The UK government has set aside GBP250 million to construct cancer therapy centers in the country which are already available in other European countries and the United States.

Managing director of Cholamandalam Investment confirmed that his company was looking to raise up to INR300 crore but that no exact date for the launch had been identified.

BRE Properties said that the company's board of directors received a letter of interest from Lands and Buildings early this morning, after the latter informally expressed interest for the company last June.

Enhanced Equity Funds revealed that it had hired Bryan Gibson to lead FirstMed EMS. Enhanced Equity Funds announced today that it had signed into a relationship with Bryan Gibson.

Alexion Pharmaceuticals hired Goldman Sachs to negotiate prices for a potential takeover deal from Roche Holding AG.

Yesterday, Siemens AG announced naming a new CEO for the company after ousting its former head, Peter Loescher.

Fab announced that they have received US$10 million from SingTel Innov8. Jason Goldberg, chief executive officer of Fab, announced that his company had raised US$10 million in venture capital funding.

KKR stated that it had entered an Eagle Ford Shale drilling partnership with EXCO Resources. Kohlberg Kravis Roberts, or better known as KKR, announced today that it had signed with EXCO Resources an Eagle Ford shale drilling partnership.

Sony Corp said that they are set to billionaire Danny Loeb's proposal to sell part of the company's unit through an initial public offering.

Rock Hill Capital announced that it had raised US$87.7 million for its second fund. Rock Hill Capital Group, LLC announced the conclusion of its latest fund, Rock Hill Capital II, LP.