The Malaysian Pulse
Beat of the Nation
Tue, 17 Sep 2019, 12:25 PM
ADVERTISE with The Malaysian Pulse

Topic: Mumbai

Malay Mail:
Share
Modi didn't ask me to return Zakir Naik, says Dr M
KUALA LUMPUR, Sept 17 -- Tun Dr Mahathir Mohamad today said India Prime Minister Narendra Modi did not request Malaysia return Mumbai-born preacher Dr Zakir Naik who is wanted in his home country for ...
Tech in Asia:
Share
Commentaries: Gojek is going big or going home 💥
Dear Readers, I had a great dinner with a couple of founders last week.
The Star:
Share
Netflix, Apple cross swords in Indian streaming market
Competition in India's booming streaming market is heating up as Netflix joins forces with a director of Bollywood feel-good blockbusters and Apple launches its...
The Star:
Share
Year-long debt crisis hits India bond market plans
MUMBAI: India’s plans to expand its corporate bond market are running up against a year-long credit crisis, in another obstacle for Prime Minister Narendra Modi’s efforts to jumpstart a sputtering economy.
Malay Mail:
Share
Questioned by cops, Penang deputy CM Ramasamy, assemblyman stand by statements on Dr Zakir Naik
GEORGE TOWN, Sept 11 — Police recorded statement from both Penang Deputy Chief Minister II P. Ramasamy and Bagan Dalam assemblyman Satees Muniandy at the former’s office in Komtar today.
The Star:
Share
Keep your eye on the road, India investors
India’s plunging auto sales are making investors nervous. Their bigger worry should be the vanishing new roads.
The Star:
Share
World’s worst bad-loan mess set to worsen
Mumbai: A prolonged shadow-banking crisis and hurdles in bankruptcy rules are set to keep India atop the world’s worst bad-debt pile, even as Italy, which held the title previously, quickens the clean-up of its lenders
The Star:
Share
Bank bonds gain in India as mergers set to boost credit profiles
MUMBAI: Indian state-run banks’ rupee debt is gaining as proposed mergers and capital injection by the government are set to bolster credit profiles of these lenders.
Malay Mail:
Share
Asia’s richest man offers free TVs in Indian broadband blitz
MUMBAI, Sept 6 — Having already turned India’s mobile market upside down, Asia’s richest man Mukesh Ambani has now set his sights on broadband.
The Edge Markets:
Share
Tech: McKinsey: Ecosystems create new opportunities for corporate banking
BANKS have, for some years now, focused their digitisation efforts within the retail banking space, but it is time for them to start stepping up on the corporate banking side, says McKinsey & Co. “D...
Malaysiakini:
Share
India's duty hike blunts appetite for refined Malaysian palm oil
India's demand for Malaysian refined palm oil is likely to drop sharply in October following a tax hike, curtailing further exports from the Southeast Asian country and leading to higher inventories.
Malay Mail:
Share
Indian court approves JSW Steel’s takeover of bankrupt Bhushan Power
MUMBAI, Sept 5 — An Indian court today cleared JSW Steel Ltd’s takeover plan for debt-ridden Bhushan Power and Steel, bringing an end to a bankruptcy case that has dragged on over two years.
The Edge Markets:
Share
India's duty hike blunts appetite for refined Malaysian palm oil
KUALA LUMPUR/MUMBAI (Sept 5): India's demand for Malaysian refined palm oil is likely to drop sharply in October, following a tax hike, curtailing further exports from the Southeast Asian country and ...
The Edge Markets:
Share
India raises import tax on Malaysian refined palm oil by 5%
MUMBAI/NEW DELHI (Sept 5): India has raised the tax on refined palm oil from Malaysia to 50% from 45% for six months to curb imports and boost local refining.
The Star:
Share
Anil Ambani’s shipyard risks insolvency
MUMBAI: The shipyard controlled by embattled Indian tycoon Anil Ambani is facing the prospect of bankruptcy after failing to get creditors’ approval for restructuring 70 billion rupees (US$970mil) of debt, people familiar with the matter said.MUMBAI: The shipyard...
The Star:
Share
Rupee down on weak GDP
Mumbai: The rupee hit the year’s lowest level and stocks declined on concerns that foreign funds may continue to head for the exits amid the slump in economic growth. Sovereign bonds rose as the weak data bolstered bets for deeper interest-rate cuts.Mumbai: The...
