Meru plans to have presence in 40 cities by 2015 end

Taxi service provider Meru Cabs, which on Wednesday made a foray into Coimbatore, said it plans to have presence in 40 cities by the end of 2015. "Tamil Nadu being an integral market for growth for......

Companies get ready to cash in on odd-even rule

The rule, enforced for 15 days in January for the first time, bans vehicles with odd-numbered registration plates on even days and those with even-numbered registration plates on odd days.......

Alibaba close to buying strategic stake in Meru

Mumbai-based Meru Cabs is in talks with Chinese e-commerce giant Alibaba for a strategic investment.  Alibaba executives have held discussions with Meru and talks are likely to progress in the......

Meru Cabs raises Rs 300 crore; lines up Rs 600 crore more

Meru Cabs has received fresh funds of $50 million (Rs 300 crore) from existing investor India Value Fund Advisors. Another $100 million (Rs 600 crore ) is expected by the end of this month.......