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.
Investors
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.
Funding Circle closes Series C investment round at USD37 million
New and old investors joined together to provide investment funding for Funding Circle in continuing its objectives of providing loan access to UK entrepreneurs.
Form 1 3D printer maker Formlabs raises USD9 million in Series A funding
Form 1 3D printer maker Formlabs's new USD7 million investment would go towards primarily to the development of its core product and software.
Latest News
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.
A bug in the Mac App Store gave users free downloads of some software applications. A bug in the Mac App Store had turned downloaded trial copies or illegally downloaded version of various software to free and legal copies.
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.
