A meeting of local and state financial authorities relate the possible misuse of Urban Cooperative Banks by unscrupulous money launderers.
Regions
WebMD purchases Avado to shift company focus to Patient Engagement
WebMD's acquisition of tech startup Avado would help the healthcare resource website regain its position back as a market leader.
US Federal Reserve keen to resume massive asset-buying program after government shutdown
Majority of the economists deduced that the size of the US Federal Reserve's bond-buying program would not be tapered.
BaFin announces top to bottom review of RHJI acquisition of Deutsche Bank's BHF Bank.
BaFin had said they would review the whole transaction of RHJI purchase of BHF Bank. BaFin, the German financial watchdog, had announced last Wednesday it would be needing to start from scratch in the review of the sale of Deutsche Bank AG's unit BHF Bank after BlackRock had exited from the auction.
DoT seeks opinion on legality of fine imposition on Uninor
To provide credence to their power to fine, the Telecommunications Department had a legal opinion drafted on the matter.
Latest News
Clariant and Wendel's Stahl reached an agreement with former to receive millions and shares. Clariant AG, Swiss maker of specialty chemicals, had agreed to sell a leather-treatment unit to French investment company Wendel SA's Stahl, according to a report by Bloomberg.
Apple would be adding public transit directions in its Maps software soon. A job listing for a developer accidentally leaked Apple Inc's plans for its mapping software by mistake.
Asurion's acquisition of Israel-based startup Soluto would reportedly help the former improve its software-centered services.
Intel Corp was reportedly nearing an agreement to exit from its television service business with Verizon Communications Inc.
Intesa Sanpaolo chief executive officer Carlo Messina wanted Italian carrier Alitalia to have Air France-KLM as its industrial partner.
Blue Solutions rose as high as USD18.64 per share in the first day of its initial public offering. Blue Solutions saw its shares jump 30% from issue price in the first day of its initial public offering.
PricewaterhouseCoopers (PwC) would be acquiring Booz & Co for an undisclosed amount. A Reuters report said UK accounting firm PricewaterhouseCoopers (PwC) entered into an agreement to purchase a corporate consulting firm.
Paracetamol is an active ingredient in many drug formulations which now is subject to a USD787 per tonne anti-dumping duty.
Beijing-based wind farm operator China Longyuan Power Group Corp won a bid to jointly develop wind farms with local companies in South Africa.
