Zoho CEO Sridhar Vembu praises Chinese entrepreneurs, ‘source of inspiration for me’

1 week, 3 days ago

Amid immigration debate in MAGA camp, Zoho CEO Sridhar Vembu cracks the code on rising talent migration from India

Zoho CEO Sridhar Vembu has expressed several reasons for talent migration out of India. According to Vembu, talent migration is very high during a phase of rapid development in a country. Talent migration peaks during the period of rapid development,” he said. Rapid economic development is preceded by and happens due to rising aspiration levels; and talent migration also happens …

India China Migration Korea Maga Rapid Vembu

1 week, 5 days ago

‘Demographic suicide’: Zoho's Sridhar Vembu on 70-hour workweek suggestion

Hindustan Times

IT giant Zoho Corporation's CEO Sridhar Vembu recently questioned the 70-hour work week suggestion, talking about the dark side of working “ourselves to demographic suicide.” Sridhar Vembu, CEO of Zoho Corporation said he believes the 70-hour workweek has greater pitfalls than benefits "The rationale behind the 70-hour work week is "it is necessary for economic development". If you look at …

India China Work Read Vembu Sridhar Vembu Demographic Suicide

2 weeks ago

Zoho CEO Sridhar Vembu revives debate on 70-hour work week

India Today

Zoho’s CEO, Sridhar Vembu, has reignited the long-standing debate on the 70-hour work week, a notion first proposed by Infosys co-founder Narayana Murthy. He wrote, "The rationale behind the 70-hour work week is 'it is necessary for economic development' ". Vembu referred to the work culture in East Asian countries like Japan, South Korea, Taiwan, and China, noting that their …

Development Economic Development Economic Work Vembu Economic Success

2 weeks, 3 days ago

Corporations aim for more China presence

China Daily

Multinational corporations have vowed to deepen cooperation with their Chinese partners and seize the huge opportunities presented by China's sharpened focus on bolstering technological innovation and industrial upgrade, reaffirming their long-term confidence in the world's second-largest economy. Shih said he appreciates China's various measures to boost opening-up, including the deepening of reforms in foreign investment, adding that "the supportive business …

China Development Investment Manufacturing Economic Industrial Foreign Investment

3 weeks, 1 day ago

DMart’s Damani, Zomato’s Goyal top list of self-made entrepreneurs

The Hindu

Avenue Supermarkets Ltd. promoter Radhakishan Damani, Zomato founder Deepinder Goyal and Swiggy’s Sriharsha Majety and Nandan Reddy have secured the top three positions respectively in the second edition of IDFC First Private Banking and Hurun India’s ‘India’s Top 200 Self-made Entrepreneurs of the Millennia 2024’ which was released on Wednesday. In the face of emerging challenges from quick-commerce, Mr. Damani …

India Entrepreneurs Crore List Zomato Valuation Damani

3 weeks, 4 days ago

'Investing in China is investing in our future'

China Daily

Visitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. And that 'investing in China is investing in our future'," Jean-Paul Agon, chairman of L'Oréal Group, told me during the seventh China International Import Expo in Shanghai last month. Furthermore, China's outbound direct investment …

Global International China Trade China International Import Expo

3 weeks, 4 days ago

Tailwinds favoring foreign trade enterprises

China Daily

A China-Europe Railway Express departs from Chongqing to Duisburg, Germany, on Nov 15. Foreign trade companies have said that the coverage of export credit insurance needs to be further expanded, smaller firms are facing certain financing difficulties, and they are also encountering bottlenecks in sea freight transportation, Wang added. Foreign trade has been a bright spot in the Chinese economy …

China Trade Bank Foreign Trade Wang Foreign

3 weeks, 4 days ago

Innovating India: Crafting the world's leading startup ecosystem

Hindustan Times

India is on a transformative journey to establish itself as the startup capital of the world, driven by a vibrant entrepreneurial spirit, visionary policies and a growing digital ecosystem. India’s startup ecosystem is the third-largest in the world, comprising over 100 unicorns and a plethora of promising ventures across sectors such as fintech, health tech, agritech and deep tech. The …