The Star:
Share
Netflix’s budget Indian rival eyes original shows for profits
A small rival of Netflix Inc in India plans to ramp up production of low-cost web shows in order to turn profitable.
Malay Mail:
Share
Muhyiddin: Can’t stop Zakir Naik from going to Melaka for prayers
PUTRAJAYA, Sept 3 — Controversial televangelist Dr Zakir Naik is allowed to attend a prayer session in Melaka this Saturday but may not give any speeches, said Tan Sri Muhyiddin Yassin.
The Star:
Share
Modi’s bank bailouts may distract focus from growth slump
MUMBAI: India’s biggest bank overhaul in decades may hurt the nation’s bad loan clean-up and slow the lending approvals needed to reverse its economic slump.
Malay Mail:
Share
Zakir Naik gets police OK for Melaka prayers
KUALA LUMPUR, Sept 2 — Melaka police today confirmed that controversial Islamic preacher Dr Zakir Naik is free to attend a congregational prayer and worship this Saturday despite being banned from p...
The Star:
Share
Investors who chased Asia’s highest real yielders ended up last
MUMBAI: Asia’s highest-yielding bond markets provided the worst returns in August.
Free Malaysia Today:
Share
IGP looking forward to leaving the job ‘as soon as possible’
PETALING JAYA: Inspector-General of Police Abdul Hamid Bador said he did not foresee himself staying on the job for long and that he is looking forward to leaving “as soon as possible”.
Free Malaysia Today:
Share
Malaysia ‘obliged to arrest Naik’ if Interpol issues red notice
PETALING JAYA: If an Interpol red notice is issued on preacher Dr Zakir Naik, the Malaysian police would have no choice but to arrest him, according to a lawyer who has served on the International Cri...
Malay Mail:
Share
India growth slows to 5pc in fresh blow to Modi
MUMBAI, Aug 30 — India’s economic growth slowed for the fifth straight quarter in the April-to-June period to 5.0 per cent, government figures showed today in a fresh blow to Prime Minister Narend...
The Star:
Share
Funds shun exposure to India’s shadow bank debt
MUMBAI: Mutual funds continue to shun Indian shadow lenders’ debt despite a liquidity boost from the nation’s central bank and measures from the government to quell investor wariness toward them
The Star:
Share
Modi's US$5 trillion GDP goal hits hurdle
MUMBAI: India’s path to economic recovery faces another obstacle, with Prime Minister Narendra Modi asking the state road builder to stop constructing highways after its...
Malay Mail:
Share
India’s central bank unveils US$24b windfall for government
NEW DELHI, Aug 29 — India’s central bank has announced a US$24-billion (RM101 billion) windfall for the cash-strapped government, giving a much-needed boost to Prime Minister Narendra Modi as he s...
The Star:
Share
Apple to start online sales in India after country eases rules
Apple Inc is poised to start online sales of its devices in India within months, a person familiar with the matter said, benefiting from new rules making the world’s...
Malay Mail:
Share
Trade hope helps Asian markets bounce back from sell-off
HONG KONG, Aug 27 — Asian markets mostly rose today, recovering from the previous day's pounding, after Donald Trump said China-US trade talks would resume soon, though the president's sharp changes...
Malay Mail:
Share
India central bank unveils US$24b windfall for government
NEW DELHI, Aug 27 — India's central bank has announced a US$24 billion (RM100.5 billion) windfall for the cash-strapped government, giving a much-needed boost to Prime Minister Narendra Modi as he s...
The Star:
Share
India gets US$2bil windfall from RBI to spur growth
MUMBAI: India’s government will receive a 1.76 trillion-rupee ($24.4 billion) windfall from the central bank, which it may use to cut borrowings and recapitalize banks to...
Malaysiakini:
Share
Yoursay: Even Mahathir is enthralled by Zakir Naik
YOURSAY | ‘I feel embarrassed every time I see photos of Mahathir with the preacher.' No deportation of Zakir Naik for now – Mahathir Vijay47: Prime Minister Dr Mahathir Mohamad, this blowing hot ...
The Star:
Share
Patriot: Let's move on from Zakir Naik and focus on economy
PETALING JAYA: Malaysians must move past the Dr Zakir Naik issue and instead direct their attention to the economy, says National Patriots Association (Patriot).
