Don’t miss the latest developments in business and finance.

Chinese Tech Firms

The US has imposed export controls and investment restrictions targeting Chinese tech firms, citing national security concerns

Updated On: 05 Nov 2024 | 1:53 PM IST

Nations are increasingly imposing restrictions on Chinese companies like DJI, Hesai, and TikTok due to perceived threats related to privacy, security, and trade competition

Updated On: 24 Oct 2024 | 3:51 PM IST

The blacklist stems from the 2021 National Defense Authorization Act, which requires the Pentagon to identify 'Chinese Military Companies' operating in the US

Updated On: 24 Oct 2024 | 12:18 PM IST

A portal to facilitate business visas for Chinese technicians, whose expertise are required in Indian manufacturing firms in the PLI sector, has started functioning, a senior government official said on Wednesday. The move assumes significance as some domestic manufacturing firms have flagged the issue of delay in getting visas for Chinese technicians, who are required for works like installation or repair of certain machines, besides training workers in India. "The portal started last week only. It is to streamline the process where business visas will be given to Chinese technicians in the PLI sector," the official said. The official added that the home affairs ministry has held interaction with different departments to sensitise and train them in how the portal will be used. Normally, these experts require a visa for 3-6 months for works like installation of machines and training workforce to use those machines. The PLI scheme was announced in 2021 for 14 sectors, including ...

Updated On: 07 Aug 2024 | 4:12 PM IST

After formulating a standard operating procedure (SOP) for streamlining visa approvals for Chinese professionals whose expertise is required by vendors under the PLI scheme, the government is in the final stages to put in place similar processes for other manufacturing units, an official said. The move assumes significance as some domestic manufacturing firms have flagged the issue of delay in getting visas for Chinese technicians, who are required for works like installation or repair of certain machines, besides training workers in India. "Most of the PLI (production-linked incentive scheme) visas have been taken care of. For general manufacturing also, we are trying to create a better streamlined SOP... that is with the Ministry of Home Affairs. It's at the final stages. We are hoping to sort it out. We have done a lot of sensitisation," the official said. The rollout of SOPs does not require any approval from the Union cabinet as it is an internal process to relax norms "a bit"

Updated On: 16 Jun 2024 | 4:27 PM IST

The world community must work towards converting the monopoly in technology into mass usage to lay the foundation of an inclusive society and help eliminate social inequalities, Prime Minister Narendra Modi said on Friday. In an address at the Outreach session of the summit of G7 advanced economies at Italy's Apulia region, Modi also said India will work with all countries to make Artificial Intelligence transparent, fair, secure, accessible and responsible. The prime minister said India's approach in the field of energy is based on four principles -- availability, accessibility, affordability and acceptability. Highlighting the challenges facing the countries of the Global South, Modi said they are bearing the brunt of uncertainties and tensions around the world. "India has considered it its responsibility to place the priorities and concerns of the countries of the Global South on the world stage. We have given high priority to Africa in these efforts," he said. "We are proud th

Updated On: 15 Jun 2024 | 7:22 AM IST

Huawei, which is blacklisted by the US government, secretly funded a research competition that has awarded millions of dollars through the Optica Foundation

Updated On: 17 May 2024 | 7:54 AM IST

During the raids, the European Union officials reportedly accessed the company's ICT system, instilling apprehension among Chinese businesses operating in Europe

Updated On: 24 Apr 2024 | 4:39 PM IST

A Google spokesperson said Ding acted alone and that the company was able to act quickly and refer the case to law enforcement after discovering the problem

Updated On: 07 Mar 2024 | 1:05 PM IST

The user base milestone, announced at a deep learning summit in Beijing, comes after the search engine giant opened Ernie Bot to the public in August

Updated On: 28 Dec 2023 | 11:32 PM IST

The cash was converted into cryptocurrency after being passed through various Indian bank accounts and, subsequently, routed to China through Dubai

Updated On: 25 Jul 2023 | 12:35 PM IST

With total revenue of over $400 million across all Lenovo portfolios in India in Q3, the company continues to see good growth in the country

Updated On: 17 Feb 2023 | 12:14 PM IST

"It's important that we go through this exercise and make sure that our facilities are completely secure"

Updated On: 14 Feb 2023 | 8:14 AM IST

Amid the rising number of deaths in China due to COVID-19, it has introduced IceBurial technology which covers first-hand info and unique insights about China and the Chinese Communist Party

Updated On: 20 Jan 2023 | 9:34 AM IST

The Honor MagicBook X14 is available at an introductory price of Rs 41,990 on Amazon India

Updated On: 16 Jan 2023 | 5:05 PM IST

Asian shares rose on Friday, buoyed by news of possible progress for China and the United States to hammer out an audit deal, while traders anxiously awaited a speech from Federal Reserve Chair Jerome

Updated On: 26 Aug 2022 | 10:17 AM IST

According to South China Morning Post, more than 9,241 employees left Hangzhou-based Alibaba during the June quarter, as the company trimmed its overall headcount to 245,700.

Updated On: 06 Aug 2022 | 3:37 PM IST

Chinese internet and tech giants on Monday signed an initiative to ban cryptocurrency and digital collectibles (NFTs), along with a promise not to establish secondary marketplaces.

Updated On: 04 Jul 2022 | 5:38 PM IST

Public offerings at slashed valuations could translate into losses for venture capitalists in late funding rounds

Updated On: 26 May 2022 | 11:22 PM IST

Senior advocate S. Ganeshan argued that Xiaomi India was being targeted as it is a Chinese company and other companies are allowed to make payments of technology royalty

Updated On: 13 May 2022 | 1:24 PM IST