Global India Innovation World Startups Funding Ecosystem

1 month ago

‘No winners’: China’s Xi warns US against a trade war

CNN

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — Chinese leader Xi Jinping has warned the United States against restarting a trade war, saying there would be “no winners” even as he vowed to defend the country’s economic …

China Chinese Export Wars Trade No Winners Xi War

1 month ago

From Apple to Starbucks, Western firms’ China dreams are dying

Live Mint

Things have never looked rosier for foreign firms in China—at least according to the country’s Council for the Promotion of International Trade. Following years of isolation during the covid-19 pandemic, China’s government insists that the country is open again for business, and that reforms have made life easier for foreign companies. According to our analysis, the sales in China of …

Local Companies Foreign Firms Sales Country Western Chinese

1 month ago

China+1 plan: India’s limited gain

New Indian Express

NEW DELHI: Government think tank Niti Aayog has admitted that ‘India has seen limited success so far in capturing the China Plus One strategy. It attributes factors like cheaper labour, simplified tax laws, lower tariffs and pro-activeness in signing free trade agreements have played a key role in helping these countries expand their share of exports. The US has raised …

India China

1 month ago

China’s flood of cheap goods is angering its allies, too

Live Mint

A deluge of cheap Chinese goods washing over the developing world is jacking up tensions between China and the Global South, complicating Beijing’s plans to build alliances as it confronts escalating trade tensions with the U.S. With President-elect Donald Trump saying he plans to significantly increase tariffs on China, Beijing is hoping to unload more of its excess factory production …

China Trade South Africa Products Emerging Economies Indonesia Developing

1 month, 1 week ago

Global firms mark up expectations of China

China Daily

By CHENG YU | China Daily | Updated: 2024-12-02 10:20 Delegates watch and take photos of a dancing humanoid robot during the seventh China International Import Expo in Shanghai on Nov 6. However, at the China International Import Expo, a major international event held in Shanghai in November each year, the brand growth cycle that used to be measured in …

China Market Chinese Shanghai Ciie Mark Shiseido

1 month, 1 week ago

Global firms mark up expectations of China

China Daily

By CHENG YU | China Daily | Updated: 2024-12-02 10:20 Delegates watch and take photos of a dancing humanoid robot during the seventh China International Import Expo in Shanghai on Nov 6. However, at the China International Import Expo, a major international event held in Shanghai in November each year, the brand growth cycle that used to be measured in …

China Market Chinese Shanghai Ciie Mark Shiseido

1 month, 1 week ago

Global firms mark up expectations of China

China Daily

By CHENG YU | China Daily | Updated: 2024-12-02 10:20 Delegates watch and take photos of a dancing humanoid robot during the seventh China International Import Expo in Shanghai on Nov 6. However, at the China International Import Expo, a major international event held in Shanghai in November each year, the brand growth cycle that used to be measured in …

China Market Shanghai Ciie Shiseido Sap Chinese Mark

1 month, 2 weeks ago

Li: Stable industrial and supply chains key

China Daily

Enterprises encouraged to bolster support for economic globalization Premier Li Qiang called on Monday for opposing all forms of decoupling and firmly upholding stable and unimpeded global industrial and supply chains. The premier warned that amid the sluggish global economic recovery, protectionist moves and overstretching of security are harming global industrial and supply chains, further driving up enterprise costs, reducing …

Global China Supply Economic Industrial Chinese Economic Globalization

1 month, 2 weeks ago

Chinese way of ensuring growth for all

China Daily

By ZHAO JIA | China Daily | Updated: 2024-11-23 10:03 Guests exchange views at the Fifth Think Tank Forum on National Governance in Developing Countries held in Beijing on Friday. The attack by Western powers against China is an attempt to not only hinder its cooperation with other developing countries, but also keep developing world "poor, heavily indebted and dependent," …

