Under Ma’s leadership, Alibaba has grown to become Asia’s most valuable listed company, with a current market capitalisation of $460 billion.

With new avenues like United Payments Interface (UPI), Unstructured Supplementary Service Data (USSD), mobile wallets and apps now becoming available, a KPMG report 'Fintech in India-Powering Mobile Payments', has identified all those factors that will stimulate this ecosystem in India to thrive, and establish itself as a mature player by global standards.

For India’s TV industry, surviving the onslaught of online video apps is perhaps the most crucial challenge they will have to rise to, with 38 percent online users surveyed for the latest report by KPMG India-Eros Now titled ‘Unravelling the digital video consumer’, considering pulling the plug on their TV sets.

For over a decade, manufacturer Matsutek plied away at building its business with big Western brands, supplying firms such as Philips and Honeywell with products made in its Chinese factories for the U.S. and other overseas markets.That strategy paid off, helping it grow into the world's second-largest maker of robotic vacuum cleaners. But then, the Taipei-headquartered firm became one of the many corporate casualties in the escalating trade war between Washington and Beijing.