CORRECTED: Mauritius Commercial Bank to raise US$161 million

Mauritius Commercial Bank is aiming to raise 5 billion rupees. (Photo : Reuters)A building of Mauritius Commercial Bank. The Mauritius Commercial Bank is aiming to raise more than 5 billion rupees that would allow it to go ahead with a restricting plan.


Apax Partners raises US$7.5B for its latest fund

Apax Partners raises funds for its latest fund Apax VII. (Photo : REUTERS)To match Insight APAX/ In a statement Friday, Apax Partners said it had raised nearly US$7.

adeven closes US$4.3 million in Series B funding

adeven closes US$4.3 million in funding for the development of the services it offers to the public.

Arsenal Capital Acquires ADCO Global

Arsenal Capital acquired ADCO Global but financial terms were not divulged. Arsenal Capital Partners have signed an agreement for the acquisition of ADCO Global Inc, the world's top manufacturer of specialty adhesives, tapes and sealants.


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Intuit has purchased Elastic Intelligence to utilize Connection Cloud Technologies. (Photo : Reuters)The image is the corporate logo of Intuit. Intuit, the business company that focuses on small and medium scale enterprises, has acquires Elastic Intelligence.
SiteScout purchases assets of the closed Adbrite for its system integration and improvement. (Photo : Reuters)The image is the corporate logo of the closed down AdBrite.
Mediobanca planned to sell almost all of its large stakes in companies after being held under pressure to improve shareholders returns.
John Mattera, former hedge fund manager of Praetorian Global Fund Ltd. was sentenced 11 years of imprisonment after pleading guilty to Facebook and Groupon scam.
Cochin Shipyard considered IPO to fund its expansion that is valued roughly at RS1500 crore. (Photo : Reuters)The image shows a ship dry docking at a port.
Bell Hospital's directors announced today that it has signed an agreement to be acquired by LifePoint Hospitals.
On Friday, UBS AG surrendered its banking license in India after battling several allegations of money laundering.
On Friday, Al Noor floated in the London Stock Exchange and made its debut at GBP5.75 per share piece.
Spreadtrum, a Chinese cellphone chip designer said it received a buyout proposal from Tsinghua Holdings priced at US$1.38 billion.