Bloomberg India’s plans to sell the government’s stake in several poorly performing companies have prompted trade union threats of a nationwide strike, laying out a test for Prime Minister Narendra Modi in the lead up to crucial state elections. With thousands of jobs potentially at risk, the government’s decision to offload a number of companies to the private sector ...

  Bloomberg Baidu Inc. and state-owned Beijing Automotive Group Co.’s collaboration on telematics and autonomous driving is almost ready for its coming-out moment, as industry and government join hands for a self-driving vehicle push within China. A BAIC-built model equipped with Baidu tech will debut in April at the Shanghai auto show, BAIC Chairman Xu Heyi said in interview Friday ...

  Bloomberg China plans to step up its monitoring of how citizens use their annual quota for changing yuan into foreign currencies, according to four people familiar with the matter. The State Administration of Foreign Exchange was required extra documentation for people seeking to sell yuan, while keeping each person’s annual $50,000 allowance unchanged, said the people, who asked not ...