Business

Business

China Postal Express and Logistics cancels IPO plans

State-owned express courier company China Postal Express and Logistics Co Ltd announced that it has withdrawn its application to go public due to strong...

Honda phasing out Accord sedan from India due to poor sales

Japan-based auto manufacturer Honda confirmed that it is phasing out its flagship Accord sedan from the Indian market. The recent decision has been made...

China Mobile to offer 4G services in 2014

The biggest telecom operator in China, China Mobile is all set to offer commercial fourth generation - 4G - telecom services in 340 cities...

Micromax set to expand presence in global smartphone market

Indian mobile phone manufacturer Micromax has managed to become one of the toughest competitors in the country when it comes to mobile phones in...

Nissan to sell cars online in India

Auto giant Nissan India announced on December 9, 2013 that it will start selling its entire range of cars online. This will also mark...

Maruti Suzuki and Hyundai to increase vehicle prices in India from January 2014

Auto giants Maruti Suzuki and Hyundai have announced that they will increase prices of their vehicles in the Indian market, starting from January 2014....

Ford planning to launch new small car in India

After the huge success of the Ford Figo, auto giant Ford India said that it is looking to introduce a new small car in...

Maruti Suzuki India reports decrease in sales in November 2013

Indian auto giant Maruti Suzuki announced 10.7 % decrease in its total sales at 92,140 in November 2013, against 1,03, 200 units in November...

Skype announces new joint venture in China

US-based software giant Microsoft’s online chatting service Skype is planning to expand its business in China. The new joint venture was announced after concluding...

Infiniti looking to increase sales in China in 2013

Nissan Motor Corp’s luxury division, Infiniti China is expecting to reach over 50 percent of annual growth when it comes to sales volume in...