On Wednesday, GMR Infrastructure announced it had sold its stake in its highway construction unit to India Infrastructure valued INR222 million.
Investors
Calico is the new firm formed by Google to tackle health issues
Google has made a 'significant' investment in Calico, a company designed Google had announced its plans to form a new company to be named Calico.
Morgan Stanley CEO shares personal investment choices
James Gorman, the CEO of Morgan Stanley, said that he personally invest in municipal bonds, a biotech firm and for his children's accounts,in global equities.
Telecom Italia's options hinge on future with Telefonica SA
In order to save the debt of Telecom Italia from being downgraded to junk status, a future with Telefonica SA seems to be the best option available for the Italian telecommunications firm.
JPMorgan to settle “whale” probes with USD900 million payment
JP Morgan Chase & Co. had been poised to pay approximately USD900 million to settle claims from both US and UK regulators.
Latest News
Apple had just released the iOS7 ready iTunes 11.1 which brought iTunes Radio to its desktop music software according to a techcrunch.com report.
Apple Inc. announced that the new set of iPhones would be released in the country on the same day as Europe, US and Japan.
East West Bancorp and MetroCorp Bancshares Inc. announced today the signing of a definitive agreement for the merger of MetroCorp into East West.
According to sources, NewStar Financial Inc. had been looking on a possible sale and hired Credit Suisse Group to solicit offers.
Today, Walker Digital and GlobalOptions Group announced that the two firms had completed its previously agreed merger which formed the new entity called Patent Properties Inc.
The case against SAC Capital and Michael Steinberg was bolstered with the testimony of former analyst Ron Dennis as an uncharged co-conspirator.
The Hutchins Family Foundation is donating USD15 million for the establishment of the Hutchins Center for African and African American Research.
According to ThyssenKrupp CFP Guido Kerkhoff, there are still plans to sell off its Americas units, under certain conditions.
On Wednesday, Hilton Worldwide said it would start marketing a high yield bond valued USD3.25 billion on Thursday as a part of the company's refinancing ahead of its IPO.
