Tag Archives: India’s

Moto C Plus India Launch: Lenovo Wants a Greater Share of India’s Affordable Smartphone Market

Lenovo’s Moto brand is accelerating its efforts to cash in on the affordable smartphone (Rs. 6,000-10,000) segment in India with the launch of the Moto C Plus, at a price of Rs 6,999. Earlier this month, Lenovo had launched Moto C at Rs. 5,999, which is the cheapest Moto device in the company’s current portfolio in India. The… Read More »

‘I have to be taller’: the unregulated world of India’s limb-lengthening industry

Komal never told her friends where she really went for six months last year. The 24-year-old, from the town of Kota, in western India, went to see Dr Amar Sarin, an orthopaedic surgeon in Delhi, who made her eight centimetres (3in) taller, a procedure which involved breaking the bones in her legs and wearing a brace until she… Read More »

India’s coal efficiency drive risks ire of powerful unions

Plans by India’s coal monopoly to buy billions of dollars of new machinery and outsource work are facing resistance from powerful unions worried about job losses, in a potential blow to Prime Minister Narendra Modi’s promise to bring electricity to all. State-run Coal India Ltd (COAL.NS), the world’s biggest coal miner, has already doubled output growth since Modi… Read More »

India’s floundering bank debt-for-equity deals a warning for China

Indian lenders are struggling to find new owners for unprofitable steel and infrastructure companies they took over under a debt-for-equity swap, a warning sign for China, which is launching a similar scheme. Indian banks have either taken over or are in the process of seizing majority control in 18 firms with a combined debt of about $15 billion,… Read More »

Looming debt sales threaten India’s bond rally

A rally in India’s bond market this month could prove short-lived as investors brace for as much as $157 billion in sovereign debt sales over the next year, including from states financing a big bailout of electricity utilities, analysts warn. The amount of supply expected will be well above the $130 billion raised this fiscal year ending on… Read More »