Edition:
India

Sankalp Phartiyal

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

20 Apr 2018

Walmart could buy controlling stake in Flipkart as early as next week - sources

MUMBAI Walmart Inc could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week, two sources familiar with the matter said on Friday.

19 Apr 2018

TCS sees rebound in financial client spending in 2018/19

MUMBAI India's Tata Consultancy Services Ltd (TCS) expects a rebound in spending by its key banking, financial services and insurance (BFSI) clients this financial year, it said on Thursday, as it posted its biggest-ever profit, helped by deal wins.

13 Apr 2018

Infosys forecasts healthy growth, unwinds Sikka's acquisitions

MUMBAI/BENGALURU India's Infosys forecast healthy revenue growth on Friday as its new chief executive moved to put his stamp on the country's second-largest IT services firm with a new set of strategic priorities and plans to unwind deals done by his predecessor.

12 Apr 2018

Exclusive: Walmart close to buying majority of Flipkart, deal likely by end-June - sources

HONG KONG/MUMBAI Walmart Inc is likely to reach a deal to buy a majority stake in Indian e-commerce player Flipkart by the end of June in what could be the U.S. retail giant's biggest acquisition of an online business, two people with direct knowledge of the matter said. | Video

09 Apr 2018

Xiaomi pushes for smartphone component suppliers to invest in India

MUMBAI China's Xiaomi said it wants its global smartphone component makers to set up base in India, in what is likely to bring as much as $2.5 billion of investment to the South Asian nation while also creating up to 50,000 jobs.

06 Apr 2018

Walmart completes due diligence for buying into Flipkart: sources

NEW DELHI Walmart completed a thorough due diligence process on e-commerce firm Flipkart this week, two sources said, as the U.S. retail giant looks to take a controlling stake of 51 percent or more in the Indian company.

02 Apr 2018

India imposes 10 percent tax on import of key smartphone components

NEW DELHI India has imposed a 10 percent tax on imports of key smartphone components, including populated printed circuit boards (PCBs), as it moves to step up local assembly of mobile devices in the world's second-biggest smartphone market.

31 Mar 2018

India's electronics ministry moots duties on key smartphone component: sources

MUMBAI/NEW DELHI India is exploring new duties on the import of a key smartphone component, according to two government sources, the latest in a series of moves aimed at boosting domestic manufacturing in the world's second-biggest smartphone market.

31 Mar 2018

India's electronics ministry moots duties on key smartphone component -sources

MUMBAI/NEW DELHI, March 31 India is exploring new duties on the import of a key smartphone component, according to two government sources, the latest in a series of moves aimed at boosting domestic manufacturing in the world's second-biggest smartphone market.

29 Mar 2018

India beckons big tech firms, allows imports of used goods for repair

NEW DELHI India on Wednesday allowed the import of used goods for repair and refurbishing on condition that the imported items are exported, a move that could entice companies like smartphone maker Apple further into the Indian market.

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