DIRTT Environmental Solutions aims to raise USD 45 million in IPO

DIRTT filed for a USD 45 million initial public offering in Canada. Doing It Right This Time or DIRTT Environmental Solutions said it had filed for an IPO in Canada to raise gross proceeds of USD 45 million.


Underwriters buy more ING US shares worth USD 146 million

Banks bought more shares of ING Groep's US unit. Netherlands-based ING Groep said the underwriters for the share sale of its US insurance business would be buying additional shares.

FIRREA law's coverage exempts no one

The investigation into improprieties related to mortgage backed securities hinges its legality in a 1989 law.

On Center Software receives funds for growth and expansion

Investments have been made for the further development of On Center Software. The foremost name in construction automation, On Center Software, announced that Accel-KKR had placed an investment in the company for its future expansion plans.


Latest News

A total of USD7 million was raised in a recent investment round for Berlin-based startup The Football App.
Google Inc would pouring in an investment of an undisclosed amount in its data center in Hamina, Finland.
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.
Billionaire investor Carl Icahn's letter to Apple Chief Executive Tim Cook published on Thursday indicated that Icahn would be witholding his shares from his proposed stock buyback program.
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.
The family business that owned the Dr. Marten brand would be acquired by private equity firm Permira for GBP300 million.
Highfive, a startup that had been developing a product for enterprise communications, were founded by Shan Sinha and Jeremy Roy of collaborative document solution DocVerse.
Mitra Biotech raises INR40 crore for cancer care. Tata Capital's Tata Capital Innovations Fund together with existing investors India Innovation Fund and Accel Partners, would invest INR40 crore in Mitra Biotech, a cancer care provider based out of Bangalore.
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.
Bharti Airtel and Airtel Broadband had announced the approval of the merger plan between the two Indian telecommunications firms.
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