Free Malaysia Today:
Share
DAP’s Ramasamy questions minister’s ‘U-turn’ on Naik
PETALING JAYA: The tit-for-tat between DAP’s P Ramasamy and PPBM leaders over Dr Zakir Naik continues, with the Penang deputy chief minister II hitting out at Syed Saddiq Syed Abdul Rahman’s appar...
EdgeProp.my:
Share
2 dead, 5 injured in India building collapse
MUMBAI (Aug 24): Two people were killed and at least another two were feared trapped after a four-storey illegal building collapsed in Bhiwandi city, 34 km from Mumbai on Friday night, Xinhua news age...
Malay Mail:
Share
India Inc grows impatient as economy dips and Modi is distracted
MUMBAI, Aug 23 ― When Prime Minister Narendra Modi was re-elected in May with a sweeping majority, Indian stock markets jumped to all-time highs as investors anticipated big bang pro-business reform...
Malay Mail:
Share
PKR: Dr Zakir Naik should not have attacked any ethnic groups in Malaysia
PETALING JAYA, August 21 — While he is free to preach in this country, fugitive televangelist Dr Zakir Naik should not have insulted any ethnic groups in Malaysia, PKR organising secretary Nik Nazmi...
The Star:
Share
Mukesh Ambani's US$4b bet hurt by too much gas
NEW DELHI: A global glut in natural gas is threatening to undermine a US$4bil investment by Reliance Industries Ltd. aimed at boosting profits at the world’s largest oil refining complex.
The Star:
Share
Fortis Healthcare CEO plans cost cuts to nurse it back to health
Mumbai: The new chief executive officer at Fortis Healthcare Ltd plans to cut a fifth of costs to resuscitate India’s second-largest hospital chain after a regulator found it was defrauded of tens of millions of dollars by its former owners.
The Edge Markets:
Share
India says probing jump in refined palm oil imports from Malaysia
MUMBAI (Aug 19): India has initiated a probe into whether a jump in refined palm oil shipments from Malaysia is causing serious injury to domestic industry, the trade ministry's investigative arm said...
theSun:
Share
India says probing jump in refined palm oil imports from Malaysia
MUMBAI: India has initiated a probe into whether a jump in refined palm oil shipments from Malaysia is causing serious injury to its domestic industry, the trade ministry’s investigative arm said in...
Malaysiakini:
Share
Ex-IGP joins chorus calling for Zakir Naik to be deported
A former top cop has urged Putrajaya to revoke Dr Zakir Naik's permanent residency and deport him to India.
The Star:
Share
India probing jump in refined palm oil imports from Malaysia
MUMBAI: India has initiated a probe into whether a jump in refined palm oil shipments from Malaysia is causing serious injury to domestic industry, the trade ministry’s investigative arm said in a statement.
Malay Mail:
Share
Anwar: Stop pandering to hardcore radicalism and reject religious bigotry
SHAH ALAM, Aug 18 — PKR president Datuk Seri Anwar Ibrahim today urged Malaysians not entertain purely racial or religious bigotry.
Malay Mail:
Share
PM: It's quite clear Zakir wants to play racial politics, he overstepped the line
KUALA LUMPUR, Aug 18 — Tun Dr Mahathir Mohamad said today “it was quite clear” Dr Zakir Naik had attempted to incite racial hate by making racially-tinged remarks against Malaysians recently.
Free Malaysia Today:
Share
Asri shouldn’t blindly support hegemony of dominant groups
Perlis mufti Mohd Asri Zainul Abidin might be a controversial figure on a variety of matters, but he could be open and progressive on some.
The Star:
Share
Malaysian palm oil price edges down as Dalian related oils erase some gains
KUALA LUMPUR: Malaysian palm oil futures reversed earlier gains to fall at the close of trade on Friday, tracking related edible oils on China's Dalian Commodity Exchange which erased some gains.
Malay Mail:
Share
Dr Zakir Naik leaves after five-hour meet with Bukit Aman over inflammatory remarks
KUALA LUMPUR, Aug 16 — Controversial televangelist Dr Zakir Naik spent around five hours today recording his statements with federal police after he was summoned to Bukit Aman over his statements du...
The Star:
Share
Respect Malaysia's right to safe and peaceful racial relations, Zakir Naik told
KUALA LUMPUR: Zakir Naik has been told to respect Malaysia's right to safe and peaceful racial relations.
