AFP India’s richest man Mukesh Ambani announced that his Reliance Industries’ long-awaited 4G mobile services would finally launch this month, sending shares of rival Bharti Airtel plummeting almost seven percent. Ambani told shareholders at the Mumbai-based company’s annual general meeting that the multi-billion-dollar telecommunications network, called Reliance Jio Infocomm, would be rolled out from September 5 following repeated delays. …

  AFP China will launch an anti-trust probe into the $3.8 billion merger of US media giants Comcast and DreamWorks Animation, the country’s commerce ministry said. In April, Comcast — the biggest cable television operator in the US — bid for the creators of the Kung-fu Panda series, a smash hit in China. A Chinese company lodged a complaint about …

  Bloomberg India must have a strong and independent central bank to ensure macroeconomic stability in the world’s fastest-growing major economy, Reserve Bank of India Governor Raghuram Rajan said a day before his term ends. central banks should be independent and should be able to say no to seemingly attractive proposals,” Rajan said in a speech in New Delhi on …