Sectors

Oil India Ltd., and Oil & Natural Gas Corp., will acquire Mozambique's Videocon Industries Ltd., to increase their overseas production and oil reserves.

McDonald's gained better than expected figures with aggressive advertising focused on its breakfast and Dollar menu.

Agilitas, a Pan-European private equity firm, opts to buyout ISS Damage Control management. Agilitas, a Pan-European private equity firm decide to buyout the management of ISS Damage Control from ISS Group.

Veolia Environment struck a deal to acquire Spanish Proactive Medio Ambiente. Veolia Environment SA acquired Spanish waste-management company Proactiva Medio Ambiente after Barcelona-based Fomento de Construcciones & Contratas SA agreed to sell its stake to the French waste utility.

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UK-based private equity house WestBridge Capital appoints Pascal Wittlet as senior investment manager and relocates new offices in London to accommodate growing team.

Softbank's SB Energy and Mitsui & Co. partner with Green Power Investment Corp. to create a wind farm in Western Japan.

AirAsia Bhd.'s and ANA Holdings Inc.'s tieup may soon dissolve. (Photo : Reuters)AirAsia is completing its deal to buy up to 100 jets from Airbus.

Cinven and Finmeccanica draws offers for Avio Spazio from French German consortium EADS and French goups Safran and Thales along with two other unidentified US and Germany operators.

Eighties software giant Manman's founder managed to raise $33 million for her new company, Kenandy.

As the London housing prices increases to a capital average of more than GBP500000, more households are rising to become renters.

Policy Exchange, an influential think tank, says that the British government should hand over a majority of its shares in Royal Bank of Scotland and Lloyds Banking Group to the public.

Elan rejects the newest bid from Royalty and seeks to look at other unsolicited interested parties.

AstraZeneca purchases Pearl Therapeutics for US$1.15 billion, making it the second firm in Britain to rebuild products through deal making.

JPMorgan Asset Management Inc. said that Africa is experiencing a strong growth over its sovereign wealth funds worldwide.