil futures gained at the close of trade on Thursday, reversing losses made earlier in the session, as firmer U.S. soyoil prices lent support.
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KUALA LUMPUR (July 11): Malaysia emerged as the world's best country to invest in or do business for 2019, CEOWORLD magazine revealed.
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PM Equity Partner (PMEP), the corporate venture capital and private equity investment arm of tobacco giant Philip Morris International (PMI), said it is actively looking for startups in Southeast Asia...
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Vivo Malaysia has announced that it will be bringing in the Y12 to our shores.
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GEORGE TOWN - A famous nasi briyani restaurant on Lebuh Chulia has been ordered to close for two weeks by the Health Department after rat droppings and dead lizards were found in the kitchen.
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Global venture capital firm GGV Capital is targeting new business opportunities in India and countries across Southeast Asia, as the trade dispute between China and the US continues to rattle investor...
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NEW DELHI, July 11 — India and US trade negotiators will meet tomorrow, with few signs of a compromise on a series of protectionist measures taken by the two governments in recent months that have s...
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NEW DELHI: India and U.S. trade negotiators will meet on Friday, with few signs of a compromise on a series of protectionist measures taken by the two governments in recent months that have strained ties between the strategic partners.
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KUALA LUMPUR: The home ministry today revealed that controversial preacher Dr Zakir Naik is not listed on Interpol’s Red Notice of wanted criminals or fugitives.
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KUALA LUMPUR (July 11): Malaysia emerged as the world's best country to invest in or do business for 2019, CEOWORLD magazine revealed.
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TheAsianparent, a Southeast Asian community and content platform for mothers, has raised an eight-figure amount of funding in an oversubscribed series C round led by Chinese international conglomerate...
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Young travellers from South Korea are the most snap-happy shutterbugs when it comes to taking photos on vacation, while Colombians have the most wanderlust.
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KUALA LUMPUR, July 11 — Controversial Muslim preacher Dr Zakir Naik is not listed on the International Police Organization’s Red Notice of wanted criminals or fugitives, Tan Sri Muhyiddin Yassin c...
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KUALA LUMPUR, July 11 — Western Australia signed yesterday a multi million-ringgit deal with leading low-cost airline AirAsia X aimed at invigorating the Australian state’s struggling tourism sect...
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KUALA LUMPUR: Affin Hwang Capital research maintained its neutral rating on the plantation sector following a decline in palm oil inventory to its lowest in 11 months as production slowed.
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PETALING JAYA: Malaysians trust the media – particularly traditional media like newspapers, TV and radio – more now compared to five years ago and, according to a new study by Ipsos, bucking against a global trend.
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KUALA LUMPUR: Malaysia needs a long-term energy policy to ensure the sustainability of supply and attract investments into the country.
The Borneo Post:
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Malaysians’ trust in newspapers and magazines increased from 21 per cent five years ago to 25 per cent now.
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KUALA LUMPUR (July 10): Malaysians are more likely to believe in traditional media such as newspapers, television, and radio rather than online news sources, based on a recent study.
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SINGAPORE, July 10 — Armed with confidential and market-sensitive information, two traders from a multinational fund management firm colluded with their friend, a remisier, to make personal profits ...
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India-based education tech giant Byju’s has received US$150 million in a funding round led by sovereign wealth fund Qatar Investment Authority, The Economic Times reported. Edtech investor Owl Vent...
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EZYHAUL, a three year old digital freight and logistics management technology startup, today announced that it has closed a Series B fundraising round totalling US$16 million (RM67 million).
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JULY 10 — The use of spices and herbs in cooking dates back more than 5,000 years.
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KUALA LUMPUR, July 10 — Malaysians now have more trust in local media compared to five years ago, a new study by global market research firm Ipsos Malaysia found.
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IPOH, July 10 — Malaysia has been crowned the best country to invest in or start a business this year, according to the CEOWORLD Magazine.
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MUMBAI: Deutsche Bank AG will let go more than 20 people in India as part of its global move to withdraw from its equity sales and trading business, according to people familiar with the decision.
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Music-streaming service Spotify is launching a simplified app aimed at smartphone users in emerging markets as the company continues its global expansion amid ongoing financial losses.
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Freight and logistics tech startup Ezyhaul banked US$16 million in a series B round to fuel its expansion into Indonesia and the Philippines.
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Apple Inc has started a programme in Shanghai to help Chinese developers create apps as part of the iPhone maker's efforts to build out its services business in one of its most critical overseas markets.
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PETALING JAYA: Malaysians trust the media more now compared with five years ago, particularly traditional media like newspapers, TV and radio, according to a newly released study by global market research firm Ipsos.
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NEW DELHI: India wants to attract "mega investments” in manufacturing with tax incentives, but it will need more than that to compete with Southeast Asian peers who are gaining from a shift in global supply chains.
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FOLLOWING the success of Cyberjaya Startup Summit 2018, the people behind PixaLabs and The Launchpad are bringing in the second edition of this two-day summit from July 27 to 28, 2019 at The Launchpad...
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NEW YORK, July 9 — The streaming platform has released Spotify Lite, a simplified version of its mobile app for Android in 36 countries.
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KUALA LUMPUR (July 9): A firm linked to businessman Tan Sri Syed Mokhtar Albukhary has been asked to hold mediation talks over its dispute with Sabah Forest Industries Sdn Bhd (SFI) and SFI’s receiv...
