/
•
•
Detailed stories on technology startups, business and economic current affairs.

Early this year, video streaming platform MX Player moved out of the Times Internet office in South Mumbai, and shifted its base about 20 km away. The parting of offices was a message. MX Media Co. Ltd—which started out as a Korean video player app, before being sold to Chinese gaming company Zenjoy in 2016 and then being acquired by Times in June last year—will not be a subsidiary of Times Internet for long, but an independent entity.
Today, MX Media announced it has closed a $110 million Series A funding round from Chinese internet giant Tencent and Times Internet …
Chinese diplomats to India are saying all the right things for Indian ears, but Beijing’s policy actions are moving in the opposite direction.
The JSW Steel founder is embarking on an unprecedented expansion, betting on Japan’s JFE and Korea’s POSCO to share the load. But rivalries, debt and market risks could complicate the plan.
The listed hospitality group sees a drop in revenue and profit in the first quarter. Separately, China steps up engagement with Saudi Arabia and the UAE.