Sun Pharma licenses two products to China Medical System

Sun Pharmaceutical Industries today announced that it had licensed two of its products — for psoriasis and for dry eye — to China Medical System Holdings Ltd or CMS. CMS will pay Sun Pharma an initial upfront payment, regulatory and sales milestone payments, and royalties on net sales, the Indian pharma company said. The financial […]

Masood Azhar’s terror tag more a diplomatic victory than a strategic win

In what is considered a major diplomatic victory for India and an extra push for Indian Prime Minister Narendra Modi in the middle of the general elections, the United Nations (UN) on Wednesday declared Masood Azhar, chief of Pakistan based terror group Jaish-e –Mohammad, a designated terrorist. The way was cleared for declaring the terror […]

CMR calls OnePlus 6 “finest Android smartphone out there”

Market research firm CyberMedia Research has called the OnePlus 6, the latest smartphone from the eponymous Chinese start-up, the ‘finest Android smartphone out there today’. In a note trying to explain the success of the Chinese company in markets like India, Prabhu Ram, head of Industry Intelligence Group at the firm also called it the […]

100 companies book slots in India’s electronic manufacturing clusters

The government of India today said that it has stopped taking new applications for setting up Electronic Manufacturing Clusters under a plan announced five years ago. A total of 18 electronic manufacturing clusters in 12 states were approved to be set up under the scheme, the government said. The cluster scheme envisaged the housing of […]

China has not restarted construction in Doklam area – Sushma Swaraj

Indian external affairs minister Sushma Swaraj on Thursday denied reports that China has restarted construction activity at or near the site of a stand-off between the two countries earlier this year. “Since the disengagement of Indian and Chinese border personnel in the Doklam area on 28 August 2017, there have been no new developments at […]

Chinese soldiers start working with Pak army on Gujarat, Rajasthan border – BSF

A report by the Border Security Force has flagged what it called increasing presence of Chinese military personnel on India’s border with Pakistan. While the presence of Chinese troop in the Gilgit Baltistan region near the trijunction of the three countries was already known, the activities of Chinese soldiers and engineers have now spread to […]

DOKLAM 2: Why India is not sending troops to stop Chinese construction

Doklam is in the news again, 40 days after the Chinese pulled back their construction equipment on the border plateau in deference to Indian sensitivities. With two weeks to go for the crucial National Congress of the Communist Party of China, India’s northern neighbor has again started construction activity near Doklam. Apart from some verbal […]

Govt seeks Citizen’s help in cracking down Chinese fireworks

The government of India has warned against the import of illegal chemicals used in making fireworks and sought citizens’ help in tracking them. “Possession and sale of fireworks of foreign origin is illegal and punishable under the law,” it said in a statement today. “Information about possession and/or sale of such fireworks may be reported […]

Post Doklam, India and Japan agree to increase defence cooperation

India and Japan have agreed to increase defence cooperation, particularly in terms of providing mutual training as well as in sharing technology. India’s outgoing defence minister Arun Jaitley reached several agreements with his Japanese counterpart in this matter, days after the country ended a tense border dispute with China that saw the northern neighbor make […]

India to announce new industrial policy in October

The Indian government is likely to announce a new industrial policy in October, the ministry of commerce and industry said, and sought feedback from the public. Commerce and industry minister Nirmala Seetharaman will hold a final round of consultations with stakeholders soon, it added. “Sitharaman will hold consultations with stakeholders, including industry captains, think tanks […]

After Doklam, Modi confirms attendance at BRICS summit, to visit Myanmar

Indian Prime Minister Narendra Modi will visit China to attend the upcoming conference of the BRICS forum on September 3-5, the Prime Minister’s Office said today. On the way back, he will also conduct a three-day visit to Myanmar, it added. “At the invitation of the President of People’s Republic of China, Prime Minister Shri […]

DOKLAM STAND-OFF: India, China agree to ‘disengage’

The External Affairs ministry of Government of India has said that India and China have agreed to an ‘expeditious disengagement’ of border personnel at the Doklam plateau in Bhutan. In a statement, the external affairs ministry said: “In recent weeks, India and China have maintained diplomatic communication in respect of the incident at Doklam. During […]

India draws closer to US under Modi, to restart ‘COPE INDIA’

The Narendra Modi-led National Democratic Alliance government of India is ramping up defense cooperation with the United States, and will restart COPE INDIA, a mock combat exercise between the US and Indian Air Force. COPE INDIA was first conducted in 2004, and subsequently in 2005, 2006 and 2009, after which it was abandoned. The exercise […]

SLOW START: India adds 8.3% of 2017 target solar capacity in three months

India added only 827 megawatt of solar power generation capacity in the first three months of the current financial year, indicating a slow start to the yearly program. The addition of the first three months represents only 8.27% of the 10,000 megawatt that it is supposed to come online this year. According to India’s ambitious […]

Glaucus questions stock price of Hong Kong-listed Fullshare Holdings Ltd

Glaucus Research Group, a California-based short seller, said it was selling Hong Kong-listed developer Fullshare Holdings due to peculiar trading patterns seen in the stock’s counter. “Fullshare is supposedly a commercial and residential property developer, but this business is tiny compared to its market capitalization. In FY 2016, Fullshare generated a paltry RMB 132 million […]