Cisco is working with telcos on a private 5G as a service model, says a senior executive.

US network equipment maker Cisco is working with telecom operators to find ways to make money off of 5G use cases, especially the private 5G as a service model, a senior company executive said. This is happening as Reliance Jio and Bharti Airtel speed up their 5G rollouts. India will jump ahead e...

Lamborghini sales in India have been on the rise recently.

A senior Lamborghini executive has stated that despite worldwide recessionary dangers, the Indian market remains one of the fastest growing for the brand last year. "Our sales in the Indian market climbed by 33% last year," stated Francesco Scardaoni, Region Director, Automobili Lamborg...

The newest member of May Mobility's executive team is eager to expand the company's fleet of autonomous vehicles

Kathy Winter has been working on the deployment of autonomous vehicles for more than a decade, first at the auto parts supplier Delphi and now as the general manager of Intel's autonomous transportation branch. May Mobility is a 5-year-old autonomous vehicle firm, and they've just hired a...

50th Anniversary India-UAE Stamp

India's Ambassador to the United Arab Emirates, Sunjay Sudhir, and the Chief Executive Officer of Emirates Post, which is the postal provider for the United Arab Emirates, uncovered a hardcopy of the India-UAE Joint Commemorative Stamp in response to the fact that India and the United Arab Em...

How Dubai Internet City is transforming into a centre for internet businesses looking to expand into the Middle East

Khazna, one of the Middle East's major data centre infrastructure providers, announced the opening of two new data centres in Dubai Internet City.

The greatest centre for technology businesses in the UAE is Dubai Internet City. The new data centres will help these businesses by allo...

Amazon executives summoned by India police in marijuana smuggling case

Police in Madhya Pradesh state of India have summoned the local executives of Amazon as they are investigating a case. In the case the e-commerce platform was allegedly used for smuggling marijuana, according to the police officialls.

Highlights

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22 OVERSEAS MEDIA OUTLETS BEGIN 4 DAY TOUR TO LEARN ABOUT CPC

Highlights –

• 22 overseas media outlets begin 4 day tour to learn about CPC.
• The State Council Information Office organized the 4 day event.
• Chinese news organizations also started took part in the event and began their journey in the ...

HUAWEI ANNOUNCES TO LIGHT UP 1,000 FACTORIES WITH 5GtoB SOLUTION

Highlights –

• Huawei announces to light up 1,000 factories with 5GtoB solution.
• China plans to accelerate industrialization of factories.
•  Huawei is said to have worked with operators and other industry partners to develop the 5Gt...

US SEC DENIED THE RIGHT TO SCRUTINIZE RIPPLE OFFICIALS’ TRANSACTION HISTORY

Highlights:

•       SEC has brought allegations against Ripple

•       XRP is Ripple's cryptocurrency that SEC calls a security

According to the US SEC, Ripple’s XRP is not a cryptocurren...

HITACHI LTD. TO BUY U.S GLOBALLOGIC INC. FOR $9.6 BILLION

Highlights –

• Hitachi Ltd. to buy U.S GlobalLogic Inc. for $9.6 billion.
• The acquisition is said to strengthen Hitachi’s digital operations in its wide range of business.
• Previously the deal was expected to close by end of July 2...

CHINA FINALISED DUE CHANGES IN HONG KONG’S ELECTORAL SYSTEM

Highlights –

• China finalised due changes in Hong Kong’s electoral system.
• Candidates for public office and work with national security authorities will be monitored by a new committee.
• Beijing imposed the new security legislatio...

CHINA’S ENERGY MONSTER STARTUP COMPANY ENTANGLED IN OWNERSHIP DISPUTE

Highlights –

• China’s Energy Monster startup company entangled in ownership dispute.
• The company is backed by Alibaba and SoftBank.
• The ownership dispite could cloud a Nasdaq flotation.
• Two Shanghai-based venture capit...

BOJ WILL START FEASIBILITY STUDY ON DIGITAL CURRENCY

Highlights –

• BOJ will start feasibility study on digital currency.
• The central bank will gear up preparation to swiftly supply the virtual unit.
• 5 banking associations will be studying CBDC among few others.
• BOJ held its fi...

CHINA’S BYTEDANCE WORKING ON CLUBHOUSE-LIKE APP FOR ITS OWN COUNTRY

Highlights –

• China’s ByteDance working on Clubhouse-like app for its own country.
• Clubhouse was blocked in China in early February.
• Xiaomi Corp. is reworking its Mi Talk app into an invitation-only audio service.
• Club...

SEOUL DISCTRICT COURT ACQUITTED KOLON LIFE EXECUTIVES ON FRIDAY

Highlights –

• Seoul District Court acquitted Kolon Life executives on Friday.
• The two executives allegedly made fraudulent reports in its gene therapy drug.
• A senior director at the clinical development team is made to pay a fine of 5 ...

TATA MOTORS APPOINTS MARC LLISTOSELLA AS INDIA BUSINESS CHIEF

HIGHLIGHTS

• Tata Motors has appointed Marc Llistosella as India business chief.
• Earlier Marc Llistosella worked with Daimler Trucks.
• Marc Llistosella‘s appointment shows that Tata Sons are focusing more on commercial vehicle business.<...

NEW AMAZON CEO ANDY JASSY HAS BIG PLANS FOR AMAZON INDIA

HIGHLIGHTS

• Jeff Bezos has resigned as Amazon CEO.
• Andy Jassy is the new Amazon CEO.
• There are speculations about Andy Jassy having big plans for Amazon India.

With Jeff Bezo resigning as Amazon Chief Executive Officer (CEO...

S. KOREA’S SUPREME COURT UPHOLDS GUILTY CONVICTIONS OF SAMSUNG EXECUTIVES

Highlights –

• S. Korea’s Supreme Court upholds guilty convictions of Samsung Executives.
• The former and current executives are accused of sabotaging labor union activities at a subsidiary company.
• Kang Kyung Hoon, a vice presiden...

JAPAN BEGINS SPRING WAGE NEGOTIATIONS WITH EXPECTATION TO SLOW DOWN PAY INCREASES

Highlights –

• Japan begins spring wage negotiations with expectations to slow down pay increases.
• The Japanese Trade Union Confederations are expected to demand a pay hike.
• However, the Keidanren mentioned that pay hikes across the boa...

BUSINESS LOBBIES IN JAPAN AIM TO HAVE WOMAN FOR EXECUTIVE POSITIONS

Highlights –

• Business lobbies in Japan aim to have women for executive positions.
• The biggest business lobbies are aiming for 30% of the above positions by 2030.
• Japan occupies the last place in the World Economic Forum’s gender...