Coal India's CEO S. Narsing Rao would try to convince brokerage firms to invest in the state run mining firm from India.
Growth Equity
Easy Taxi app receives USD7 million from Rocket Internet-iMENA consortium
A Rocket Internet and iMENA Holding consortium would be marketing mobile app Easy Taxi to North Africa and the Middle East.
Corning and Samsung agree on buyback for joint venture
A share buyback worth USD1.9 billion was agreed upon between Corning and Samsung for the joint venture Samsung Corning Precision Materials Co.
Teads gets USD 5.2 million in Series A funding round
Teads closed its Series A investment round with USD 5.2 million from Partech Venture and Elaia Partners.
Sideris Pharmaceuticals receives USD 32 million in Series A funding round, strikes deal with Novartis
Sideris Pharmaceuticals Inc received USD 32 million in capital commitments in its Series A funding round.
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With more data being created every second, the Cray supercomputer becomes more relevant for the industry.
Samsung is first in the smart watch race but Apple may win it all. Samsung had beaten Apple in the smart watch race. The main issue now is that the Galaxy Gear have been tepid at best.
Chipotle Mexican Restaurant had attributed its growth in the S&P500 to internal improvements undertaken.
According to Previ CIO, the goal of the investments is not diversification and not returns. The largest pension fund in Latin America, Banco do Brasil SA, would be investing in US and European stocks.
CBOE Holdings Inc, the largest US options exchange owner, announced on its website the schedule for trading using the VIX.
Dutch insurers such as ING Groep NV and Delta Lloyd NV would have new abilities. Life insurance companies from the Netherlands, such as ING Groep NV and Delta Lloyd NV have faced tests of their financial abilities.
Prime Ventures invests in mobile games platform AppLift. An additional investment of USD7 million from Prime Ventures was received by mobile games marketing platform AppLift.
Series A funding round for FIELDS raised USD5 million led by ClearVue Partners. The premier online grocery store in Shanghai, FIELDS, with its strong focus on safety, freshness and quality, announced a USD5 million Series A investment round.
Blackstone Group's Vivint Inc raised USD 540 million to build home power systems. Provo, Utah-based Vivint Inc received USD 540 million to construct home power systems.
