Oil India Ltd., and Oil & Natural Gas Corp., will acquire Mozambique's Videocon Industries Ltd., to increase their overseas production and oil reserves.
Deals
Dangote Cement Sells Stake to Sovereign Wealth Fund
Dangote Cement sells off 1.5% to an unidentified sovereign wealth fund for 45.8 billion naira. (Photo : Reuters)The image is of Africa's richest man, Aliko Dangote.
Facebook gains 5.2%, projected to enter index next year
Facebook reported a 5.2% gain despite a continuous drop since May 2012. (Photo : Reuters)The image is the company confirmation of its listing in the NASDAQ.
Sprint Nextel's Future in the hands of shareholders
Sprint Nextel is convincing its shareholders to agree to one deal for itself while it participates in the acquisition of Clearwire against the same bedfellow.
Google Purchase of Waze Creates Ripples
Google's US$1.3 billion purchase of Waze would create a ripple effect deep into the Israeli economy.
Latest News
McDonald's gained better than expected figures with aggressive advertising focused on its breakfast and Dollar menu.
Agilitas, a Pan-European private equity firm, opts to buyout ISS Damage Control management. Agilitas, a Pan-European private equity firm decide to buyout the management of ISS Damage Control from ISS Group.
Veolia Environment struck a deal to acquire Spanish Proactive Medio Ambiente. Veolia Environment SA acquired Spanish waste-management company Proactiva Medio Ambiente after Barcelona-based Fomento de Construcciones & Contratas SA agreed to sell its stake to the French waste utility.
The Swiss Market Index climbed as Novartis advanced studies on multiple sclerosis while Roche releases arthritis drug.
Softbank's SB Energy and Mitsui & Co. partner with Green Power Investment Corp. to create a wind farm in Western Japan.
AirAsia Bhd.'s and ANA Holdings Inc.'s tieup may soon dissolve. (Photo : Reuters)AirAsia is completing its deal to buy up to 100 jets from Airbus.
Cinven and Finmeccanica draws offers for Avio Spazio from French German consortium EADS and French goups Safran and Thales along with two other unidentified US and Germany operators.
Eighties software giant Manman's founder managed to raise $33 million for her new company, Kenandy.
As the London housing prices increases to a capital average of more than GBP500000, more households are rising to become renters.
