India Shares Investment Blog » CHINA

Apple wrestles with its ‘China problem’

Pankaj Lakhotia — Mon, 30 Jan 2012 08:42:40 +0000

With the reports of exploitation of employees in the Chinese factories where Apple’s much-in-demand iPhones and iPads are assembled, Apple took a public-relations retreat towards the end of the last week, despite having begun it on a high note by posting record-high profits for the 2011 fourth quarter.

Apple has caught the media’s attention after a recent story in The New York Times highlighted the deplorable working conditions at the company’s Foxconn supplier in China; and revealed that the workers have a seven-day workweek and put up in overcrowded dormitories.

US strengthening alliances with Japan, India to creating anti-China axias: People’s Dily

Ketan Sharma — Tue, 27 Dec 2011 08:21:50 +0000

Washington is strengthening its alliances with Japan and rising-power India to create an anti-China alignment in Asia, according to a commentary published in China's state-owned People's Daily.

Making a commentary on the US's security policy in Asia, the People's Daily said that Washington was trying to create Atlantic network-like model to in the Pacific region by strengthening its alliances with old allies like Japan and new partners like India to hold back China's growth.

RIL may launch fast food chain in India

Jatin Lal — Tue, 13 Dec 2011 06:52:57 +0000

Business tycoon Mukesh Ambani's Reliance Industries Ltd. (RIL) may launch a fast food chain in India within the next six months, a senior company official familiar with the matter informed.

On the condition of anonymity, the RIL official said that the company had already hired fast food business Rishi Negi to drive the potential business.

The official also claimed that Negi had started drawing detailed plan for the new business.

Report: Shigeru Miyamoto is mulling retirement from his present position at Nintendo

Pankaj Lakhotia — Thu, 08 Dec 2011 08:31:54 +0000

In a Wednesday report, Wired. com has said that Nintendo's Shigeru Miyamoto - who has played a very important part in bringing the video game industry to its present stature - is vacating his current post at the company --- that of the Senior Managing Director and General Manager of Nintendo's Entertainment Analysis and Development Division.

The report underscores that 59-year-old Miyamoto - a game design icon who created iconic game franchises like Donkey Kong, The Legend of Zelda and Super Mario Bros. - is apparently mulling a major career move.

Improved Chinese Growth Pushes Copper’s Prices

Varun Jain — Thu, 14 Jul 2011 02:27:32 +0000

The improved growth of China, together with easing monitoring policies of the American Federal Reserve have helped in boosting the prices of Copper. Today, the prices of Copper were seen escalating as its prices rose by Rs
1.25 to Rs 434.25 per kg in future trade.