The wrangling may delay PM Modi’s plan to bolster India’s manufacturing capacity and could deter overseas investors, who invested $30 billion in the six months to September 2020.
INDIA-CHINA TENSIONS: The wrangling might hurt local firms like Pegatron, Hon Hai and Wistron, who committed to establishing smartphone plants in India/ Bloomberg
India visa curbs for Chinese workers hurting Taiwan tech giants livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.
India visa curbs for Chinese workers hurting Taiwan tech giants straitstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from straitstimes.com Daily Mail and Mail on Sunday newspapers.
India Startup Crushed by WhatsApp Now Aims to Rival Facebook
Bloomberg 2/18/2021 P R Sanjai
(Bloomberg) Kavin Bharti Mittal, a scion of the family behind India’s second-biggest wireless operator, is planning to revive his struggling technology startup more than four years after it was valued at $1.4 billion by backers including Softbank Group Corp.
Since attaining unicorn status in 2016, New Delhi-based Hike Pvt. has suffered a string of setbacks. The latest blow came last month when it shut down its signature messaging app a platform that grabbed the attention of other investors such as Tencent Holdings Ltd. and Foxconn Technology Group for taking on WhatsApp in the local market.