Malay Mail:
Share
Report: Zakir Naik’s PR status under review
KUALA LUMPUR, Aug 16 ― The Home Ministry is reviewing the Malaysian permanent residency of India-born preacher Dr Zakir Naik even as police investigate him for incitement.
The Star:
Share
WhatsApp compliance under India review before payments approval
India is reviewing an audit report on data practices of WhatsApp Inc to ensure compliance with local rules before permitting a nationwide debut of the Facebook Inc-owned company’s long-delayed payments service.
Malay Mail:
Share
PKR stand on Zakir Naik after Anwar’s return from Haj, says party sec-gen
KUALA LUMPUR, Aug 15 — PKR’s view concerning provocative preacher Dr Zakir Naik will only be made public after Datuk Seri Anwar Ibrahim returns from performing his Haj in Mecca.
Malay Mail:
Share
No place for fugitive who abuses hospitality, Kit Siang says after Zakir’s remark on Chinese
KUALA LUMPUR, Aug 14 — DAP’s Lim Kit Siang has slammed fugitive preacher Dr Zakir Naik today for “compounding his abuse of Malaysian hospitality” following the latter’s remark calling ethnic...
Malay Mail:
Share
In Cabinet meeting, DAP ministers ask PM to deport Zakir Naik
KUALA LUMPUR, Aug 14 — Two DAP ministers today called for action to be taken against Dr Zakir Naik.
Malay Mail:
Share
Rais Yatim tells Putrajaya: Send Zakir Naik home, we have lots of other work to do
KUALA LUMPUR, Aug 14 — The government should repatriate India-born Dr Zakir Naik to his home country, former minister Tan Sri Rais Yatim tweeted today.
Malay Mail:
Share
Najib calls out ‘pro-Pakatan’ Chinese tycoon for telling military personnel to work the farms
KUALA LUMPUR, Aug 14 — Datuk Seri Najib Razak has hit out at a tycoon linked who suggested the government cut the number of Armed Forces personnel and send them to replace migrant workers in the Fed...
The Star:
Share
Reliance soars on stake sale plan to cut debt
MUMBAI: Reliance Industries Ltd soared the most in more than two years after billionaire Mukesh Ambani revealed a plan to sell a stake to Aramco as part of efforts to pare debt that piled after racking up US$76bil in capital expenditure in the last five years.MUMBAI: Reliance Industries Ltd soared the most in more than two years after billionaire Mukesh Ambani revealed a plan to sell a stake to Aramco as part of efforts to pare debt that piled after racking up US$76bil in capital expenditure in the last five years.
Malay Mail:
Share
Harmony in Malaysia? Look to common interests over law, says minister
KUALA LUMPUR, Aug 14 — Datuk Liew Vui Keong believes Malaysians would be better served pursuing harmony through things they have in common than in looking at laws that regulate what they can and can...
The Star:
Share
Reliance surges as Ambani seeks to cut debt With Aramco deal
MUMBAI: Reliance Industries Ltd. soared the most in more than two years after billionaire Mukesh Ambani revealed a plan to sell a stake to Aramco as part of efforts to pare debt that piled after racking up $76 billion in capital expenditure in the last five years.
Malay Mail:
Share
Zakir Naik gone too far in questioning Indian Malaysian loyalty, says veterans’ group
KUALA LUMPUR, Aug 13 — Veterans group Persatuan Patriot Kebangsaan believes Muslim preacher Dr Zakir Naik has gone overboard with his racial, religious provocation after questioning the loyalty of M...
The Star:
Share
Reliance selling stake to Aramco for US$75bil
NEW DELHI: Saudi Aramco continued its push into Asian oil refining with an agreement to buy a 20% stake in Reliance Industries Ltd’s oil-to-chemicals division at an enterprise value of US$75bil.
Malay Mail:
Share
India’s Reliance to sell US$15b stake in refining unit to Saudi Aramco
MUMBAI, Aug 12 — The head of India’s Reliance said today that it has agreed to sell a 20 per cent stake in its oil refinery and chemical unit to Saudi Aramco in a deal worth US$15 billion.
The Star:
Share
Modi says ample global money chance to access funds cheaper
Prime Minister Narendra Modi said availability of surplus liquidity in the international financial markets provides India an opportunity to access funds at lower borrowing costs.
