SoftBank is already an investor in TikTok’s parent company ByteDance through its $100bn Vision Fund – LIONEL BONAVENTURE /AFP SoftBank is rounding up a group of bidders to take control of TikTok’s India unit, where the music video sharing app has been banned by the government over security concerns.  The […]

(Bloomberg) — Australia’s hot spot Victoria state recorded 81 new virus cases overnight, after warning against easing lockdown measures too quickly. The country recommitted to opening up its economy by December. Thailand had four new cases, the day after it detected its first locally transmitted coronavirus infection since late May. […]

(Bloomberg) — Australia’s hot spot Victoria state recorded 81 new virus cases overnight, after warning against easing lockdown measures too quickly. The country recommitted to opening up its economy by December. New Zealand will retain its social distancing requirements until at least mid-month to make sure a virus outbreak in […]

NEW DELHI — As India recorded nearly 50,000 fresh cases of the coronavirus, Prime Minister Narendra Modi prepared to launch facilities in three major cities to significantly ramp up testing capacity. The 49,931 cases reported on Monday brought India’s tally to beyond 1.4 million. India has the world’s third-highest caseload […]

NEW DELHI (AP) — India is expanding its COVID-19 vaccination drive beyond health care and front-line workers, offering the shots to older people and those with medical conditions that put them at risk. Among the first to be inoculated on Monday was Prime Minister Narendra Modi. Those now eligible to […]

On July 1, a few days after a woman in India registered for an account on the careers site Naukri.com and uploaded a resume, a recruiter called her: One of the country’s leading real-estate companies was hiring for a senior position, and more details would follow soon. The woman had […]

By Aditi Shah, Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) – Manish Mehra, owner of Washex Hospitality, an industrial laundry service, recently flew from Delhi to Jodhpur, a city in north-western India, to win a contract to service a large, government-run hospital – a move essential to kickstarting his business. FILE PHOTO: […]

(Repeats Nov 29 story with no changes in text) * India GDP contracted 7.5% in July-Sept vs 23.9% in Apr-June * Small businesses contributed 35%-40% recovery in hotel bookings * Carmaker Maruti Suzuki’s rural sales up 10% in July-Sept * Strong farm income drives up demand for tractors By Aditi […]