BATS-Direct Edge merger catch up while stock trading declines

BATS Global Markets Inc. and Direct Edge Holdings LLC said that it would commence the merger last Monday.


Titagath Wagon decides not to pursue demerger plans

Titagarh Wagons Ltd. had decided to no longer push its demerger plans amid the sluggish order flows for wagons in the market.

PE company takes Globecomm private for USD340 million

Globecomm Systems Inc. said that it had agreed acquisition from Wasserstein & Co for USD340 million.

RBI allows NRIs to invest in India's primary and secondary markets

The Reserve Bank of India had allowed non-resident Indians to purchase shares from Tai Industries and Madras Aluminum Company.


Latest News

Gold prices, after a previous period of decline, is now on the rise, recently topping the USD1,400 level.
India's ONGC Videsh said it would increase its overseas debt to fund a USD2.64 acquisition. ONGC Videsh Ltd. is a state-backed energy explorer in India.
America Movil had announced today its support for the purchase of E-Plus, Telefonica's German unit.
Acquia Inc. hired a new chief financial officer before it would start discussions with banks for an IPO.
Carlos Slim gives support to Telefonica's buyout of Royal KPN NV. In a surprise move, Carlos Slim's America Movil SAB gave its 'irrevocable commitment' to vote in favor of KPN's E-Plus unit's sale to Telefonica Deutschland Holding AG.
Anadarko sells part of its stake in Mozambique property to Oil and Natural Gas Corp. Ltd. for USD2.64 billion.
Canva launched a new tool for design creation and collaboration through a USD3 million in seed funding.
CNH Industrial COO Richard Tobin is the new CEO of the merged company between Fiat Industrial and CNH Industrial.
IILM Corp's debut sukuk was oversubscribed according to reports. The International Islamic Liquidity Management Corp, which is based out of Malaysia, announced on Monday that it had auctioned USD490 milion in sukuk bonds.
SABB, which is partially owned by HSBC, has been busy preparing for a sukuk bond issue by year's end.