Big Story – North America
Jio-Facebook: Match made in heaven or an expedient medium-term partnership?
Facebook’s purchase of a 10 per cent stake in Jio Platforms for $5.7 billion looks like a win-win for both partners and burnishes India’s image as an FDI hotspot even during a lockdown, and many analysts are speculating how this will play out in the long term. Highlights: Facebook bought a 9.99 per cent stake in Jio Platforms, RIL’s wholly-owned subsidiary that houses its telecom venture and most of its digital assets, for $5.7 billion. This is the largest investment for a minority stake in a technology company anywhere in [...]
Right time for India to push for greater FDI inflows
Despite a global recession, India is expected to be among the few countries that will still grow, offering foreign investors an ideal FDI destination as they look to relocate their [...]
Tilting closer towards Uncle Sam
The close cooperation between India and the US on ways to combat COVID-19 stands in sharp contrast to India’s transactional ties with China. Highlights: Given the long history of wariness [...]
A contrarian call in times of the coronavirus crisis
Foreign investors have been offloading Indian shares in reaction to the coronavirus scare. But the Warren Buffet formula suggests that investors who buy into the India growth story now could [...]
Skill India Mission is a huge business opportunity for the world
The Modi government’s Skill India Mission, which is being supported by the World Bank and institutions in the US, the UK, Japan, Germany and other countries, promises to improve and [...]
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