India's first home-grown mapping company MapMyIndia is looking to list in the public market by raising around Rs 1,200 crore at a Rs 6,000-crore valuation. Sources said the company is ready with its draft red herring prospectus documents and is likely to file as early as next week. While the money will be used for business expansion, it will also give MapMyIndia's early investors, including Qualcomm, PhonePe, and Japanese mapmaker Zenrin Co., a chance to exit. The Verma family, which founded the company, will continue to remain promoters.
What will it take for Tesla to plug and play in India? Sector pundits say it's a mix of strategy, getting the price right, timing, the right talent, and above all, patience.
World Cup sponsors are in an awkward position, experts said, because they are under pressure from consumers to distance themselves from any corruption, but such sponsorships are lucrative in the long term.
Hyundai has upped the game of the Verna with the 4S.
Blatter quits FIFA; under investigation by US prosecutors, FBI.
'Look East' policy was first coined by the Narasimha Rao government in the 1990s and has been followed by the successive governments.
The visit of Park Geun-Hye to India, though a symbolic one, will certainly give a further impetus to the strategic partnership between the two countries says Rup Narayan Das.
Auto stocks are weighing on the indices.
Asia's falling stocks have triggered an exodus of funds from the region.
Famous and long believed to be trusted Indian brands have wilted against foreign brands, says Mohan Guruswamy.
If you opt for a petrol variant, you will need to reapply for loan.
Can a stronger platform, an all-new design, a more powerful engine and an extended feature list make the third-gen WagonR a better car than its rivals? Let's find out
Honda cars has strengthend market share in India in the past five years.
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