Corporatestrategy

Taking on Yelp: Zomato plans to raise $80 mn more to expand in US, Australia

Zomato is clearly bracing up for an interesting battle

Flying start to Air Asia recruitment drive for Indian ops

As the Malaysian low-cost carrier looks to kick start its operations in India from September, its recruitment drive got a thumping response.

SBI spreads footprint on social media: Now on YouTube, next Twitter

Nation's largest lender State Bank of India today strengthened its social media presence with the launch of its channel on popular video sharing website YouTube and said it will also be launching its handle on the micro-blogging site Twitter soon.

Debt, gas problems knock stuffing out of GVK

GVK's problems are compounded by debt taken in more bullish times to increase its stake in Mumbai and Bangalore airports.

Huawei to set up R&D centre in Bangalore; invest Rs 813 cr

In India, Huawei employs around 6,000 people out of which it has close to 2,500 people are working at its R&D.

PVR begins audit of Cinemax properties, no decision yet on branding

Consolidated EBITDA up 34% in Q3; Bijli says no interest in Fun Cinemas

Will IFCI be better off as a PSU? Its boss doesn't think so

IFCI's CEO is resisting the government's efforts to make the company a full-fledged public sector unit again.

Three's a crowd: How Honda is driving Bajaj, Hero global

The rapid expansion of Honda's two-wheeler marketshare is sending the Big Two - Hero and Bajaj - scurrying for overseas markets

L&T to raise Rs 100 crore in 10-year inflation-linked bonds

Larsen & Toubro is planning to raise Rs 100 crore in 10-year inflation-linked bonds at 1.65 percent over wholesale price inflation, a source with direct knowledge of the deal said.

Heineken buys 3.2% stake in United Breweries

Heineken's UK unit has acquired a 3.21 percent stake in India's United Breweries, the Indian alcohol company said on Wednesday, sending its shares up by more than 6 percent.