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ONGC to raise stake in Brazilian oil field- sources

Sources said the Oil & Natural Gas Corp (ONGC) would be buying a 12% stake in the Brazilian oil field owned by Petroleo Brasileiro (Petrobras).


Apple's iOS 7 update has new, flatter look

The Apple iOS 7 was a visual departure from its earlier versions, a report from The Independent said.

Kiosked scores USD 6.9 million from private investors

Kiosked said it gathered a total of USD 6.9 million in its latest funding round. Kiosked announced that it received USD 6. 9 million from private investors.

Bison Capital announces closure of its fourth fund

An oversubscribed fourth fund from Bison Capital Asset Management was recently announced to be closed.


Latest News

Macau Legend announced plans to raise USD 300 million through a share sale to redevelop the Fisherman's Wharf complex.
Criteo filed for a USD 190 million IPO in the Nasdaq Stock Market. France-based web advertising firm Criteo filed for an USD 190 million initial public offering in the US.
The Blackberry Z30 would be launched in Malaysia to compete with market leaders Apple iPhone and Samsung's Galaxy S4.
The first Gulf region company that would come out of bankruptcy places many Western courts at a quandary on Islamic finance.
Tencent Holdings, with its recent share value rise, pushed the overall value to above USD100 billion.
Investor sentiment improved in Switzerland for September, a new survey revealed. Investor confidence in Switzerland increased in September. Germany-based ZEW Center for European Economic Research and Credit Suisse Group based in Zurich revealed investor and analyst expectations rose to 16.
Hungary applied for permission to sell bonds in the US market. The European Union's most heavily indebted member nation had filed with the US regulatory authorities for the issuance of USD5 billion worth of bonds.
Dan Gertler of Oil of DR Congo wanted partners to develop oil in Lake Albert in Congo. Oil magnate Dan Gertler, owner of Oil of DR Congo, would like partners to develop a potential oil find in the Democratic Republic of Congo.
A Reuters report expected the US Federal Reserve tapering to be cautious. According to a Reuters report, expectations were rife that the US Federal Reserve would be cautious about the tapering of its stimulus package.
The Brazilian unit of Julius Baer Group would be opening offices outside the main centers of Sao Paulo and Rio de Janeiro.