Reuters Asia

Reliance Jio’s new 5G plans may impact Bharti Airtel’s key metrics- JP Morgan

BENGALURU (Reuters) – The launch of cheaper postpaid plans with unlimited 5G by Reliance’s Jio has put rival Bharti Airtel on the back foot in the Indian market and may delay recovery in its key profit metric, JP Morgan analysts said on Thursday. Jio, the telecoms unit of Indian conglomerate Reliance Industries, launched new postpaid …

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Chinese firm invents lockdown-inspired kissing machine for remote lovers

SHANGHAI (Reuters) -A Chinese start-up inspired by lockdown isolation has invented a long-distance kissing machine that transmits users’ kiss data collected through motion sensors hidden in silicon lips, which simultaneously move when replaying kisses received.     The MUA – named after the sound people commonly make when blowing a kiss – also captures and …

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Russia cannot meet arms delivery commitments because of war, Indian Air Force says

By Krishn Kaushik NEW DELHI (Reuters) – Russia is unable to deliver vital defence supplies it had committed to India’s military because of the war in Ukraine, the Indian Air Force (IAF) says. New Delhi has been worried that Moscow’s invasion of Ukraine in February 2022 could affect military supplies from India’s largest source of …

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TotalEnergies says investments in Adani entities comply with Indian laws

PARIS (Reuters) – French oil major TotalEnergies said on Thursday its investments in three subsidiaries of embattled Indian conglomerate Adani were undertaken in full compliance with Indian laws and with TotalEnergies’ own governance processes. The group, responding to a Le Monde report detailing allegations of financial irregularities that short-seller Hindenburg Research has levelled against Adani, …

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India’s Tata Group mulls pumping $2 billion into super app venture -Bloomberg News

BENGALURU (Reuters) -Indian salt-to-software conglomerate Tata Group is considering injecting another $2 billion into its super app venture to bolster its digital business, Bloomberg News reported on Thursday, citing people familiar with the matter. The funds would help the group’s online platform Tata Neu strengthen its digital offerings, fix technical glitches, and meet any new …

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China to stabilise automobile, consumer electronics consumption

BEIJING (Reuters) – China will make efforts to stabilise automobile, consumer electronics consumption, and expand home appliances and green building materials consumption, the Ministry of Industry and Information Technology said on Thursday. The country will also consolidate its leading position in industries such as new energy vehicles, photovoltaic equipment, mobile communications and power equipment, the …

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