5:20 pm - Saturday August 23, 2014

Archive: Business Subscribe to Business

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┬áJune 11, 2014 saying that it will buy over the remaining shares of mobile browser firm UCWeb. This deal will...
air

Rising costs spell doom for AirAsia expansion plans

AirAsia to clip a few wings as rising costs make expansion difficult. Low-cost Indonesian carrier AirAsia has withdrawn its plans to open new international routes from the Archipelago. The plans have been cancelled due to the rising input costs...
toyota

Toyota to use China-made hybrid engines

Japanese automotive manufacturer – Toyota – to use China-made hybrid engines in its cars. Auto giant Toyota Motors announced that hybrid powertrain which are made in China will be used in Toyota’s Corolla Models. The engines...
chevron

Jakarta to speed up issuance of Chevron permits

The government of Indonesia has promised to speed up the issuance of permits for the development of Indonesia Deepwater Development projects. The coordinating Economic Minister Chairul Tanjung said that the projects also include many oil and...
India gadget Expo - 2014

India Gadget Expo – 2014 all set to take place in Hyderabad

India Gadget Expo – 2014 is all set to unveil itself this month. India is all set to host a one of a kind event – India Gadget Expo 2014 which will be held in the Indian city of Hyderabad from June 19 – 22, 2014. India is a...
eisai

Eisai to unveil new carbonated supplement drink

Japan based pharmaceutical company Eisai Co has announced on May 28, 2014 that it will launch its new carbonated supplement drink – Chocola BB Sparkling Salty Natsumikan Flavor, classified as a Food with Nutrient Function. The new product...
Ambani, chairman of Reliance Industries, poses before addressing the annual shareholders meeting in Mumbai

Reliance Industries to acquire Network 18

Indian business giant Reliance Industries Limited is all set to take over the popular TV news channels like CNN IBN, CNBC TV 18, IBN 7 and Lokmat through the Network 18 group. The company will be taking over Network 18 with an infusion of a...
nepal

Nepal Airlines to revamp strategy to get back into business

The Nepal Airlines Corporation will submit a firm business plan to the Nepalese government. The business plan report is expected to be submitted in two to three weeks to restructure the troubled company. A ten year business plan by the national...
malaysia

Malaysian Airlines dismisses rumours about shut down.

Malaysian Airlines has outright dismissed unofficial reports stating that the Airline company will be shutting down operations from May 28. Ever since the infamous disappearance of its MH370, the airline has been dogged with market instability....
flipkart

Indian e-commerce giants -Flipkart and Myntra all set to join forces

The online mega store ‘Flipkart’ to take under its wing fashion retailer Myntra. After significant speculation in the market about Indian e-commerce giants Flipkart and Myntra combining forces, it has been confirmed that Flipkart...