Billionaire Mukesh Ambani is the latest to enter the crowded Indian cellular services market, the world’s second biggest. He is spending about $11 billion to get it right with a high-speed fourth-generation network.
India’s Bharti Enterprises Pvt., which six months ago ended a tie-up with Wal-Mart Stores Inc., is in talks with France’s Carrefour SA and Japan’s Aeon Co Ltd. for two separate joint ventures, according to one person familiar with the discussions.
Scottish nationalist leader Alex Salmond increased pressure on Prime Minister David Cameron to share a public platform to debate the U.K.’s future as a poll showed more people are warming to independence for Scotland.
Japan’s use of forced labor during World War II was a “serious crime,” China Foreign Ministry spokesman Hong Lei said today, after a Chinese court accepted a lawsuit against two Japanese companies accused of the practice.