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Tag Archives: South Korea

Conquering Mount Halla in Jeju, South Korea

Jeju Island, dubbed “the Hawaii of Korea”, is an underrated destination hidden off the southwest tip of South Korea. While the tourism industry in the country is growing, Jeju Island remains unprecedented among Westerners. This Eastern paradise is top on the list of honeymoon spots for the newlyweds in Korea, ... Read More »

Toshiba Will Sell Chip Business to Bain Capital Group

Toshiba’s board signed off Wednesday on selling its computer chip business to a group led by Bain Capital Private Equity, but the deal’s future remains unclear as Toshiba’s U.S. joint venture partner Western Digital opposes it. Japanese electronics and nuclear company Toshiba Corp., which needs the sale to survive, said ... Read More »

AI firm Appier secures US$33 million in Series C to set up R&D unit in Singapore

Taiwanese artificial intelligence (AI) startup Appier has raised a US$33 million Series C investment in its latest fundraising, which includes an investment from Singapore’s Economic Development Board (EDBI). Other participating investors also include Japan’s SoftBank Group, South Korea’s LINE Corporation, and Hong Kong-based AMTD Group. This funding round brings the ... Read More »

Tata Motors to raise Rs 500 crore through NCDs

Tata Motors has received an approval to raise Rs 500 crore through issuance of Non-Convertible Debentures (NCDs) on private placement basis. The company’s Authorized Committee in its meeting held on June 21, 2017 has approved the issuance of up to 5,000 Rated, Listed, Unsecured, 7.50% Coupon, Redeemable, NCDs of face ... Read More »

Motherson Sumi Systems lines up capex of Rs 2,000 crore for FY18

Motherson Sumi Systems (MSSL), an auto component major, has earmarked Rs 2,000 crore capital expenditure for the current fiscal 2017-18. The investment would mainly go into the upcoming nine manufacturing plants across the world. The company is coming up with three plants in India, three in Hungary, one each at ... Read More »

Tata Motors launches mid-sized sedan Tigor in Chennai

Tata Motors, one of the pioneers in Indian automobile industry, has launched its new car Tigor in both petrol and diesel variants in Chennai. The car was launched in six colours and four variants at an introductory price of Rs 4.82 lakh for petrol (base model) and Rs 5.74 lakh ... Read More »

Tata Motors’ arm reports 19% rise in U.S. sales in March

Tata Motors’ subsidiary — Jaguar Land Rover (JLR) has reported its best-ever sales month in March 2017 in the US. The company’s US sales for both brands hit 12,918 units, a 19% increase from 10,866 units in March 2016. While Jaguar sales were 4,953 units, a 132% increase from 2,133 ... Read More »

Japan hotel removes books on ‘comfort women’ before Asian Winter Games

Tokyo: Controversial material on “comfort women” that sparked diplomatic tension between Japan and South Korea is being removed from a hotel ahead of the 8th Asian Winter Games (AWG) in this country, a media report said. The APA hotel is designated to host athletes during the AWG to be held in Sapporo and Obihiro between February […] Read More »