Malaysia suspends multi-billion dollar China-backed deals

Terming the cost of China-backed rail project as too high, the Malaysian government has dropped the project. the 81 billion ringgit ($19.6 billion) east coast rail link (ECRL) would have connected the eastern and western coasts of the peninsula.

JioPhone outgrows smartphones

Reliance Retail’s JioPhone topped the overall Indian market across all handset types and helped the country’s feature phone shipments grow faster than smartphones for the first time, Counterpoint Technology Market Research has said.

Sandvik Coromant unveils innovative solutions at IMTEX

At the expo that is set to be held until 30 January, the firm presented new digital machining solutions designed to reduce waste and increase efficiency for customers at its stall that is located at stand A 102 in Hall 3B.

Indian Bank global biz crosses Rs 4 lakh crore

The bank’s net profits have declined by 49.8 per cent to Rs 152 crore from Rs 303 crore on account of higher provisions towards bad debts. CASA on the other hand grew by 6.85 per cent y-o-y from Rs 73,835 crore to Rs 78,890 crore.

70th Republic Day celebrations across the State

The 70th Republic Day was celebrated with fervour in Chennai and across Tamilnadu with political leaders and senior officials hoisting the national flag at their respective places today.