Maruti Suzuki India Ltd said it will be asking its minority stakeholders to approve the plan of parent firm Suzuki Motor to build a car plant in Gujarat, Bloomberg reported.

During the inauguration of the Keemanshoop Old Mutual Retail Centre yesterday, Namibia President Hifikepunye Pohamba called on foreign firms to invest in the country's infrastructure development to help the improve its economy.

China-based e-commerce firm Alibaba Group plans to hold a US listing in the third quarter of this year, according to a sources interviewed by Reuters.

A report from Chetan Sharma Consulting said the US will exceed the $100 billion mark in mobile data revenue this year to be followed by China and Japan, VentureBeat reported.

A 12-square-meter shop located at the center of Causeway Bay in Hong Kong sold for over $23 million (A$25.56 million), surpassing the previous record of the most expensive retail store sold.

Helsinki, Finland-based smartphone giant Nokia now made the Nokia Refocus app available to all Lumia smartphones to allow users to take refocusable photos using their phones.

Arizona, US-based Internet domain registrar and web hosting service GoDaddy Group Inc is preparing for an initial public offering (IPO) less than three years after it was sold for $2.25 billion, according to sources familiar with the situation.

San Francisco, US-based startup studio Expa, which was created by Uber founder Garrett Camp, raised $50 million in funding from big-time investors to provide seed funding for startups.

Joseph Lau, the Hong Kong billionaire tycoon Chairman and CEO of Chinese Estates Holdings, was sentenced to five years in jail for bribery and money laundering, Reuters reported.

Japan-based Transcosmos Inc led the $10 million funding round for Singapore-based online beauty products platform Luxola Pte Ltd, a statement about the investment said.