HSBC Holdings closes InvestDirect Securities unit in India

HSBC Holdings would be winding down the operations of its InvestDirect Securities unit in India. HSBC Holdings would be exiting its India-based retail broking and retail depository services unit in India.


NXT Capital gives subordinated venture loan to MyBuys

NXT Capital invested in MyBuys through a USD 4.5 million subordinated venture loan. The Venture Finance Group of NXT Capital gave a USD subordinated venture loan to support MyBuys.

TextPower Inc closes oversubscribed Series A round with USD 525,000

TextPower raised capital commitments amounting to USD 525,000 in its Series A round. TextPower Inc completed its Series A financing round with USD 525,000 in investments.

Blackstone-led buyout group takes Pactera Technology private

A Blackstone Group-led consortium would privatize Pactera Technology. A buyout group led by private equity firm Blackstone Group would be taking China-based Pactera Technology International Ltd private.


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Marketing intelligence company Mintigo raised USD10 million in its recent funding to further growth in social data marketing and company sales.
Beijing Enterprises Water raised USD 145 million from selling shares to its controlling shareholder Beijing Enterprises Environmental Construction.
Yury Kovalchuk's Bank Rossiya and his partners purchased a 50% stake in the Russian unit of Tele2.
One Group LLC, owner of the STK steakhouse chain, would be merging with Committed Capital Acquisition Corp, said a Wall Street Journal report.
Italian confectionery firm Ferrero said through its spokesman that reports about the company receiving acquisition offers were complete fabrications.
British retail giant Tesco Plc is partnering with Tata conglomerate subsidiary Trent to open stores in India.
Singapore Exchange's provisions on Asiasons Capital Ltd planned share sale may endanger the investment firm's buyout plan in Black Elk Energy Offshore Operations LLC.
Wix.com Ltd, the Israeli online provider of website management tools, chose to list in the tech oriented Nasdaq.
A group of private equity investors, SoftBank and eBay had pumped in around USD150 to USD200 million worth of new funding to online marketplace Snapdeal.
A payment of USD260.7 million was paid to Berkshire Hathaway for the exercise of its warrants from General Electric Co.