According to India's Finance Minister, Palaniappan Chidambaram, the hunt for a new central bank governor is on after the bank's current head declined term extension.
Firm Management
King & Wood Mallesons-SJ Berwin merger forms US$1 billion firm
Today, the merger between King & Wood Mallesons and SJ Berwin was concluded through approval votes by partners from different locations including China, Hong Kong, London and Australia.
New Gilt Groupe CEO to prove flash sales are real
Gilt Groupe new chief executive officer Michelle Peluso is trying to reorganize the company to get workers energized about flash sales even as competitors see this move as a fad that would shy away investors.
Microsoft and Steve Sinofsky's enter a 'non-disparage’ agreement
Microsoft and Steve Sinofsky's entered into a "non-disparage" agreement. Steeve Sinofsky, a former chief of Windows, entered into a "non-disparage" agreement with Microsoft.
WindPower Innovations names Nick Palumbo as subsidiary's director of sales and marketing
WindPower Innovations appointed Nick Palumbo as the Director of Sales and Marketing for subsidiary WindPower Solutions.
Latest News
BlackBerry could turn things around if the company's restructuring, product improvement and marketing strategy would succeed.
Sithe Global Power announced that Bruce J. Wrobel chief executive officer and chairman is stepping down and that Martin B. Rosenberg and Brian H. Kubeck are to succeed him.
IHS GmbH confirmed that Battery Ventures had acquired the group's shares in Kings Park Capital.
Integrated Private Debt Corporation garners US$307 million for its fourth fund. Integrated Private Debt (IPD) Corp. , the private corporate debt unit of Integrated Asset Management Corp.
Apollo Global Management has agreed to pay US$400 million in cash for Pitney Bowes' management services arm.
Analytics specialist Blueocean Market Intelligence adds a new professional to the team as senior vice president of digital analytics.
Investment firms Acon and Capital International Private Equity Fund IV jointly acquires Vetra Energia.
The world's largest aluminum producer names Libby Archell new Vice President of Corporate Affairs.
Bessemer Venture Partners helps Qwilt expand delivery globally with US$16 million in funding. Online video platform provider Qwilt gained US$16 million in a series C financing round led by venture capital firm Bessemer Venture Partners.
