India's richest man Mukesh Ambani lost a total of 24% of his wealth after the valuation of the rupee decreased.
Regions
Ichiro's 4000th hit lone bright spot in bleak season
Ichiro Suzuki hits record 4000 base hits, a bright spot amidst controversy and suspensions. Last Wednesday, Ichiro Suzuki carved his name into the record books of basebal by hitting his 4,000th career hit.
Tesla's claim of safest car ever muted by NHTSA
NHTSA issues statement to counter Elon Musk of Tesla's claim that the Model S is the 'safest car ever.'
Hero keeps gunman calm, saves school
The peaceful resolution to the stand off at a Decatur, GA school was attributed to Antoinette Tuff. In the most tense moments at McNair Discovery Learning Academy in the past few hours, Antoinette Tuff acted as the messenger and go between for gun toting Michael Brandon Hill and police authorities.
Kamcord gets another USD1 million seed funding
Kamcord received USD1 million new seed funding after it had previously gotten an accumulated fund of USD1.5 million.
Latest News
An industry observer speculated that Tokyo Electric Power Company (TEPCO) nor the state of Japan has yet to be honest about the real situation about the tank leak.
Regenerative tissue engineering firm TissueTech Inc closed its latest round with USD 10 million. TissueTech Inc successfully closed its latest fundraising round.
Germany-based North Channel Bank acquired California-based NorthStar Life Services LLC that would strengthen its presence in the life settlement industry.
TagMan scored USD 5 million in a funding round led by Greycroft Partners and iNovia Capital. TagMan said it has received capital commitments worth USD 5 million from various investors.
Semiconductor maker TranSwitch Corp raised USD 2.5 million from Ilex Partners. TranSwitch Corp said it raised USD 2. 5 million in equity investment from private equity company Ilex Partners.
Medical device maker Infraredx Inc said it received a USD 25 million equity investment from Nipro Corp.
MicuRx Pharmaceuticals Inc announced the successful closing of its Series B round with USD 25 million.
Geely Automobile Holdings announced it would start to offer cars it had developed with Volvo in 2015.
Bourses saw Southeast Asian stocks dropping significant figures in trading Thursday. Resuming trading after a three-day off, Philippine stocks performed worst in two months.
