India’s Zomato raises $60 million from three investors
Zomato, online restaurant guide, valued at $660 million after infusion of funds.
In a new round of funding, Indian restaurant discovery service Zomato has raised...
Samsung Electronics’ Q3 profit falls to lowest in three years
Smartphone maker Samsung Electronics' Q3 profit plunges by 60 percent.
Slowing smartphone sales have led Samsung Electronics to clock a quarterly profit said to be...
Indonesia set to build 165 airports in 2015
Government of Indonesia set to build 165 airports across the country by next year.
Indonesia is set to build 165 airports by 2015, as the government has...
Malaysian banks CIMB, RHB, MBSB submit merger plans
Three Malaysian banks CIMB, RHB, MBSB's joint proposal to merge to central bank BNM.
Malaysian banks CIMB Group Holdings, RHB Capital and Malaysia Building Society...
Singapore banks to get approval for operation in Myanmar
Two Singapore banks have received preliminary approval for foreign bank licenses to operate in Myanmar.
Oversea-Chinese Banking Corporation (OCBC Bank) and United Overseas Bank (UOB) are two Singapore...
South Korea plans record budget for 2015
South Korea to spend $363 billion in 2015 to counter economic crisis.
In order to cushion South Korean economy from the global economic crisis and slump in...
Malaysian Battersea consortium gets £1.35 billion financing
The Malaysian Battersea consortium has so far secured loans amounting to £2.09 billion.
In order to redevelop the 50 billion Malaysian Ringgit Battersea Power Station (BPS)...
Bangladesh to join $50 billion BRICS Bank
Post prime minister's go ahead, Bangladesh to join $50 billion BRICS Bank.
Bangladesh has expressed its willingness to join the $50 billion BRICS Bank in...
Tata Motors sees 8 percent hike in profits
With a three-fold rise since November 2013, India's Tata Motors sees 8 percent hike in profits.
India's largest automaker, Tata Motors sees 8 percent hike...
India’s Jet Airways shows $35 million loss in Q1
India's second largest airline by market share, Jet Airways shows $35 million loss in Q1.
Announcing its sixth quarterly drop in a row, India's Jet...