The Department of Telecom, upon the urging of the Comptroller and Auditor General, had confirmed the charges imposed on Bharti Airtel for improper spectrum use in seven areas.
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Volkswagen pulls out of London Stock Exchange
According to a VW spokesperon, the trading volume at the London Stock Exchange was too low as against the administrative costs required.
Samsung to region-lock Android phones in Europe
Compiled reports by The Next Web confirmed news that Samsung Electronics Co Ltd would be region-locking almost all of its Android phones.
1K1V presents new private equity team and Johannesburg office
One Thousand & One Voices, a private equity movement, announced the opening of its first office in Johannesberg, South Africa and its new private equity team.
Peugeot in China at divergent paths
Peugeot still is waiting on Dongfeng's investment while Chang'An Auto is all out in a venture with the French carmaker.
Latest News
Hettich's future plans include investments in research and development as well as training. Hettich, the German furniture fittings and hardware company, who has a subsidiary in India, said it would be investing about INR500 crore in the next five years.
Recon Instruments received funding from US venture capital firm Intel Capital. Vancouver, Canada-based Recon Instruments announced that it has received a significant investment from US venture capital company Intel Capital.
Bob Diamond, the former CEO of Barclays, said he planned to purchase more Barclays shares in the bank's rights offering.
Liftopia scored USD 5 million in its recent Series D funding round. Online ski marketplace Liftopia received USD 5 million in Series D funding. Industry Ventures led the most recent funding round.
Piada Italian Street Food announced that a significant investment was made to the company by Catterton Partners.
A Bloomberg report said China's richest man Wang Jianlin may be acquiring luxury brands such as the Four Seasons hotel chain in his quest to expand his company Dalian Wanda Group to the US.
According to a statement today, a group led by private equity firms Corsair Capital LLC and Centerbridge Partners LP would be preferred by Royal Bank of Scotland Group Plc to purchase its 314 branches.
According to sources who told the Wall Street Journal, family-run Wing Hang Bank Ltd may get takeover bids from Australia & New Zealand Banking Group Ltd and United Overseas Bank Ltd of Singapore.
Beats Electronics on Friday said it had received an investment from the Carlyle Group worth USD500 million.
