SAIC

Siemens healthcare unit probed by China regulator for bribery: Sources

China`s State Administration for Industry and Commerce (SAIC) accused Siemens and its dealers of having violated competition law by donating medical devices in return for agreements to exclusively buy the chemical reagents needed to run the machines from Siemens, the people said.

May 03, 2015, 10:39 AM IST

China car giant SAIC records 12.8% profit rise in 2014

The Shanghai-based firm said net profit was 27.97 billion yuan ($4.56 billion), up from 24.80 billion yuan in 2013, according to a statement issued to the Shanghai stock exchange late Thursday.

Apr 03, 2015, 10:01 AM IST

China regulator blasts Alibaba for illegal business on its websites

A China regulator has accused Alibaba Group Holding Ltd of failing to clean up what it called illegal business deals on the e-commerce titan`s platforms, in an unusually strong government criticism of one of the country`s biggest private companies.

Jan 29, 2015, 02:05 AM IST

Microsoft CEO Nadella to visit China amid antitrust probe

Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday. 

Aug 28, 2014, 08:58 AM IST

Accenture says cooperating with China anti-trust regulator

Accenture PLC said it was providing client information to a Chinese regulator, which is investigating Microsoft Corp for anti-trust violations.

Aug 06, 2014, 20:42 PM IST

China regulator says Microsoft should not obstruct anti-trust probe

Microsoft Corp should not obstruct an anti-trust investigation by Chinese regulators, the State Administration for Industry and Commerce (SAIC) said on Monday.

Aug 04, 2014, 12:54 PM IST

Microsoft says complies with law in China amid probe

Microsoft said on Wednesday it seeks to comply with Chinese law, after Beijing announced an anti-monopoly investigation of the US technology giant over its business practices.

Jul 30, 2014, 13:55 PM IST