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Motorola Razr foldable smartphone to launch ‘soon’ in India, company confirms

· December 16, 2019 ·

Motorola has dropped a teaser of the Motorola Razr launch in India. The company had previously confirmed about its first foldable screen smartphone’s launch in India immediately after the US launch. The latest teaser by Motorola India does not reveal the exact date but hints that the Motorola Razr would launch ‘soon’ in India.Motorola India’s tweet shows the foldable Razr smartphone in different angles. Although the official date is yet to be declared, Motorola has opened registrations for users interested in receiving updates. There is no word on the pricing either.The iconic #motorolarazr that's built to match your style. Get ready to #feeltheflip of #razr, soon in India. Register now and #bethefirst to know all about it. https://t.co/PEWSO8uzsQ pic.twitter.com/7J3tAONIBy— Motorola India (@motorolaindia) December 13, 2019Motorola Razr was first unveiled last month in the US. Compared to other foldable smartphones, the Motorola Razr is priced affordably … [Read more...] about Motorola Razr foldable smartphone to launch ‘soon’ in India, company confirms

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Tewoo Group’s debt default indicates rising credit risks in China

· December 16, 2019 ·

Highlights- Tewoo Group’s debt recast proposal has been rejected by investors- Largest default by a state-owned company in China- Recently, Peking University also missed interest payments- Three regional banks have collapsed since May-------------------------------------------------Chinese commodities trader Tewoo Group has become the first Chinese state-owned company in two decades to default on its US dollar -denominated bonds. While the government is taking measures to alleviate the debt market stress through fundraising and interest rate cuts, delinquencies continue to rise as China is witnessing its worst economic slowdown in nearly three decades. Tewoo’s default signals that corporate stress has aggravated further and the Chinese government is finding it difficult to contain credit risk in a weakening economy.Close Company background related news Govt has no business to be in business: Anil Agarwal Honda Cars India partners TranzLease for auto finance … [Read more...] about Tewoo Group’s debt default indicates rising credit risks in China

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