Kohlberg Kravis & Roberts and Canada Pension Plan Investment Board-backed mobile infrastructure company Bharti Infratel will merge its operations with Indus Towers to form a new $15 million entity. Currently, Indus Towers is jointly owned by Bharti Infratel (42%), Vodafone (42%), the Idea group (11.15%) and Providence (4.85%). This merger...
Lenovo to Manufacture Smart Wearables in India
Headquartered in Beijing, China, and Morrisville, North Carolina, the Lenovo Group Ltd., is looking to raise its share in the India market three times over. Since last year, when the firm started selling its wearables HW02 fitness band and HX03W cardio smartband through e-commerce sites in India, it achieved a 6-7...
China Expert Lauds India's Future
China has long been the real engine behind the BRICS but with its own growth slowing now values the concept as a diplomatic forum, says an article in Forbes, written by Hong Kong-based China expert, Douglas Bulloch. The key problem with BRICS has always been that there is little that unites...
Big Brother China Being Filmed in India!
Although production is taking place in a former industrial factory outside Mumbai, viewers will not be able to tell that the all-Chinese version of the global hit reality show Big Brother wasn't made in Shanghai or Beijing, says The Hollywood Reporter. The decision to shoot in India was “driven by...