Jet Airways shares surges upon likely approval of Etihad deal

Shares for Jet Airways increased dramatically after speculation of FIPB approval of Jet-Etihad deal surfaced.


Omnicom and Publicis set for joint venture

Publicis Groupe SA and Omnicom Group are paving the way for the advertising industry's biggest joint venture.

Russian tycoon Nesis sells Uralkali shares to finance railway projects

Russian tycoon Alexander Nesis has sold around US$1 billion worth of shares in Uralkali to fund new projects.

Vivendi revamp starts with Activision sale

The French conglomerate’s efforts to revamp its diversified portfolio begins with the sale of its stake in Activision Blizzard worth US $8.2 billion.


Latest News

LearnVest gets US $16 million in its latest financing round led by Accel Partners. Online financial management firm, LearnVest. com, revealed on Friday that it closed US $16.
Handy Hardware gets help from Littlejohn & Co. as the private equity firm takes the reins of the company's acquisition and refinancing.
New Anglo American boss, Mark Cutifani, outlines an aggressive cost-cutting plan to reverse the mining company's poor performance.
Private equity firm Cinven seeks the help of banks to refinance buyout of Host Europe Group. Cinven has started approaching banks for debt proposals to help in refinancing the firm's GBP 438 million (US$671 million) buyout of Host Europe Goup, an internet domain and hosting company.
Social games provider Zynga Inc loses investors and revenue after announcing abandonment of real-money gambling plans.
Oracle signed a nine-year deal with Salesforce to boost its efforts on cloud computing and hardware enterprise.
Intelligent Mechatronic Systems received CAD 4 million investment from BEST Funds. BEST Funds, a venture capital firm based in Toronto, invested CAD 4 million in Intelligent Mechatronic Systems Inc.
Apple and Los Angeles Unified School District would join forces through a US$30 million-worth deal. Next year, the Los Angeles Unified School District would put 640,000 iPads into the students' hands.
China Investment Corp. posted a 10.6% return on its overseas investments last year. China Investment Corp. , the country's sovereign wealth fund, posted a 10.
Adobe's recent acquisition, Neolane, would help the company attain US$1.19 billion earnings from digital marketing cloud.