HSBC, Kotak fined for FEMA violation

MUMBAI: Reserve Bank of India has penalized Honkong and Shanghai Banking Corporation and Kotak Mahindra Bank for failing to adhere to guidelines on Foreign Exchange Management Act 1999. In a statement issued here on Wednesday, RBI said that it has imposed ... ( read original story ...)

Shanghai is on the up

Professor Joanna Waley-Cohen, Provost of NYU Shanghai, thinks it has something to do with the sheer size of the place (population 25 million) and partly the infrastructure — ‘subway system, ubiquitous wifi, even on the subway, well before New York got ... ( read original story ...)

Technology promotes culture in abundance

It is part of the city’s three-year action plan to promote the construction of a smart city. Both platforms have been developed by Shanghai Sun3d Technology Company. ( read original story ...)