China Global South Developing Countries Countries

1 month, 2 weeks ago

Chinese way of ensuring growth for all

China Daily

By ZHAO JIA | China Daily | Updated: 2024-11-23 10:03 Guests exchange views at the Fifth Think Tank Forum on National Governance in Developing Countries held in Beijing on Friday. The attack by Western powers against China is an attempt to not only hinder its cooperation with other developing countries, but also keep developing world "poor, heavily indebted and dependent," …

China Global South Developing Countries Countries

1 month, 2 weeks ago

Chinese path to modernization a model for Global South, experts say

China Daily

Endalkachew Sime, former state minister of planning and development of Ethiopia, talks with Zhou Taidong, vice-president of the Center for International Knowledge on Development at the Fifth Think Tank Forum on National Governance in Developing Countries in Beijing on Friday. The forum, with the theme "Joining Hands to Advance the Modernization of the Global South", was jointly held by the …

Global China Development Global South Developing Countries Modernization South

1 month, 2 weeks ago

Chinese path to modernization a model for Global South, experts say

China Daily

Endalkachew Sime, former state minister of planning and development of Ethiopia, talks with Zhou Taidong, vice-president of the Center for International Knowledge on Development at the Fifth Think Tank Forum on National Governance in Developing Countries in Beijing on Friday. The forum, with the theme "Joining Hands to Advance the Modernization of the Global South", was jointly held by the …

China Development Global South Developing Countries Modernization Countries Chinese

1 month, 3 weeks ago

Resilience and innovation key to e-commerce success

China Daily

Chinese entrepreneurs are reshaping cross-border e-commerce through resilience and innovation amid geopolitical tensions, according to latest industry analysis. Max Liang, senior business development director at Zyla, a subsidiary of fintech major Ant Group, stressed the critical role of compliance with local laws in achieving long-term success in cross-border e-commerce. "Chinese brands are shifting from B2B and B2C models to M2C …

China Market Local Chinese Liang Chinese Entrepreneurs Chien

China pivotal to MNCs' global biz strategy

China Daily

Visitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. "As China's manufacturing sector undergoes transformation and upgrading, high-end manufacturing has become a key area for attracting foreign investment," Ji said. Apart from showcasing the latest products and technology solutions at its 600-square-meter booth, …

Global Growth China Market Investment Products Companies

1 month, 3 weeks ago

Zoho CEO Sirdhar Vembu calls for balance in AI growth: ‘… jobs could see a revival’

Live Mint

Zoho CEO Sridhar Vembu has shared a bold outlook on the future of AI and its potential to transform the job market. “Think of AI para-legals, AI call center agents, AI accountants, AI video production specialists, AI software engineers,” Vembu wrote. However, Vembu noted that as AI takes over these modern roles, traditional jobs could see a revival. “Oddly enough, …

Ai Vembu

1 month, 3 weeks ago

‘Over 80% of entrepreneurs in America…’ Vedanta’s Anil Agarwal for boosting India’s entrepreneurial spirit to match US

Live Mint

Agarwal shared his insights after watching The Men Who Built America, a series on five iconic U.S. entrepreneurs: John Rockefeller, Andrew Carnegie, Henry Ford, J.P. Morgan, and Cornelius Vanderbilt. It encourages risk-taking and celebrates wealth creation.” He drew parallels between India and the U.S., noting that India’s entrepreneurial spirit is equally strong and deeply ingrained. "Our startups today should become …

India Indian Entrepreneurs Wealth Creation Read Anil Agarwal Read Anil

1 month, 4 weeks ago

More international talents plan to start a business in China

China Daily

Wahed Ahmadzai from Afghanistan, CEO and founder of NHUB, has successfully forged his entrepreneurial path in China. With years of firsthand experience navigating the entrepreneurial landscape in China, Ahmadzai passionately advocates for the country to aspiring entrepreneurs worldwide. In Ahmadzai's astute observations, a recent surge in interest among international students to embark on entrepreneurial ventures in China has been catalyzed …

