The Reserve Bank of India imposed US$8.3 million in fines for 22 lenders that flouted rules and regulations on anti-money laundering.
Archives
Fox moneymaker 'Glee' star Cory Monteith dies
Cory Monteith of Glee fame was found dead by hotel staff workers in Vancouver last Sunday. Cory Monteith, who plays Finn Hudson in FOX's hit comedy musical show "Glee", was found dead in his hotel room in Vancouver on Sunday, according to police.
I don't have cancer - Kyle Massey
Kyle Massey denied rumors of having cancer on Sunday. Kyle Massey, a 21 year old former Disney star, shot down rumors which claimed that he had been diagnosed with cancer.
Cannabis Technologies enters joint venture partnership with Vertigo Technologies LLC
Cannabis Technologies announced its new joint venture partnership with Vertigo Technologies LLC. Cannabis Technologies announced its new joint venture partnership with Vertigo Technologies LLC.
Centerbridge to invest US$216 million in Focus Financial
Focus Financial Partners stated that Centerbridge Partners agreed to invest US$216 million in a deal that was expected to close in third quarter.
Latest News
Altor was geared to acquire a majority stake in Rossignol Group that include Weber Investment and the Boix-Vives family.
India’s government chooses five banks to administer the sale of its stake in Indian Oil Corp. The Indian government chose five banks that include the local units of HSBC Holdings and Citigroup Inc to administer the sale of its 10% stake in Indian Oil Corp.
According to Experian, Irish mergers and acquisitions declined 50%. According to Experian, a global information services company, the number of mergers and acquisitions in Ireland dropped by almost 50%.
Cayman Islands and 25 European countries signed MOUs for continued hedge funds marketing in the EU. The Cayman Islands and 25 European countries signed a memorandum of understanding (MOU).
Infosys planned to make acquisitions in Europe. Infosys planned to make acquisitions in Europe. This was an effort of leveraging offshoring to cut costs, said the Indian IT company.
NVM invested GBP7 million in 100-year-old furniture maker, Buoyant Holdings. NVM Private Equity invested GBP7 million in 100-year-old Buoyant Holdings.
Foresight Group invested GBP3.5 million in the buy-in management buyout of Aerospace Tooling. Foresight Group announced that it invested GBP3. 5 million or US$5.
French President Francois Hollande said that he will fight the traditional pessimism of his countrymen to lift the weakening economy.
Amphivena Therapeutics Inc. successfully completed a US$14 million equity. Separately, the company signs an agreement with Janssen Biotech Inc for exclusive rights for acquisition.
