India will start rolling out its first COVID-19 vaccines for teenagers aged 15 and above starting Jan. 3, 2022, Prime Minister Narendra Modi announced on Saturday. “This decision will not only strengthen the nation’s fight against coronavirus, but it will also reduce the worries for school-going children and their parents,” he said in a live…
India Announces COVID-19 Vaccines for Teens and Booster Doses for Some Adults
Sony Pictures Networks India to Merge With Zee Entertainment Enterprises
Sony Group Corp.’s Sony Pictures Networks India Private Limited and Zee Entertainment Enterprises Ltd. agreed to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations, and program libraries. They will take the new combined company public in India. SPE will indirectly hold a majority of 50.86 percent of the combined company,…
Apple Faces iPhone Production Disruption Again in India—This Time Over Food Poisoning
Food poisoning at a factory in India that manufactures Apple Inc.’s iPhones reportedly led to protests and subsequent detention of 70 women and 22 men. What Happened Over the week, an outbreak of “acute diarrhoeal disease” among employees of an iPhone factory run by Hon Hai Precision Industry Co. Ltd., better known as Foxconn, on the…
India Is in US ‘Zone of Influence,’ Putin Has Reasons to Engage With Modi, says Russian Expert
December 21, 2021
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NEW DELHI—It’s been two weeks since U.S. President Joe Biden and Russian President Vladimir Putin had a video call to discuss a range of issues on the U.S.-Russia agenda, including the United States’ and allies’ concerns about Russia sending troops to the Ukraine border. But just a day before the video call, Putin had made…
India Sets Sights to Become Global Electronics Manufacturing Hub With $10 Billion Incentive Scheme
The Indian government on Dec. 15 approved a 760 billion rupee ($10 billion) incentive scheme for the development of semiconductors and display manufacturing ecosystems, with the goal of positioning India as a global electronics manufacturing hub. “The program will usher in a new era in electronics manufacturing by providing a globally competitive incentive package to…
Young Entrepreneurs Take on India’s Sanitation Woes With Low Carbon Public Toilets
NEW DELHI—A group of young social entrepreneurs is trying to solve some pertinent sanitation problems in India by building public toilets with materials that lower carbon emissions. Ashwini Agarwal, 31, was a student at the Delhi College of Art and Commerce when he made his first public toilet in 2015 outside one of India’s largest…
WHO Grants Emergency Approval to India’s Covovax to Boost Vaccination in Lower-Income Countries
The World Health Organization (WHO) on Friday has granted emergency approval for the India-made coronavirus vaccine NVX-CoV2373, also known as Covovax, to vaccinate more people in lower-income countries. “This listing aims to increase access particularly in lower-income countries, 41 of which have still not been able to vaccinate 10 percent of their populations, while 98…
India Spooks Amazon by Suspending 2019 Future Group Deal, Cites Suppression of Information
NEW DELHI—India’s antitrust agency suspended Amazon.com‘s 2019 deal with Future Group on Friday, potentially denting the U.S. e-commerce giant’s attempts to block the sale of Future’s retail assets to an Indian market leader. The regulator ruled that the U.S. company had suppressed information while seeking regulatory approval on an investment into Indian retailer Future Group…
3 Dead, 10 Injured in Fire at India’s Gujarat Fluorochemicals Plant
BENGALURU—Three people were killed and 10 injured in a fire at a plant owned by Indian chemicals maker Gujarat Fluorochemicals Ltd in the western state of Gujarat, the company said late on Thursday. The fire at a small standalone plant at its Ranjitnagar site did not lead to gas emissions and has not impacted other…
World Shares Advance After Fed Steps Up Stimulus Pullback
December 16, 2021
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Stocks have climbed in Europe and Asia, tracking Wall Street’s gains, after the Federal Reserve said it would accelerate its pullback of economic stimulus. Shares surged in Paris, Frankfurt, London, and Tokyo. New York futures and oil prices also advanced. The Fed said it would likely raise interest rates three times next year to tackle…
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