Articles by Ashish Shukla

With 1,300 jobs on offer, India remains Amazon's jobs hot spot

Amazon has almost 1,300 openings in India followed by China, has 467 job openings, Japan 381, Australia and Singapore which have 250 and 174, vacancies respectively.

Jan 16, 2019

Curb on foreign e-commerce players to affect FDI inflow in India: US industry body

The statement has come after the Modi led government introduced changes to the foreign direct investment policy for the e-commerce segment.

Dec 30, 2018

Chinese smartphone vendors begins losing buyers

After US, European nations mooting ban on Huawei over data security concern

A series of ban in the European countries could lead to a financial crisis in Huawei as it is the largest market of the company outside China.

Dec 26, 2018

Huawei

Facebook India posts 52% jump in revenues at Rs 521 crore; profit soars 40% amid low-cost data

Notably, Facebook's total revenue surged 53 per cent in India which also represents the money it earned through Whatsapp.

Dec 26, 2018

Facebook

Trouble mounts for Johnson & Johnson as India reacts report of asbestos in its baby powder

In the latest development, India's federal drug regulator informed that it is considering the report published by the news agency.

Dec 19, 2018

Northrop Grumman’s Cygnus spacecraft launches on an Antares rocket at 4:01 a.m. EST Nov. 17, 2018, from the Virginia Mid-Atlantic Regional Spaceport’s Pad-0A at NASA's Wallops Flight Facility in Virginia. Northrop Grumman's 10th contracted cargo resupply

French aerospace contractor Thales to hire 2,000 engineers for Bangalore centre

Thales is a French headquartered multinational company that designs systems and provides services for the aerospace, defence, transportation and security markets

Dec 15, 2018

Shipping containers, including one labelled "China Shipping," are stacked at the Paul W. Conley Container Terminal in Boston, Massachusetts, U.S., May 9, 2018. REUTERS/Brian Snyder/File Photo

China says no to India's proposal to renminbi-rupee trade

India was looking for renminbi-rupee to buttress its exports and check the arresting state of increasing the trade deficit.

Dec 2, 2018

trump-blames-president-xi-jinping-for-north-koreas-threat-to-cancel-face-to-face-summit

Trade war escalation the 'most likely' outcome of Trump-Xi dinner: Goldman Sachs

The G-20 summit could be the last chance to the economic powerhouses to avoid a full-fledged trade war which has sent shock waves across the global financial markets.

Dec 1, 2018

Johnson & Johnson faulty hip implants case: India health ministry approves compensation

The product was recalled in 2010 globally after the multiple complaints of follow up surgeries due to complications such as infections and metal leaching.

Dec 1, 2018

Hyundai Motor union stages first full strike in 12 years

Hyundai Antirust Violation case: India SC stays Rs 420.26 crore penalty by CCI

The defense argued that in other similar appeals, the apex court had also granted interim relief against the impugned directions.

Nov 18, 2018

Binny Bansal resignation: Did Walmart use it as a ruse to edge the last of founders out?

Since the beginning of the deliberations of majority sale, Walmart wanted one of the co-founders out of the company which has forced Sachin Bansal to resign from all of his responsibilities from the company

Nov 17, 2018

Elon Musk dream closer to reality as Hyperloop One passenger pod peaches 192 mph on latest test run

India's first hyperloop: Here's everything you need to know about this expensive project

In a notification issued on November 2, Maharashtra government's urban development department declared the Pune-Mumbai Hyperloop project as a public infrastructure project

Nov 8, 2018

New Zealand is ready for Ola service after UK and Australia

The announcement was made by Ola on Tuesday where it would offer rides across three largest cities of New Zealand viz. Auckland, Wellington, and Christchurch.

Nov 7, 2018

India may trade with Iran in rupee for oil imports

India is expected to stimulate a previous arrangement of making payments in rupee in an account with UCO Bank.

Nov 5, 2018

A general view of the port before the inauguration of the China-Pakistan Economic Corridor port in Gwadar, Pakistan

Pakistan to reconsider 'Silk Road' projects fearing Chinese debt trap

The voice of dissent against the Chinese projects has become stronger under the new government of populist Prime Minister Imran Khan, who himself has questioned the rising debt levels in the country.

Oct 1, 2018

Anil Ambani planning to give up control of Reliance Communications?

The company will only own the undersea telecommunications cable system, data centres, and business-to-business connectivity services.

Sep 28, 2018

Home prices in Dubai fall 22 percent from 2014 levels

The residential capital values slumped by nine percent in Q3, 2018, the decline has slowed to 2.9 percent as against the previous quarter.

Sep 27, 2018

Ola raises $50 m from China's communist party-backed investor

Sailing and CEECF, have paid the amount to hold a combined stake of more than 1 percent in Ola which implies that its valuation has gone up since its previous round of funding.

Sep 19, 2018

Amazon almost done investing $5 billion to expand business in India

Amazon is spending its most part of the investment in building infrastructure for the future and it is expected that Amazon is going to invest aggressively in ever-growing market.

Sep 17, 2018

Indian Space Research Organization (ISRO) scientists and engineers monitor the movements of India's Mars orbiter at their Spacecraft Control Center in the southern Indian city of Bangalore November 27, 2013.

ISRO calls for greater participation from private players in space exploration industry

Notably, Prime Minister Narendra Modi has announced on this year's Independence Day that India will send its first manned spacecraft by 2022.

Sep 7, 2018

Space

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