The Star:
Share
Ex-McKinsey consultant builds US$535mil startup
WHEN Indian diners order biryani online from Rebel Foods, they’re greeted with a culinary history of the fragrant, slow-cooked rice dish.
Malay Mail:
Share
Report: Zakir Naik praises Dr M before 30,000 crowd in Kelantan
KUALA LUMPUR, Aug 10 — Controversial Mumbai-born Islamic preacher Dr Zakir Naik extolled Tun Dr Mahathir Mohamad’s courage before a crowd of tens of thousands during a public lecture in PAS-led Ke...
The Star:
Share
Gold gains as trade concerns weigh on global markets
NEW YORK: Signs of further escalation of the U.S.-China trade war and weak UK economic data weighed on global markets on Friday, capping a volatile week that has pushedgold to its highest level in six years.
The Borneo Post:
Share
Floods kill 22 in southern India
Indian Army personnel rescue people stranded in flood waters after heavy rains on the outskirts of Sangli in Maharashtra state.
Malay Mail:
Share
India central bank makes fourth rate cut this year, revises growth forecast
MUMBAI, Aug 7 — India’s central bank today cut interest rates for the fourth time this year and slashed growth forecasts as New Delhi battles a sluggish economy and high unemployment.
The Edge Markets:
Share
Malaysia July palm stocks to see first gain in 5 months — Reuters survey
KUALA LUMPUR (Aug 5): Malaysian palm oil stockpiles likely rose for the first time in five months, edging up to a three-month high, as production gains outpaced a rise in exports, a Reuters survey sho...
Malay Mail:
Share
How a shadow banking crisis sent India’s autos sector into a tailspin
Malay Mail:
Share
India passes ‘historic’ minimum wage law amid activist worries
MUMBAI, Aug 3 — India’s parliament yesterday passed a “historic” law to guarantee a minimum wage to hundreds of millions of workers, but labour activists said it did not go far enough to prote...
Malay Mail:
Share
PM says Putrajaya in difficult position as no country really wants Dr Zakir Naik
KUALA LUMPUR, July 31 — Malaysia is not keen for Dr Zakir Naik to be here, but is hard-pressed to deport him elsewhere as “many countries” will not accept the controversial Islamic preacher eith...
The Edge Markets:
Share
Teresa Kok leads investment mission to India
KUALA LUMPUR (July 30): Primary Industries Minister Teresa Kok is leading a Palm Oil and Rubber Economic and Investment Mission to India beginning yesterday to strengthen trade relations between New D...
Free Malaysia Today:
Share
Malaysia to replace Indonesia as top palm oil supplier to India
MUMBAI: Malaysia is set to replace Indonesia as the top palm oil supplier to India in 2019 as New Delhi has been charging lower import tax on refined palm oil shipments from Malaysia, giving Kuala Lum...
The Borneo Post:
Share
Teresa Kok leads investment mission to India
KUALA LUMPUR: Primary Industries Minister Teresa Kok is leading a Palm Oil and Rubber Economic and Investment Mission to India beginning yesterday to strengthen trade relations between New Delhi and P...
The Edge Markets:
Share
Malaysia could replace Indonesia as top palm oil supplier to India — trade
MUMBAI (July 30): Malaysia is set to replace Indonesia as the top palm oil supplier to India in 2019 as New Delhi has been charging lower import tax on refined palm oil shipments from Malaysia, giving...
Free Malaysia Today:
Share
Kok leads investment mission to India
KUALA LUMPUR: Primary Industries Minister Teresa Kok is leading an economic and investment mission to India to strengthen trade relations between New Delhi and Putrajaya.
theSun:
Share
Teresa Kok leads investment mission to India
KUALA LUMPUR: Primary Industries Minister Teresa Kok is leading a Palm Oil and Rubber Economic and Investment Mission to India beginning yesterday to strengthen trade relations between New Delhi and P...
Malaysiakini:
Share
Teresa Kok leads investment mission to India
Primary Industries Minister Teresa Kok is leading a palm oil and rubber economic and investment mission to India, which began yesterday, to strengthen trade relations between New Delhi and Putrajaya.
Malay Mail:
Share
Teresa Kok leads investment mission to India
KUALA LUMPUR, July 30 — Primary Industries Minister Teresa Kok is leading a Palm Oil and Rubber Economic and Investment Mission to India beginning yesterday to strengthen trade relations between New...
