Focus Merit

Tag: japan

Bill to rename ‘Tonoshiro’ to ‘Tonoshiro Senkaku’ triggered stresses between Japan and China

china
  • A group of Islands without inhabitants placed at the South China Sea has been a point of disagreement between Japan and China since 1972. The island is identified by the name Senkakus in Japan, while in the People’s Republic of China the Islands are recognized by the name Diaoyu.

JICA and PNB tie-up to raise $75 million

PNB Housing Finance
  • Japan International Cooperation Agency(JICA) and Punjab National Bank Housing Finance have tied up to raise $75 million.
  • CitiBank will be Co-financing $25 million to finance mortgage loans.

Veteran Japanese comedian Ken Shimura passes away

Ken Shimura
  • Veteran Japanese comic Ken Shimura, who tested positive for the COVID-19, was at the age of 70. He tested positive for COVID-19 on March 23.
  • The actor was set to star in his debut film “God of Cinema”, directed by Yoji Yamada.

Canada retreats from Tokyo 2020 Olympics

Tokyo 2020 Olympics
  • Canada has become the first country in the world to retreat from the Tokyo 2020 Olympics due to coronavirus pandemic.
  • Tokyo 2020 Olympics was scheduled to be held in Japan from 24th July to 9th August 2020.

Japanese company Hakuhodo obtains AdGlobal360

Hakuhodo

Indian MarTech Company, AdGlobal360 has been obtained by Japanese company Hakuhodo Inc for an undisclosed sum. Adglobal360 is India’s fastest growing MarTech Company headquartered in Gurugram, Haryana. The MarTech Company facilitates its customers with end to end digital solutions.

India becomes partner with Japan in Mission Purvodaya

Mission Purvodaya

Union Minister for Steel and Petroleum & Natural Gas, Dharmendra Pradhan, met the Chief Minister of Odisha, Naveen Patnaik, along with the Ambassador of Japan to India, Satoshi Suzuki. With the abundance of raw materials, strategic geographical location and strong and developing connectivity, Odisha is well composed to be the heart of this eastern steel hub.

Japanese tech major NTT to invest in data centres in India

Japanese tech company NTT Data will make an investment of $1.5 billion (Rs 11,000 crore) for data centre business in India for next four years. The investment will be split equally between the four regions and the overall investments are bound to be shared proportionately.

The company is targeting to more than double its capacity in the next three years through the investments. Its overall capacity, which stands at 1.2 million sq ft at present spread across Mumbai, Noida, Chennai and it will go up by 1.5 million sq ft.

The company is looking at going to newer locations as well and also adding to its land bank to house the facilities. India is the fastest-growing region for NTT and a substantial amount of the USD 7 billion commitment will be invested.