Kovai Pazhamudir Nilayam revealed it is in advanced discussions with private equity firms to raise INR100 crore.
Consumer Electronics
Disney expects up to US$190 million loss from 'The Lone Ranger'
Walt Disney Co said it expects to record a loss of up to US$190 million for its summer movie, 'The Lone Ranger.
Chris Brown down to last album 'X', but may still bring sizable profits to Sony
If Chris Brown is to be believed in his latest tweets, he has announced his retirement as a global music artist with 'X' as his last album, which is due for release by the end of this month.
Wal-Mart considers bid for Li Ka-shing's supermarket biz: sources
Sources told Reuters that Wal-Mart Stores Inc is thinking of bidding ParknShop, the supermarket business owned by Li Ka-shing.
IFC to invest more in Nigeria
International Finance Corporation revealed it would be increasing its investments in Nigeria by 25% to US$2 billion by 2014.
Latest News
Adler Kawa Real Estate Advisors stated they had acquired the Carmel Executive Park, a 225,000 square foot real estate property, for an undisclosed amount.
Blackstone Group stated it would be selling the La Quinta hotel chain through either a public shares offering or a private sale of the company.
Versa Capital Management stated it had acquired Hatteras/CABO from the Brunswick Corporation for an undisclosed amount.
Kelt Exploration revealed that it had signed flow-through share equity and common share financing agreements with underwriters worth US$99.6 million.
With the purchase of Colomer by Revlon, the growth of the beauty products industry would continue to grow.
The purchase of the Washington Post by Jeff Bezos surprised many in the industry. In a surprise move, the Washington Post Co had entered into an agreement last Monday to sell its flagship newspaper to Jeffrey Bezos of Amazon.
Warm weather and sporting victories boosted sales of retailers in the UK this July. Warm weather and sporting victories boosted sales of retailers in the UK.
Heliae gathered up to US$28.4 million from new and current investors for its expansion plans. A spinoff company from the Arizona State University, Heliae, revealed it had raised US$28.
The board of directors of Sony Corp said no to the proposal of Daniel Loeb to partially sell its entertainment business.
