Overseas Operations News

Money

PSU banks plan closure of 70 overseas offices this year

According to the data, 159 branches of PSBs are operating in foreign countries, of which 41 branches were in losses in 2016-17.

1 min read27 Aug 2018
Companies

Ola, Oyo Rooms, Lenskart draw up plans for overseas expansion

Ola has expanded its presence in Australia by introducing its service to Brisbane, Gold Coast and Canberra, Oyo Rooms is looking to foray into China after Malaysia and Nepal, Lenskart too is eyeing Asian countries

2 min read25 May 2018
Market

Motherson Sumi continues to face margin pressure in foreign markets

Fortunately, with more than two-third share in supplies to OEMs in India, Motherson Sumi is on a strong wicket on home ground

2 min read25 May 2018
Companies

We won’t be a feeder airline in overseas operations: Vistara’s Sanjiv Kapoor

Vistara chief strategy and chief commercial officer Sanjiv Kapoor says that the airline will decide on the type of aircraft it will purchase in the next three months

4 min read12 Mar 2018
Companies

Aster DM Healthcare may refile IPO papers

Concerns over valuation of its overseas operations, which account for a large share of revenue, may see the hospitals operator lowering its share sale size, valuation

3 min read4 Apr 2017
Companies

Mahindra to set up another base outside India: MD Pawan Goenka

Mahindra MD Pawan Goenka says the firm is scouting for a second home base, indicating that the facility is aimed at reducing dependence on India operations

3 min read2 Mar 2017
Companies

redBus plans to expand global footprint in next three months

Firm aims to launch ops in at least four South and Southeast Asian countries, says CEO Prakash Sangam

2 min read9 Mar 2016
Industry

Ashok Leyland in process to sell stakes in overseas operations

Ashok Leyland looking for suitable buyer

1 min read11 Nov 2014
Companies

L&T to consolidate overseas ops after gains in West Asia

International talent and experience is essential to achieve our goals, and we are strengthening our multi-cultural leadership base, says chairman

3 min read22 Aug 2014
Videos

Anil Sardana on Tata Power’s overseas plans

Anil Sardana, Tata Power's managing director, speaks to Mint about the company's plans for overseas operations and the Mundra power plant

31 May 2013
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