China

1 month, 4 weeks ago

List of 'global' Chinese brands ever growing

China Daily

Visitors check out the booth of Zhejiang Geely Holding Group at an auto expo in Frankfurt, Germany, in September. At the recent 2024 China Enterprise High Quality Overseas Forum in Beijing, experts and industry leaders shared insights into how Chinese companies can strategically expand globally, embracing high-quality development in increasingly complex overseas markets. Yang outlined Lenovo's "three pillars" for successful …

Global China Chinese Laos Yang Lenovo Local Markets

1 month, 4 weeks ago

More international talents plan to start a business in China

China Daily

Wahed Ahmadzai from Afghanistan, CEO and founder of NHUB, has successfully forged his entrepreneurial path in China. With years of firsthand experience navigating the entrepreneurial landscape in China, Ahmadzai passionately advocates for the country to aspiring entrepreneurs worldwide. In Ahmadzai's astute observations, a recent surge in interest among international students to embark on entrepreneurial ventures in China has been catalyzed …

China

1 month, 4 weeks ago

List of 'global' Chinese brands ever growing

China Daily

Visitors check out the booth of Zhejiang Geely Holding Group at an auto expo in Frankfurt, Germany, in September. At the recent 2024 China Enterprise High Quality Overseas Forum in Beijing, experts and industry leaders shared insights into how Chinese companies can strategically expand globally, embracing high-quality development in increasingly complex overseas markets. Yang outlined Lenovo's "three pillars" for successful …

Global China Local Chinese Laos Yang Lenovo

2 months ago

'This is naked greed': Zoho's Sridhar Vembu shreds Indian company for firing 660 workers

Hindustan Times

In a veiled dig at Chennai-based Freshworks, Zoho founder Sridhar Vembu slammed the company for its "naked greed" after it laid off 660 people in shock layoffs, a day after it announced a $400-million buyback and its shares soared 28%. While Vembu did not name Freshworks in his X post, he said that a firm with over a billion dollars …

Company Its Workforce Zoho Freshworks Vembu Sridhar Vembu Naked Greed

2 months ago

Zoho founder Sridhar Vembu slams Freshworks’ 13% layoffs amid 22% revenue growth: ‘This corporate greed is unacceptable’

Live Mint

Zoho founder Sridhar Vembu voiced strong criticism after Freshworks announced layoffs of 660 employees, warning that “naked greed” from corporate America is seeping into India. Vembu’s comments come amid recent layoffs at Freshworks, a Chennai-based competitor, which reported a 22 per cent revenue increase but cut 13 per cent of its workforce. “Don’t you have the vision to invest $400 …

India Employees Zoho Freshworks Vembu

2 months ago

Chinese enterprises' global expansion: Balancing growth and localization

China Daily

At the 2024 China Enterprise High Quality Going Overseas Forum in Beijing, experts and industry leaders shared insights into how Chinese companies can strategically expand globally. At the 2024 China Enterprise High Quality Going Overseas Forum held recently in Beijing, experts and industry leaders shared insights into how Chinese companies can strategically expand globally, embracing high-quality development in increasingly complex …

Global China Global Expansion Chinese

2 months ago

Building bridges through trade for 70 years

China Daily

This photo shows a view of the National Exhibition and Convention Center, the main venue for the 7th China International Import Expo, in east China's Shanghai, Nov 4, 2024. As I reflect on the ongoing 2024 China International Import Expo, which kicked off on Tuesday and runs through Sunday in Shanghai, it becomes evident that China continues to lead the …

China Trade Global Trade Western Chinese Shanghai Ciie

2 months ago

Japanese consumer goods giant Kao reaffirms commitment to China

China Daily

Japanese consumer goods giant Kao Corp reiterated its commitment to the Chinese market with more technological innovation and diversified product lines at the China International Import Expo on Nov 6. Japanese consumer goods giant Kao Corp reiterated its commitment to the Chinese market with more technological innovation and diversified product lines at the China International Import Expo on Wednesday. Yan …

