VENTURE CAPITAL POST

Competition Commission of India (CCI), the fair trade regulator, said in a published order that it has given its approval for the planned merger of steel companies Shree Uttam Steel and Power and Uttam Galva Steels.

Business news site ValueWalk pointed out in its report that several top players on HSBC Holdings plc's list of best performing hedge funds for 2013 were found to have made value equity plays.

Indices of S&P Dow Jones indicated that exchange-traded funds might surpass hedge funds in terms of being attractive investments. Analysts earlier argued that the attractiveness of the securities were due to ETFs' cheap prices.

Data released by research firm and data provider Eurekahedge revealed that hedge funds worldwide posted record gains not seen since 2007, said a Business Insider report.

The Rady Venture Fund, a part of pioneering model business school The Rady School of Management, was said to have helped over 60 small businesses in starting up in the San Diego area and launched over a hundred products while providing a hands-on experience for the management school's business students.

Despite the relatively low price Fiat managed to score in its buyout of Chrysler Group LLC, analysts said the ballooning debt of Fiat should be something to worry about.

Tobii and SteelSeries have perfected an eye-tracking control system perfect primarily for game interaction, for example, will be showcased in a Las Vegas trade show next week, said a VentureBeat report.

A report on new digital news site Re/Code quoted sources, who said the current massive fundraising of home gadget startup Nest could put its valuation to over $2 billion.

A statement from the office of the British Prime Minister David Cameron revealed that 6,000 mortgage applications, with over 80% of them as first-time buyers, applied for home loans under the government's Help-to-Buy program.

Arabian Business said in its report that businesses of the state of Saudi Arabia, including Prince Sultan Aviation Academy and Saudia Private Airline, will be privatized soon.

According to a report by The New York Times, mergers are picking up activity as financial markets worldwide, including the US, are becoming stronger and more stable.

After leaving digital news publication AllThingsD with owner News Corp, editors and founders Kara Swisher and Walt Mossberg are focused on building its newest online news site venture called Re/code.

Pallonji Shapoorji Mistry was said to have earned $2.8 billion last year because of its holdings in Tata Consultancy Services Ltd and significant earnings in his construction group, Shapoorji Pallonji Group.

Plans to improve oil production facilities in Indonesia are underway to meet rising local consumption of oil and in effect, increasing drilling-related expenses reimbursed by the national government

Despite recording huge losses in 2013, gold and silver investments are seen increasing, and analysts attributed these to the improving major economies, including the US.