11:47 am - Friday August 22, 2014

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subaru

Subaru recalls 660,000 vehicles

Automobile manufacturer Subaru recalls 660,000 vehicles citing defect in brakes. Japan based automobile manufacturing division of Fuji Heavy Industries – Subaru – has recalled more than 660,000 cars and SUVs citing issues in its...
samaung

Samsung to shut down plasma TV business

Plasma TV’s breathe their last as major companies to stop production. South Korean giant Samsung is all set to shut down its Plasma TV business owing to changes in market demands. The company said that it will instead focus on the curved...
airasia

AirAsia not ready to break before eight months

AirAsia plans to wait it out before breaking even its cost-benefit. The head of the investor relations at AirAsia India said that it does not have any chance of breaking even before at least eight months in 2014. The airline has further pushed...
volkswagen

Renewed Volkswagen Polo to be launched in India

New Volkswagen Polo to launch in Indian markets in July. A few months back, reports had hinted that Volkswagen India is all set to give its Polo a makeover by July 2014. The company has now made an official announcement that the new and renewed...
mercedes

Mercedes Benz eyes first time buyers in India

Mercedes Benz eyes larger consumer base in Indian market. Germany based luxury automaker – Mercedes Benz – has expressed its confidence about increasing sales in India in 2014. Reports say that one out of every five Mercedes Benz...
toyota

Japan automakers recall 3 million vehicles

Honda, Nissan and Mazda call for major vehicle retractions citing air bag defect. Major Japanese automakers have announced a retraction of about three million of their vehicles across the globe on June 23, 2014. The vehicles have been recalled...
jet

Jet-Etihad deal scrutinized by Singapore competition watchdog

Jet-Etihad alliance runs into more hurdles over Singapore’s scrutiny. The Competition Commission of Singapore has seemed to have added to more road blocks for the alliance between Indian carrier Jet Airways and Abu Dhabi’s Etihad. The...
jaguar

Jaguar and Land Rover launch in Myanmar

Luxury automobile brands are all set to hit the Myanmar market. The British auto makers - Jaguar and Land Rover – launched their first showroom and service centre in Yangon, Myanmar along with local partner Capital Automotive Ltd. With...
skybox

Google to acquire satellite maker Skybox

In another ‘Moonshot’ deal, tech giant Google to acquire satellite maker Skybox. Search engine giant Google is all set to buy Skybox Imaging. The recent deal will help as a launching pad for the internet giant to have its own fleet...
alibaba

Alibaba to merge with UCWeb in China

China’s Alibaba group all set to expand in the mobile sector. China’s e-commerce giant Alibaba Group made a statement on June 11, 2014 saying that it will buy over the remaining shares of mobile browser firm UCWeb. This deal will...