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Datawind to open 2 more manufacturing plants in India

News: Low-cost mobile device maker, Datawind will add two more manufacturing units in the country within next six months to meet its local requirements as the company has stopped importing finished products from China. “The new schemes and taxes now in place have made it beneficial for mobile devices companies ...

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Daily Capsule – 17/8/2015

Big Story PM holds talk with UAE Crown Prince PM Modi takes tour of Masdar City in Abu Dhabi Rupee weakens 15 paise against dollar in early trade National Implement OROP in urgent time frame:10 ex-service chiefs to PM TN tops in organ donation: Health Minister Increment in the pension ...

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Desperate Measures in Desperate Times – PBoC Devaluing Yuan

Avanish Verma & Mukul Shashtry It is rumored that the Chinese Central Bank (People’s Bank of China – PboC) is on its way for 10pc fall in Yuan. Though PBoC has dismissed saying it has devalued its currency for the first time in over 20 years. Interesting the rate of Yuan ...

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