Investors
Hinduja to Form Partnerships with Sovereign Wealth Funds
Hinduja aims to form partnerships with UAE's sovereign wealth funds for projects in both India and the UAE.
Reliance Brands Partners with Reiss
Street fashion business Reliance Brands has entered into agreement with UK fashion brand Reiss for stores in India.
L&T To Buy Out Komatsu
L&T Komatsu will cease to be as L&T would buy out Komatsu's shares in the joint venture. Larsen and Toubro Ltd will buy out Komatsu Ltd's 50% share in their joint venture.
Barington Urges Focus for Jones Group
The hedge fund Barington urges cutting of costs and expansion of board of directors for the Jones Group.
Latest News
Lucky Brand and Juicy Couture of Fifth and Pacific Cos now offered for sale. Lucky Brand and Juicy Couture Brands of Fifth and Pacific Cos. have received offers from potential bidders.
Citigroup's units now being sought for acquisition by three different banks. The three largest private sector banks in Brazil have made offers to purchase Citigroup's credit card and consumer financing unit in Brazil.
Sharp is selling off its 9.2% shareholdings in Pioneer Corp. Sharp Corporation of Japan has announced it is selling off its 9. 2% shareholdings in car electronics manufacturer Pioneer Corp.
ChannelAdvisor has filed documents with the SEC to offer its shares in an IPO. ChannelAdvisor's main business is helping companies sell goods and services on the Internet has recently applied for listing through an initial public offer.
Public pension fund Birmingham Retirement & Relief System has sued SAC Capital Advisors LP over allegations of insider trading.
Praxair purchases CO2 assets of Tri-State Carbonic LLC. Praxair Inc, the industrial gas producer and supplier had announced earlier that it had acquired the carbon dioxide interests of Tri-State Carbonic LLC.
Salini wins approval of the increase of its shareholdings in Impregilo. Salini, the family owned construction firm from Italy, has increased its shareholdings in its chief competitor Impregilo.
Reliance Steel acquires Metals USA to merge with RSAC Acquisition Corp, a subsidiary of Reliance Steel.
Harvard Management Company's director for private equity and venture capital, Peter Dolan, has resigned from his post on April 10.
The long awaited acquisition by Ecolab of Champion Technologies has been cleared of anti-trust issues by the Justice Department.