The UN’s top envoy for Syria announced that new talks between Syria’s government and Opposition will take place in about a month and said that this eighth round must finally move to genuine negotiations on the political future of the war-ravaged country.
With the civil war now waging for over six-and-a-half years, Syrian President Bashar al-Assad and his allies have taken control of the country’s four largest cities and its Mediterranean coast.
North Korean Firms in China Ordered to Close
China has ordered North Korean companies in the country to shut down by January as it applies UN sanctions imposed following Pyongyang's sixth nuclear test.
The announcement comes days after China confirmed that it will apply another major part of the sanctions: a limit on exports of refined petroleum products to North Korea starting October 1 and a ban on textiles from its neighbour.
Japanese car maker Nissan has entered the pre-owned car business in India with the unveiling of Nissan Intelligent Choice.
India is the third country to get Nissan’s pre-owned stores after South Africa and Brazil.
The objective is to service customers looking for quality tested and certified pre-owned cars with optimum value. Nissan Intelligent Choice will help customer owning a multi-brand car to exchange it for a Nissan or Datsun car.
Myntra Wins Rights
Online fashion retailer Myntra has clinched the master franchise rights for Esprit as the fashion brand attempts to make a comeback into the India market.
About five years ago, Esprit shuttered its stores, which were run by its local partner the Aditya Birla Group owned Madura Fashion & Retail.
Myntra will sell the brand's products across online and offline channels with both the companies sharing the revenues.
Navin Budhiraja, senior vice-president and head of technology has resigned.
He joined the IT major in August 2014.
As per reports, he had put his papers last week.
New CEO of Tata Capital
In yet another top-level change at a Tata Group company, Rajiv Sabharwal will be the new CEO and MD of Tata Capital. Next April, banking veteran Sabharwal will replace Praveen Kadle, who has been at the helm of Tata Capital since its formation a decade ago.
Kadle subsequently will move into an advisory role within the Tata Group.