Medicover Hospitals has expanded its footprint in India with the opening of a new 300-bed super specialty hospital in Hanamkonda, Warangal, Telangana. The facility boasts seven operation theatres, an extensive Intensive Care Unit (ICU), a catheterisation laboratory (cath lab), and aims to provide comprehensive care in one location. Medicover Hospitals (India) chairman and managing director […]
Tag: India
Robust demand boosts India factory growth in June, PMI shows
By Shaloo Shrivastava BENGALURU (Reuters) – Activity in India’s manufacturing sector rebounded last month as output increased on robust demand, leading to the fastest rate of hiring in over 19 years, despite inflationary pressures remaining elevated, a survey showed. Strong demand is a much needed ingredient for growth in Asia’s third-largest economy, which is the […]
India, four SE Asia countries plan instant retail cross-border payments
MUMBAI (Reuters) – The central banks of India, Malaysia, Thailand, Singapore and the Philippines are working together to start an instant cross-border retail payments platform by 2026, the Bank of International Settlements (BIS) said on Monday. BIS, dubbed the central bankers’ central bank, said it aims to link each country’s instant digital payment system — […]
Modi, Gandhi Face Off in India Parliament Over Religious Tension
(Bloomberg) — India’s main opposition leader Rahul Gandhi accused Prime Minister Narendra Modi and his party of spreading violence and hate in a fiery standoff between the two rivals in the parliament Monday. Most Read from Bloomberg Gandhi, who became the parliament’s first leader of the opposition in a decade after his party almost doubled […]
Speeding Lamborghini Aventador SVJ Crashes in India
Read the full story on Modern Car Collector Speeding Lamborghini Aventador SVJ Crashes in India A high-speed incident involving a Lamborghini Aventador SVJ recently unfolded on the outskirts of Bangalore, India, highlighting the potential dangers of fast driving. The luxury supercar reportedly rear-ended an MPV while traveling on a highway, leading to significant damage to […]
India steel, trade ministries in talks over rising Chinese imports, says source
By Neha Arora NEW DELHI (Reuters) – India’s steel and trade ministries are in talks over rising imports, particularly cheap Chinese goods, a government source with direct knowledge of the matter said on Saturday, amid persistent calls for higher tariffs from top producers. India turned net steel importer in the fiscal year that ended in […]
Alibaba to close data centres in Australia, India amid expansion in Southeast Asia, Mexico
Alibaba Group Holding‘s cloud computing unit plans to shut down its data centres in Australia and India, as the company prioritises infrastructure spending in other markets. Citing the move as part of its “infrastructure strategy update”, Alibaba Cloud said the decision was made after a “careful assessment” amid new efforts to “expand investment in Southeast […]
US, India extend digital tax truce to Sunday as deadline approaches
By David Lawder (Reuters) – The United States and India have extended a standstill agreement on U.S. retaliation over India’s digital-services tax until Sunday, aligning it with a fast-approaching deadline for a global deal to reallocate taxing rights on the world’s biggest and most profitable companies, the U.S. Treasury said on Friday. In a brief […]
India kicks off $11.5 billion spectrum auction; analysts expect lacklustre bidding
BENGALURU (Reuters) – India has offered telecom spectrum worth around 962.38 billion rupees ($11.53 billion) for auction on Tuesday, it said in a release, even as analysts expect lacklustre participation from players as they shore up their existing spectrum. A total of 10 GHz of radiowaves is up for sale in this auction, ranging between […]
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India boosts defense ties with Bangladesh as it tries to become a counterweight to China
NEW DELHI (AP) — India and Bangladesh on Saturday moved to bolster their defense relationship and signed agreements for expanding cooperation in maritime security, ocean economy, space, and telecommunication sectors, as New Delhi tries to present itself as a regional power and a counterweight to China. The agreements were signed during Bangladesh Prime Minister Sheikh […]
India advances light attack helicopter program with large tender
Thanks to its high-altitude performance, the Light Combat Helicopter – or LCH for short – is an important aviation platform for India’s military. Now, a major acquisition of this helicopter type has moved forward after India’s Ministry of Defence issued a request for proposals. The RfP was issued to Hindustan Aeronautics Limited (HAL), the designer […]