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Xiaomi goes upmarket with new Mi MIX concept phone featuring ceramic body

Xiaomi is using the device to build brand awareness among high-end users


Tata Group CEOs may have been kept in the dark over Cyrus Mistry’s replacement by Ratan Tata as Chairman

Most group units fell in Indian trading on Tuesday, though some Tata companies such as Tata Teleservices Maharashtra Ltd. climbed as much as 9.3 percent. Tata Consultancy Services Ltd., the group’s largest subsidiary, fell

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Tata Mutiny Must Yield a Bounty to Save Investor Returns: Gadfly

Monday evening's mutiny at Bombay House, the headquarters of India's steel-to-software conglomerate Tata, was as swift as it was abrupt.

Turmoil at Tata Group after bizarre ouster of Chairman Cyrus Mistry

Tata Group abruptly ousted its chairman Cyrus Mistry who was at the helm for almost four years in a rare display of discord atop India’s biggest conglomerate, casting the specter of a leadership vacuum at the $100 billion c

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Flipkart’s strategy to open offline stores could be a winner; here is how

From the annals of Truth Is Stranger Than Fiction comes news that the Indian e-commerce giant Flipkart is considering getting into bricks and mortar. The company that made a name for itself helping shoppers avoid physical sto


From the annals of Truth Is Stranger Than Fiction comes news that the Indian e-commerce giant Flipkart is considering getting into bricks and mortar. The company that made a name for itself helping shoppers avoid physical sto

Mark Mobius: One of the most exciting things about India is Narendra Modi’s reforms

The Indian rupee’s longest losing streak since May masks growing confidence among global investors in Prime Minister Narendra Modi’s management of the world’s fastest-growing major economy.

AT&T-Time Warner Could Disrupt $8 Trillion Debt Market: Gadfly

But AT&T's debt may balloon to levels that would put it at risk of a downgrade.

Goldman CEO Blankfein ‘Supportive’ of Hillary Clinton for Pragmatism

Lloyd Blankfein, chief executive officer of Goldman Sachs Group Inc., has shied away from publicly backing a presidential candidate this year, saying his support could harm that person’s chances.

Goldman Sees China’s ‘Stealth’ Coal Bailout Lasting to 2020

China’s coal production restrictions are a “stealth” bailout for miners and their creditors that may last until the end of the decade as the policies help boost prices, according to Goldman Sachs Group Inc.

Bombardier to scrap 7,500 more jobs as CEO deepens cost cuts

Bombardier Inc. will cut an additional 7,500 jobs -- more than 10 percent of its workforce -- as the maker of trains and airplanes accelerates a restructuring plan after taking on billions of dollars of debt developing its ma

Card breach can hinder PM Narendra Modi’s quest to go cashless; here’s how

India’s quest to become a cashless economy has been dealt a blow by a data breach that compromised as many as 3.2 million debit cards.

Mukesh Ambani, India needs you to keep spending: Gadfly

On Thursday, Ambani's Reliance Industries announced operating profit before exceptional items of 107.95 billion rupees ($1.62 billion), a 36 percent jump from the year-earlier quarter.

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China to Surpass US as World’s Largest Aviation Market by 2024

China is set to overtake the U.S. to become the world’s largest aviation market by passengers by 2024 as more people take to the skies domestically and internationally, according to the International Air Transport Associati

Hillary Clinton’s 85 Slogans Explain 2016 Campaign: Francis Wilkinson

Hillary Clinton's slogan -"Stronger Together" - is less rousing but at least it's targeted at a majority. Like almost everything in this campaign, it is shaped by the outlandish anomaly of Trump's candidacy.

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Snoopy, Loved as Friend, Lacking as Leader, Gets Boot at MetLife

When MetLife Inc was looking for a lovable face in the 1980s to appeal to individual customers, the cartoon character Snoopy was just the right beagle. Now that the company is exiting the US retail market and focusing on grou

Relax, America, Democracy Will Survive Donald Trump: Leonid Bershidsky

There's a lot of shock and horror about Donald Trump's refusal to say during Wednesday night's debate that he'd accept the result of the November 8 vote.

The Beatles move to dismiss copyright suit over footage of famous concert

On the verge of last month's release of Eight Days a Week - The Touring Years, a Ron Howard-directed film showing live performances of The Beatles, a surprising lawsuit was filed by the company assigned Sid Bernstein's intell

Pierce Brosnan Apologizes for Controversial Pan Bahar Ad

Pierce Brosnan apologized for his appearance in an Indian advertising campaign for a controversial breath freshner that many people see as a health risk.

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Nestle cuts sales forecast as emerging market growth slows

Nestle SA, the world’s biggest food company, cut its full-year forecast after nine-month revenue rose at the weakest pace in more than a decade, hurt by slowing growth in emerging markets and deflation in most of Europe and

BlackRock Boosts India bond holdings on carry, room for easing

BlackRock Inc., the world’s largest money manager, has been increasing positions in Indian local-currency bonds in the past two months, lured by attractive carry returns and the prospect for more monetary easing.

Shale drillers going long — not deep — in the oil patch

Long is the new deep. Just ask SM Energy Co., which on Tuesday spent $1.6 billion to expand its acreage in America’s most prodigious oil patch, the Permian Basin.

US banks face new demands to guard themselves from hackers

Hackers who relentlessly pursue banks may run into tougher defenses as the Federal Reserve and other U.S. regulators force the biggest lenders to plug any vulnerabilities.

Apple wants to get inside your new home before you even buy it

In a darkened master bedroom, David Kaiserman stood in shirtsleeves next to a turned-down king bed. “Good morning, Siri,” he said to the iPad in his hand, and the lights went on while the blackout shades retracted.

Oil rises to 15-month high on US supply drop, OPEC optimism

Oil rose to a 15-month high in New York after the Energy Information Administration reported that US crude inventories fell last week and Saudi Arabia’s energy minister said many nations are willing to join OPEC output cuts

Saudi Arabia to sell record $17.5 billion of bonds, biggest ever from an emerging-market nation

Saudi Arabia is planning to raise as much as $17.5 billion in the biggest bond sale ever from an emerging-market nation, according to two people with knowledge of the offering, as it seeks to shore up finances battered by the

Boss of Auto: Carlos Ghosn on track to become first executive to head three different automakers at the same time

Nissan Motor Co. and Renault SA Chairman Carlos Ghosn is set to add that title at Mitsubishi Motors Corp., according to people with knowledge of the matter, putting him on track to become the first executive to head three dif

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