How China chokes foreign banks

IANS | May 12, 2026 5:13 PM

New Delhi, May 12 (IANS) Although foreign banks have been in China for decades, they have failed to grow and currently account for a mere 5 per cent of the country’s total banking assets, according to a media article.

Adani Ports arm ties up with US firm Oceaneering for deepwater push

IANS | May 12, 2026 5:01 PM

New Delhi, May 12 (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday said its maritime subsidiary Astro Offshore has partnered with US-based engineering and applied technology company Oceaneering International Inc. to expand into ultra-deepwater and subsea operations, a major step in its global offshore growth strategy.