US-based College Retirement Equities Fund acquired 64.64 lahk shared in Dish TV India priced at Rs49.25 per share piece.

SAC probe led the arrest of Sandeep Aggarwal yesterday, after having been charged to illegally provide tips to former hedge fund manager, Richard Lee.

Bessemer Venture Partners helps Qwilt expand delivery globally with US$16 million in funding. Online video platform provider Qwilt gained US$16 million in a series C financing round led by venture capital firm Bessemer Venture Partners.

Europe's largest bank is forced to cut costs after profits drop nearly 50%. Europe's Deutsche Bank AG announced its plans to cut assets by EUR 250 billion (US$332 billion) earlier today, following the dramatic decline in its profits.

EGoM is set to decide pricing on the proposed sale of 3.56% stake in Neyveli Lignite Corporation on Wednesday.

EU gave PSA Peugeot through a state-funded financial aid valued at Eur7 billion to keep the company afloat.

Virginia-based media organization Local Voice rceives US$3 million in funding from Blue Heron Capital.

Industrial company Flare Industries promotes Mark Zykskowski as its new Senior Vice President for Global Sales and Marketing.

Schneider Electric is gearing up for the conclusion of its Invensys acquisition. France-based Schneider Electric is nearing the conclusion of its proposed agreement to purchase British engineering company Invensys for GBP 3.

Bottlenose raised US $3.6 million in seed capital, which it intends to use for product development as well as hiring of more employees and marketing.