Production of iPhones faced disruption ahead of Christmas and January's Lunar New Year holidays, after curbs to control Covid-19 prompted thousands of workers to leave Foxconn's factory lines in Zhengzhou.
The government has blocked 232 apps operated by overseas entities, including Chinese for being involved in betting, gambling and unauthorised loan service, according to an official source.
ESOPDhan is planning to go for raising structured debt from investors and large family offices, once its current corpus is fully used up.
According to the South China Morning POst, the combined revenue of Chinese Internet firms decreased 1.1% to 1.46 trillion yuan ($217 billion) last year, marking a sharp contrast to double digit growth in the previous six years.
Speaking at the Insolvency Law Academy's inaugural conference on the topic of "Emerging Global Insolvency Horizon: Indian Footprint and Front View", Justice Kaul said India's economy has been growing since the early 1990s, leading to an expansion of the credit market.
The Minister for Information and Broadcasting, and Youth Affairs and Sports was speaking at the valedictory function of 36th Inter-University North Zone Youth Festival (Antarnaad) under the aegis of Association of Indian Universities (AIU) at the Jammu University.
Three of the companies — Infosys, HCLTech and L&T Technology Services — ended the December quarter with a higher net headcount, but the employee additions were at a slower rate than the previous quarters. Market leader Tata Consultancy Services, Wipro, Tech Mahindra and LTIMindtree posted a fall.