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Foxconn’s clean-energy ambitions bolstered with Sharp takeover

Tokyo / Bloomberg Foxconn Technology Group’s rescue of Sharp Corp. promises to bolster the Taiwanese electronics maker’s ambitions for a bigger role in clean energy in some of the world’s most-polluting countries, while also providing a firmer footing in Japan. Foxconn, which reached a deal last week to take control of Sharp, has previously announced plans to improve energy efficiency ...

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Modi’s new food policy allows Wal-Mart to finally grow

New Delhi / Bloomberg Prime Minister Narendra Modi, long an opponent of global retail giants, is finally giving them an opening in India. Modi’s government is finalizing details of a policy to allow 100 percent foreign investment in marketing of food made in India. Companies like Wal-Mart Stores Inc. and Carrefour SA will be allowed to set up shops as ...

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India railway flags off its fastest-ever train

New Delhi / AFP India flagged off its fastest-ever train on Tuesday as part of a major modernisation of the crumbling railway system — but its top speed is only half of those in China and other countries. Railways Minister Suresh Prabhu hailed the Gatimaan Express, running from New Delhi to the Taj Mahal and boasting hostesses and bone china ...

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