Mumbai-based Kingfisher Airlines sued International Aero Engines for engine defects. Mumbai-based Kingfisher Airlines Ltd filed a lawsuit against International Aero Engines (IAE) for defects in the planes' engines.
Sectors
Large international banks increase capital by USD 500 billion from 2009- Carney
Mark Carney, Chairman of the Financial Stability Board, said banks had infused fresh capital amount to half a trillion dollars since 2009.
Malone not seeking bids for Liberty Global
John Malone, the US cable magnate who owns Liberty Global Plc said the company would consider proposals but is content with how the company is at present.
Indonesia's Alliance of Venture Capitals may have just been a casual group - report
Technology and startup blog e27 backtracked on its earlier report that the formation of Alliance for Venture Capitals (AVCII) in Indonesia last week was merely a casual lunch date to discuss topics and future policies for the internet startup community.
Findim willing to support stock sale if Telecom Italia has growth plan set
Findim Group said it would be willing to support the sale of Telecom Italia's shares for as long as a plan to return value to its shareholders was put in place.
Latest News
Malaysian media outlet PopDigital acquired lifestyle platform Tongue in Chic Malaysia-based PopDigital Sdn Bhd said in an announcement that it has acquired lifestyle platform Tongue in Chic.
Global Ports Investments announced that it had agreed to acquire the National Container Company for USD 652 million.
A deal between China COSCO Holdings and Piraeus would pave the way for privatization of the largest port in Greece.
Imperial Tobacco announced that it would buy the e-cigarette unit of Dragonite International Ltd in a deal worth USD 75 million.
Japanese E-commerce giant Rakuten acquired video streaming site Viki for a reported USD200 million. According to a Techcrunch report, e-commerce site giant Rakuten acquired global video site Viki and would sign a reported USD200 million buyout agreement tomorrow.
The European Commission approved the restructuring plan of BCP, Portugal's largest listed bank.
The Syrian government cancelled its tender to buy white 276,000 tonnes of white sugar two times after receiving only one offer from international traders.
Immofinanz Group said it had completed its sale of the Hilton Vienna Danube for EUR 48 million. The Immofinanz Group announced that it had sold the Hilton Vienna Danube to a subsidiary firm of Internos Real Investors.
The Japanese government said it would use public funds to deal with the radioactive water emanating from the Fukushima nuclear plant as Tepco appeared overwhelmed by the problem.
