Ajay Piramal Group to invest INR1,000 crore in India's healthcare industry

Ajay Piramal Group announced that India Venture Advisors is launching a INR1,000 crore fund that targets early-stage healthcare companies.


Sifca Group to invest US$420 million in West Africa

Sifca Group announced that it is pushing forward a plan that will see US$420 million invested into West Africa.

Extended Stay Hotels to go public later this year

Sources stated that Extended Stay Hotels is preparing for an IPO later this year. Sources stated that Extended Stay Hotels is preparing to sell stakes in the company to the public.

CORRECTED: Alcresta raises US$10 million to help cancer patients

Alcresta announced that it had raised US$10 million to accelerate production and commercialization of its drug that helps cancer patients.


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Bruno Wu and Thomas Middelhoff stated that they have combined assets with revenues of around US$2 billion to create a media and alternative investment firm.
Dunedin successfully raised GBP50 million more from their original target of GBP250 million for its latest buyout fund.
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Swiss National Bank keeps its franc ceiling of 1.20. The Swiss National Bank (SNB) will maintain the franc ceiling of 1. 20 against the euro. The SNB imposed the ceiling on the franc in September of 2011 which allowed it to stockpile foreign-currency reserves that is equivalent to 75% of Switzerland's annual economic output.
Bank of Canada will keep its targets of keeping rates low. The Bank Canada will stick to its targets in terms of keeping rates low despite talks of economic weakness during the G20 meetings in Moscow, Governor Stephen Poloz told reporters on Saturday.
Hong Kong's richest man Li Ka-shing is reportedly considering putting up for sale the ParknShop chain for US $2 billion.
German opposition leader slammed Chancellor Merkel for not telling taxpayers that they will not be "excluded in any way" if the writeoffs continue.
According to speculations by Apple followers, the company's recent hiring of medical and fitness experts could mean that the iWatch is underway.
VF Corp. drops its bid to acquire Billabong, Australia's most popular surfing brand, saying that the asking price was too much.