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Chinese consumers may not be the gravy train that some U.S. multinationals portray them to be.

2016-01-06 08:16:46| Footwear - Topix.net

The CSI 300, an index of China's biggest stocks, fell by 7%, marking the worst start to a year for Chinese equities. Small-cap stocks didn't fare any better, many plunging by the daily maximum of 10%.

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Nasscom sees attempts to portray Indian IT negatively

2015-06-12 18:25:52| IT Services - Topix.net

Asserting that Indian IT firms have always remained compliant with the US visa regulations, Nasscom president R Chandrashekhar said its members continue to cooperate with the US authorities in respect of any requests for information. Asked whether he feels the issue could be a political rhetoric ahead of the presidential elections in the US, Chandrashekhar said it is "unfortunate" that attempts are being made in some quarters to portray the contribution of Indian IT companies in a negative light and "to create negative sentiments about them by appeal to emotion rather than to facts and logic".

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