Category: india

India Tells Universities to Avoid Entanglements with Chinese Institutions
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India Tells Universities to Avoid Entanglements with Chinese Institutions

India on Thursday announced new restrictions on universities seeking to cooperate with Chinese institutions. The order came down only a week before Indian Prime Minister Narendra Modi is scheduled to meet with Chinese Communist Party chief Xi Jinping. Indian universities will now be required to obtain approval from the Ministry of Home Affairs and Ministry…

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India’s Darwinbox raises $15M to bring its HR tech platform to more Asian markets
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India’s Darwinbox raises $15M to bring its HR tech platform to more Asian markets

An Indian SaaS startup, which is increasingly courting clients from outside of the country, just raised a significant amount of capital to expand its business. Hyderabad-based Darwinbox, which operates a cloud-based human resource management platform, said on Thursday it has raised $15 million in a new financing round. The Series B round — which moves…

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India liberalizes foreign investment rules in a win for Apple
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India liberalizes foreign investment rules in a win for Apple

India has further liberalized its foreign direct investment (FDI) rules for many sectors, opening new avenues for global investors and giants such as Apple as Asia’s third-largest economy attempts to jump-start its years-low economic growth. New Delhi said Wednesday evening that it is easing sourcing norms for single-brand retailers like Apple. As part of the…

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