Corporations

Google to increase its investment in Hamina data center - sources

Google Inc would pouring in an investment of an undisclosed amount in its data center in Hamina, Finland.


Tata-SIA obtains government approvals

The Foreign Investment Promotion Board provides approval Tata-SIA venture. The Indian government approved the proposal from Singapore Airlines to commence an aviation venture with Tata Sons through an initial foreign direct investment of USD49 million.

SFX acquires three startups to boost growth in core business

SFX Entertainment, a live events and music content producer, purchased Readability app maker90, music commerce platform Tunezy and marketing agency Fame House for an undisclosed amount.

A recent report showed a drop in total funding in the Indian wind sector

Mercom Capital Group reported a wind sector investment for India totalling USD5.6 billion. The third quarter wind venture capital funding fell to USD135 million from USD210 million in the previous quarter of 2013.


Latest News

Apple has released the free download of its OS X 10.9 Mavericks. Apple has released Mavericks. The latest OS X operating system for Mac computers could now be downloaded without cost from the Mac App Store.
Market Track acquired Competitrack from founder Bob Moss for an undisclosed sum. Retail promotion and e-commerce pricing intelligence solutions firm Market Track purchased Competitrack.
As the UK and the US institute crowdfunding regulations, India is also drafting its own set of rules.
State-owned lender Caixa Geral de Depositos would be selling a 6.11% stake in telecommunications firm Portugal Telecom.
Lambert Private Equity would be purchasing up to USD 200 million of the common stock of Accelera Innovations.
News about Ophir's asset sale in Tanzania caused the oil and gas explorer's shares to rise.
The creation of the USD30 million seed-stage fund was to support entrepreneurs outside South Korea in their startups.
The name of Apple's recently unveiled iPad Air gave rise to the speculation that the company might be cooking up an iPad Pro.
US-based Web lender Endurance Lending Network had consolidated with UK-based lender Funding Circle. Funding Circle, of which its platform allows peer-to-peer lending, had announced itds consolidation with Endurance Lending Network of San Francisco.
Wal-Mart said in its press conference that it would be focusing more on its e-commerce business to curtail effects of China's slowing retail market.
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