China Japanese Chinese Its Commitment Ciie Kao

2 months ago

Building bridges through trade for 70 years

China Daily

This photo shows a view of the National Exhibition and Convention Center, the main venue for the 7th China International Import Expo, in east China's Shanghai, Nov 4, 2024. As I reflect on the ongoing 2024 China International Import Expo, which kicked off on Tuesday and runs through Sunday in Shanghai, it becomes evident that China continues to lead the …

China Trade Global Trade Western Chinese Shanghai Ciie

2 months, 1 week ago

Internal Debate on China Investment: A Crucial Discussion for National Security

Deccan Chronicle

The article explores the differences of opinion within the Indian government on the issue of Chinese investment. It argues that the government should be open about the differences within the government and that this transparency is important for accountability and good governance. The article also raises the question of what constitutes national security and how the government should balance the …

Government Law International Relations Economic Policy New Delhi

2 months, 2 weeks ago

Nvidia CEO: Focus on AI development, not just labour, to secure future in the AI revolution

India Today

Nvidia CEO Jensen Huang emphasizes the importance of India building its own AI capabilities locally rather than just providing labour for software development done elsewhere. He suggests that India should focus on creating and exporting AI innovations directly, positioning itself as a leader in AI development rather than a back-office service provider.

Government Science Technology AI Mumbai

2 months, 4 weeks ago

Young African Entrepreneurs Eager for Chinese Knowledge: A Journey of Empowerment and Innovation

China Daily

Young African entrepreneurs eager for Chinese knowledge participate in a learning tour in China as part of the African Youth Innovation and Entrepreneurship Program (C-STAR). The program aims to empower young people from Africa and around the world through innovation and entrepreneurship by leveraging China's industrial incubation and venture capital resources. The program has been held for two years and …

Education Global Entrepreneurship Innovation Yiwu

3 months, 1 week ago

UN envoy: In 75 years, China has risen from sufferings to strength

China Daily

Fu Cong, China's permanent representative to the United Nations, speaks at a reception at the Permanent Mission of China to the UN on Tuesday night to celebrate the 75th anniversary of the founding of the People's Republic of China. Such historic progress is created by none other than the hard-working Chinese people," said Fu Cong, China's permanent representative to the …

Global China World Development Developing Countries Countries Chinese

3 months, 1 week ago

How India can fix the Chinese imports problem

Live Mint

India last month extended countervailing duties of 12-30% on certain steel imports from China and Vietnam, following requests from local producers to safeguard against cheaper imports. Read this | Mint Primer | China’s stimulus: What it spells for India & the world A growing economy like India’s naturally requires more imports to meet rising consumption and manufacturing demand, with cost …

India China Manufacturing Domestic Imports Chinese European

3 months, 2 weeks ago

Innovation to power China growth

China Daily

Innovation capacity, the digital sector and green industries have significant potential to be major engines of China's growth, fueled by the nation's commitment to reform and opening-up, said Japanese scholars. Yangchoon Kwak, a professor at Rikkyo University's College of Economics, emphasized that green industries will be the main driver of China's future economic growth. Kiyoyuki Seguchi, research director at the …

Global Growth China Tashiro Kwak Seguchi

3 months, 2 weeks ago

Innovation to power China growth

China Daily

By Jiang Xueqing in Tokyo | China Daily | Updated: 2024-09-21 07:08 Innovation capacity, the digital sector and green industries have significant potential to be major engines of China's growth, fueled by the nation's commitment to reform and opening-up, said Japanese scholars. Yangchoon Kwak, a professor at Rikkyo University's College of Economics, emphasized that green industries will be the main …

Growth China Tashiro Kwak Seguchi Significant Global

3 months, 3 weeks ago

India and China are not competitors, but cooperators: Chinese Envoy to India Xu Feihong