The Edge Markets:
Share
Petronas, Japan's JXTG may buy stake in India's Bina oil refinery — source
MUMBAI (July 29): Petroliam Nasional Bhd (Petronas) and a consortium led by Japan's JXTG Holdings Inc are among the companies interested in buying a stake in India's Bina oil refinery, a source close ...
The Star:
Share
Petronas, Japan's JXTG may buy stake in India's Bina oil refinery
MUMBAI: Petroliam Nasional Bhd (Petronas) and a consortium led by Japan's JXTG Holdings Inc are among the companies interested in buying a stake in India's Bina oil refinery, a source close to the matter said.
The Star:
Share
Rating agencies knew of stress at India's IL&FS, but gave good ratings
MUMBAI/NEW DELHI: Credit rating agencies for years assigned high ratings to India's Infrastructure Leasing & Financial Services (IL&FS) and its group companies despite its deteriorating financial health, according to a special audit conducted by Grant Thornton India.
Malay Mail:
Share
India’s Reliance reports 6.8pc rise in profits
MUMBAI, July 19 — Indian conglomerate Reliance Industries today reported a 6.8 per cent rise in consolidated net profit despite a slowdown in its oil refining business.
Malay Mail:
Share
Asian markets rally on fresh hopes for steep Fed rate cut
HONG KONG, July 19 — Asian markets rallied today as comments from a top Federal Reserve official were pounced on by investors as indicating the central bank will unveil a deep interest rate cut at t...
The Star:
Share
Yes Bank tumbles after profit misses estimates on bad loans
MUMBAI: Yes Bank Ltd. shares tumbled as much as 20% after the Indian lender’s profit missed estimates, bad-loan provisions swelled and capital buffers weakened.
The Star:
Share
Asset sale mulled to cut Apollo Hospitals debt
MUMBAI: The family that controls Apollo Hospitals Enterprise Ltd, India’s largest private hospital chain, is looking to sell assets or bring an outside investor into their holding company to pay down debt.
Malaysiakini:
Share
Pakistan arrests accused mastermind of Mumbai attacks
Pakistan authorities on Wednesday arrested Hafiz Saeed (above), the alleged mastermind of a four-day militant attack on the Indian city of Mumbai in 2008, on terror finance charges, a spokesman for th...
The Star:
Share
Dewan Housing posts first loss as business grinds to a halt
MUMBAI: Beleaguered Indian shadow lender Dewan Housing Finance Corp. posted its first quarterly loss in more than a decade, missed interest payments and cast doubt on its ability to continue as a going concern.
The Star:
Share
Apple’s India-made top-end iPhones to hit stores next month: source
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.
The Star:
Share
Anil Ambani plans US$3.2b asset sales to pare massive debt
MUMBAI: Indian tycoon Anil Ambani plans to raise about 217 billion rupees (US$3.2bil) by selling assets from roads to radio stations in a bid to cut debt.
Malay Mail:
Share
Home minister explains why Zakir Naik, wanted by India, free in Malaysia
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...
The Star:
Share
Deutsche Bank poised to cut more than 20 equities staff in India
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.
The Star:
Share
Feud atop Asia’s biggest budget carrier starts getting ugly
NEW DELHI: A dispute between the founders of Asia’s biggest budget airline deepened after one accused the other of dubious governance practices, roiling the company’s shares and raising concerns that the feud will drag on.
Malay Mail:
Share
India’s TCS reports 11pc rise in profits
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...
The Star:
Share
An Indian billionaire doubles down on controversial coal mine
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.
Tech in Asia:
Share
In brief: Indian cloud kitchen Rebel Foods secures $5m from Gojek
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.
Malay Mail:
Share
Asian markets hit as US jobs data dent hopes for big rate cut
HONG KONG, July 8 — Asian markets retreated today and the US dollar held gains after a blockbuster US jobs report dashed hopes that the Federal Reserve would slash interest rates this month.
The Star:
Share
India’s PNB detects US$556mil fraud
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.
The Star:
Share
India plans US$10bil bank recapitalisation
MUMBAI: The Indian government has announced a fresh capital infusion of about US$10bil into debt-burdened state banks and credit guarantees to support shadow lenders in a bid to boost lending and revive the economy.
© 2017-2019 The Malaysian Pulse by Belian Tech PLT. All Rights Reserved.
Free Car Sticker Disclaimer hello@beliantech.com