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China's Huawei Technologies 2014 profit grows 33 pct

HONG KONG, March 31 - China's Huawei Technologies Ltd, the world's No.2 telecommunications equipment maker, reported a 33 percent rise in profit for 2014, matching company guidance, as the global adoption of fourth-generation (4G) mobile technology boosted sales.

8:30am IST

INDONESIA PRESS-Telkom to issue up to 6 trln bonds - Kontan

PT Telekomunikasi Indonesia Tbk plans to issue bonds worth up to 6 trillion rupiah ($459 million) in May to finance its capital expenditure, the Kontan daily reported, quoting the company's Finance Director, Heri Sunaryadi.

6:55am IST

Ali Health pens tie-up for online health testing platform

SHANGHAI, March 31 - Alibaba Group Holding Ltd's healthcare subsidiary will tie-up with Zhejiang DiAn Diagnostics Co Ltd to help develop an online hospital platform, the diagnostics firm said in a filing late on Monday.

6:49am IST

Chris Martin, Rihanna back new Jay Z streaming music service

March 30 - Some of the world's biggest names in music including Beyonce, Cold Play's Chris Martin and Rihanna are backing Jay Z's new global streaming music service Tidal, which launched on Monday, and is billing itself as the first of its kind owned by artists.

5:10am IST

Cuba aims to ramp up Internet access -U.S. State Dept official

March 30 - Cuba, a few decades late to the Internet era, is committed to getting the web into 50 percent of its households by 2020, as well as achieving 60 percent mobile phone access, a senior U.S. State Department official said on Monday.

4:15am IST
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Exclusive: India makes first crude oil purchase for strategic reserve

LONDON - India has bought the first oil for its strategic petroleum reserve (SPR), trade sources said on Monday, marking the start of a round of purchases by the world's fourth-biggest oil consumer to build up emergency stockpiles.