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MUMBAI, July 9 — India’s biggest software outsourcing firm Tata Consultancy Services (TCS) today reported record quarterly earnings, buoyed by a growing demand for its banking and financial servic...
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KUALA LUMPUR: A madrasah teacher was among four individuals detained in Selangor and Kedah between June 14 and July 3 for their alleged involvement with terrorist groups.
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KUALA LUMPUR (July 9): Ongoing trade tensions between China and US have continued to impact initial public offering (IPO) activities across the world, which slowed in the first half of the year, despi...
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LONDON: Hyundai Motor will soon unveil the latest all-new model in its European line-up, giving a first indication of its looks with a teaser image.
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BENGALURU: Foreign investors turned net buyers of Asian stocks in June as optimism ahead of a meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping, along with expectations of U.S. interest rate cuts bolstered sentiment.
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NEW DELHI: The Indian billionaire behind the controversial Carmichael coal mine in Australia is hitting back at criticism the endeavor will be both unprofitable and too dirty.
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KUALA LUMPUR: The Malaysian Aviation Commission (Mavcom) has approved all Air Traffic Rights (ATR) applications for the second quarter of 2019, involving 51 allocations with one partially approved app...
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KUALA LUMPUR (July 9): AirAsia Group Bhd received the highest number of Air Traffic Rights (ATR) in the second quarter of 2019 (2Q19), ahead of Malaysia Airlines Bhd and Malindo Air.
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Singapore Exchange (SGX) has made an undisclosed amount of investment in local fintech company Smartkarma to tap into the startup’s investment research network.
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KUALA LUMPUR: The AirAsia Group received approvals for 22 air traffic rights from the Malaysian Aviation Commission (MavCom) in the second quarter ended June 30, 2019 (Q2 2019).
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SIBU - A 51-year-old woman succumbed to injuries when she was crushed by a sago palm tree, which she and her husband were felling in a mangrove swamp in Dalat on Monday (July 8).
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KUALA LUMPUR (July 9): AmInvestment Bank Research has downgraded the glove sector to “Neutral” from Overweight.
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Wimbledon has unleashed a new lightweight app to try and hook the growing tennis-loving market in Asia, while AI-generated highlights are getting smarter at spotting the most exciting action.
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NEW DELHI: Malindo Air will start flying from Kuala Lumpur to Varanasi on July 18 as it looks to capitalise on pilgrimage traffic to the Hindu holy city in northern India.
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PETALING JAYA: Shares on Bursa Malaysia retreated yesterday in line with regional markets, as the prospects of faster rate cuts by the Federal Reserve in the United States dimmed.
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NEW DELHI, July 8 — India’s government aims to raise up to 150 billion rupees (RM9 billion) by reducing its stake in 18 state firms to 75 per cent, a finance ministry official involved in the matt...
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PUTRAJAYA, July 8 — The Malaysian Muslim network, Ikatan Rakyat Insan Muslim Malaysia (IRIMM), today submitted a memorandum to Wisma Putra here, appealing for diplomatic channels to be used to trace...
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KUALA LUMPUR: The government is expected to tweak the Bill to amend the Federal Constitution to lower the voting age to 18.
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Cloud kitchen Rebel Foods has received US$5 million from Indonesian ride-hailing major Gojek as part of the Mumbai-based company’s ongoing series D round, TechCircle reported.
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NEW DELHI (July 8): Malindo Air will start flying from Kuala Lumpur to Varanasi on July 18 as it looks to capitalise on pilgrimage traffic to the Hindu holy city in northern India.
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Senator Datuk Raja Kamarul Bahrin Shah Raja Ahmad Baharuddin Shah – Bernama photo KUALA LUMPUR: The Ministry of Housing and Local Government is in the midst of preparing a working paper on the loca...
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KUALA LUMPUR:The Housing and Local Government Ministry is in the midst of preparing a Cabinet paper on the revival of local government elections.
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KUALA LUMPUR, July 8 — The Housing and Local Government Ministry is preparing a paper on the proposal to restore local government elections to be presented for the Cabinet’s approval by the end of...
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KUALA LUMPUR: Foreign funds snapped up stocks listed on Bursa Malaysia for the third week running, acquiring RM230.2mil net of local equities last week, according to MIDF Research.
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KUALA LUMPUR (July 8): Foreign fund buying of stocks listed on Bursa Malaysia rose to RM230.2 million last week, from RM171.7 million the prior week, according to MIDF Amanah Investment Bank Bhd Resea...
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BANGKOK: Emerging-market carry trades are looking increasingly attractive to traders weighing risk against reward, as global central banks signal policy easing and yields in developed nations slide.
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New Delhi: India plans to raise as much as US$10bil from its first overseas sovereign bond because there’s huge appetite for its debt in the foreign market, according to a top finance ministry official.
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MUMBAI: India’s state-run Punjab National Bank (PNB) said it had reported a borrowing fraud of 38.05 billion Indian rupees (US$556mil) in Bhushan Power & Steel Ltd’s account to the country’s central bank.
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KOTA BARU (Bernama): The Kelantan government will ensure the safety of visitors at Dr Zakir Naik’s Kelantan missionary tour programme to be held from Aug 7 to 10.