Hewlett Packard's (HP) Indian unit faced a US$386 million order after the Indian customs department stated that the company has underpaid dues while importing spare parts and other products into India.
Deals
Rio Tinto's Dunkirk Plant Preparing for Efficiency
Rio Tinto's agreement with EDF for its electricity is due on 2016, requiring the mining giant to seek options to improve efficiency and negotiate for a new contract.
Billionaire leads Thailand’s biggest takeover
Thailand's CP ALL Pcl acquired Siam Makro Pcl after its shareholders agreed on the 189 billion baht ($6.1 billion) deal. This acquisition is considered to be the Southeast-asian nation's largest takeover in history.
Augment Ventures invests for the third time in two years
Venture capital firm Augment Ventures made another investment in Mercatus, its third one after the company's launch almost two years ago.
Rio and Glencore Discusses Australian Coal Assets
More discussions between Rio and Glencore is said to have transpired after early talks were held for the venture of two thermal coal assets in Australia.
Latest News
Within the past week, an informal takeover bid for Kabel Deutschland Holding AG was initiated by Vodafone.
Gemalto was chosen by SoftBank Mobile for the commercial launch of mobile NFC services in Japan. (Photo : Reuters)The image is the Softbank corporate logo on the frontage of its company headquarters.
Newcastle Investment Corp. announced today, a public offer of 30,000,000 shares of its common stock.
Berkley Properties and 601W Companies emerged in a partnership for the recapitalization of Chicago's Prudential Plaza.
Actavis and Medicines360 announced partnership to be able to deliver affordable intrauterine device in the US market.
Oregon LNG files export application with FERC that is necessary for its site operation and pipeline construction.
The Indian government is asking for an explanation about a premature statement issued by ONGC regarding its US$2.5 billion deal with Videocon.
Facebook CEO Mark Zuckerberg faces a lot of questions during first shareholder meeting regarding slumping stock prices after the company's IPO last May.
The following bids, mergers, acquisitions and disposals were reported on Tuesday The following bids, mergers, acquisitions and disposals were reported on Tuesday:- Google Inc bought Israeli mapping startup Waze on Tuesday for just over $1 billion, a source familiar with the matter said, acquiring an online real-time mapping service to safeguard its lead in one of the most crucial aspects of smartphone usage.