New Indian Express

NEW DELHI: In reponse to the recent statement made by External Affairs Minister Dr. S. Jaishankar in Geneva that nearly 75 per cent of the issues between India and China have been resolved, with the exception of the border dispute, Chinese Ambassador to India Xu Feihong emphasised that India and China should not be viewed as competitors but as coordinators. …

India China

3 months, 3 weeks ago

IFA at 100: A Strategic Stage for Chinese Firms

China Daily

Exhibitors and consumers from around the globe gathered at IFA Berlin 2024. Paul Stribos from the Netherlands remarked on the rising prominence of Chinese companies, expressing admiration for Honor's foldable smartphone, which he praised for its larger screen and lighter frame—surpassing many Western competitors. Reflecting on the rapid ascent of Chinese firms, he attributed their success to China's robust educational …

Consumer Market Chinese Chinese Firms Chinese Companies Ifa

3 months, 4 weeks ago

Malaysia PM says China's entrepreneurs play key role

China Daily

Malaysian Prime Minister Anwar Ibrahim speaks during a plenary session of the Eastern Economic Forum in Vladivostok, Russia Sept 5, 2024. Chinese entrepreneurs play an important role in supporting the economy of Malaysia and that of the wider world, Malaysian Prime Minister Anwar Ibrahim told a forum in the capital Kuala Lumpur on Tuesday. In a world marked by complexities …

China Entrepreneurs East Asia Chinese Malaysia Chinese Entrepreneurs

3 months, 4 weeks ago

Malaysia PM says China's entrepreneurs play key role

China Daily

By YANG HAN in Hong Kong | China Daily Global | Updated: 2024-09-12 09:48 Malaysian Prime Minister Anwar Ibrahim speaks during a plenary session of the Eastern Economic Forum in Vladivostok, Russia Sept 5, 2024. Chinese entrepreneurs play an important role in supporting the economy of Malaysia and that of the wider world, Malaysian Prime Minister Anwar Ibrahim told a …

East Asia Chinese Malaysia Entrepreneurs Play Chinese Entrepreneurs Key Role China Entrepreneurs

4 months, 1 week ago

Dongying bolsters foreign trade and investment to drive business growth

China Daily

This year, Dongying in East China's Shandong province has bolstered its foundation in foreign trade and investment. This year, Dongying has leveraged export credit insurance policies to support 420 companies, facilitating foreign trade exports totaling more than $700 million. From January to July, the city’s foreign trade import and export volume reached 156.85 billion yuan, marking a 13.2% year-on-year increase. …

Investment Foreign Trade Dongying

4 months, 2 weeks ago

Chinese funds help energize Global South

China Daily

An employee works on an assembly line of electric buses, whose components are imported from China, in Addis Ababa, Ethiopia, in March. Today, Chinese firms, especially those engaged in sectors like high-end manufacturing and trade-in services, are adapting their strategies to better align with the changing global market environment. Over the past five years, with the global landscape evolving rapidly, …

China Chinese Companies Energize Global

4 months, 2 weeks ago

Chinese funds help energize Global South

China Daily

Workers operate BYD's battery production line in Manaus, Brazil, in March. China's exports of mechanical and electrical products, including automobiles, smartphones, automatic data processing equipment and integrated circuits, reached 7.14 trillion yuan in the first half of this year, surging 8.2 percent year-on-year, accounting for 58.9 percent of the total value of the country's exports, statistics from the General Administration …

Growth China Trade Products Exports Chinese Bri

4 months, 2 weeks ago

China’s Didi bounces back from losses caused by Beijing’s crackdown on internet services as it prepares IPO in Hong Kong

Live Mint

- Didi Global Inc. swung to a profit in the June quarter, a welcome boost for the company as it prepares for a potential re-listing in Hong Kong. China’s leading ride-hailing provider reported a net profit of 1.4 billion yuan, from a small loss a year earlier. Once hailed as a national champion that defeated Uber Technologies Inc. in China, …

China Didi

Zoho CEO Sridhar Vembu praises Chinese entrepreneurs, ‘source of inspiration for me’—here’s why

Discover Related