The largest budget carrier in Asia plans to invest $30 million to $60 million into its new airline venture in India.
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LVMH buys minority stake in designer Maxime Simoens
LVMH unveiled its first acquisition in fashion in four years on Thursday when it took a minority stake in young French fashion brand Maxime Simoens for an undisclosed sum.
Owners Plan to Sell 90% Stake at French Department Store Printemps to Qatari Investors.
Printemps owners are said to have been aiming to sell their 90% share in Qatar. Businessman Maurizio Borletti of Italy said that owners of Deustche Bank's real estate arm RREEF are selling their 70% share at French department store and tourist hotspot Printemps.
WPS Holidings says to go Private
WSP Holdings Limited enters into definitive agreement for going private transaction WSP Holdings Limited, a leading Chinese manufacturer of API and non-API seamless casing, tubing and drillpipes used in oil and natural gas exploration, drilling and extraction, and other pipes and connectors, today announced that it has entered into an Agreement and Plan of Merger with WSP OCTG GROUP Ltd.
Canvera Raises US$6.5M in Series B shares
Canvera awarded more venture capital money Canvera Digital Technologies Pvt Ltd was able to raise about US$6. 5 million in Series B round of funding from other sources at a time when known venture capitalists are leaving the market.
Latest News
Sigma Corporation improves software capabilities with Photo Pro 5.5. (Photo : Reuters) Sigma Corporation of America, the manufacturer and developer of the most impressive lenses, cameras and flashes has recently unveiled the Sigma Photo Pro 5.
Celtic Exploration Ltd can now be acquired by giant energy firm ExxonMobile when Ottawa approved the merger under the Investment Canada Act.
A wrongful death is filed against Union Pacific Railroad Company alleging negligence. (Photo : Reuters) Renee Ammari, 21 and Tanya Sayegh, 18 died of critical injuries after a Union Pacific Railroad Company train ran down their stalled vehicle near the Mission Inn Avenue grade crossing in Riverside, CA last October 31, 2007.
Juniper Network employs high security systems for its mobile carrier clientele. (Photo: Reuters) The industry leader in network innovation, Juniper Networks has unveiled a new line of security cards for specific use for its SRX5600 and 5800 Series Services Gateways.
Bombardier agrees to sell for up to 42 new C-series jets to Ilyushin Finance Co in possible $3.42 billion deal
Private equity company decides sale of its sports and modeling talent agency IMG and is looking for an investment bank to lead the auction.
MGM Resorts chair Jim Murren said Crystals luxury mall has potential buyers (Photo : Reuters) MGM Resorts International's chief executive said he remains bullish on Macau despite reports of slowing growth in the gambling enclave of China.
The New York Times is putting up the Boston Globe group for sale for a second time (Photo : Reuters) For the second time, the prestigious Boston Globe has been put up for sale by its current owners, the New York Times Co.
ExxonMobil purchases Celtic Exploration (Photo : Reuters) In compliance with the Investment Canada Act, the Canadian Minister of Industry has recently announced the approval of the acquisition by ExxonMobil Canada Ltd of Celtic Exploration Ltd.
