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Insights
21-Feb-19 After weathering storms of bad loans and profitability, Axis Bank has set its sights on an insurance business acquisition within a year, according to CEO Amitabh Chaudhry. Peers ICICI and HDFC already have life- and non-life insurance operations. [image: Business Today]
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Insights
04-Feb-19 Chinese social media apps have become hugely popular in India, with five out of the top 10 apps being Chinese-owned in 2018. The Indian government is drafting regulations to moderate content, in an effort to help Indian start-ups. [image: Financial Times]
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Insights
28-Jan-19 State-owned Saudi Aramco plans to invest up to USD1.6 bn for a nearly 20 percent stake in South Korean refiner Hyundai Oilbank, expanding its foothold in one of its biggest Asian buyers of crude oil. [image: Reuters / Hamad I Mohammed]
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18-Jan-19 Indian infrastructure conglomerate Adani Group has signed a joint venture with German giant BASF for setting up acrylics manufacturing units costing USD2.25 bn, in its first foray into petrochemicals, and BASF’s largest investment in India to date. [image: AFP]
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Insights
16-Jan-19 As wages in China have risen, many Hong Kong enterprises with manufacturing there have tried to cut costs and navigate the Sino-US trade dispute by taking production offshore to emerging economies such as Indonesia, India and Vietnam. [image: HKTDC]
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