Red Fort Capital to launch new fund

Sources said Red Fort Capital is to launch a real estate fund worth between US$500 million and US$750 million.


Obama's reprieve can aid Apple's sales, hurt Samsung

Analysts said that US President Barack Obama's ruling could aid the sales of Apple and could be Samsung's setback.

Google's Moto X is crucial but not enough - analysts

Analysts said that Google's Moto X would not be enough to aid it in establishing a stronger presence in the growing smartphone market.

Quick Heal to go public

Quick Heal revealed its plans to go public next year. Quick Heal Technologies, a security software developer, announced it intends to launch an initial public share offering in India.


Latest News

Unitech stated that it is mulling deals from at least two international private equity firms for its 3.6 million square feet special economic zone property in Gurgaon.
Rural/Metro Corp. filed for Chapter 11 bankruptcy protection at the U.S. Bankruptcy Court in Wilmington, Delaware on Sunday.
A group of investors led by Alan Hughes stated that they are prepared to purchase 315 bank branches for GBP1 billion from the Royal Bank of Scotland.
HealthCare Global and DM Healthcare revealed that they have offered separate bids for the Actis owned Sterling Hospitals.
Marubeni stated that their latest deal into the renewable energy industry was to acquire a 25% stake in Mainstream.
Venice Beach experienced tragedy with the death of a woman when a man plowed his car into the busy boardwalk.
Twitter users boycotted the lack of action by the social media platform against violent tweets. Twitter has become a dangerous place, especially for high profile individuals.
The sale of 92% of Bulgarian pension fund Doverie is now being flagged for the lack of documentation and information.
John Henry, owner of the Boston Red Sox, has purchased another Boston icon, the Boston Globe. The principal owner of the fabled Boston Red Sox, business tycoon John Henry, had entered into an agreement to purchase The Boston Globe for the price tag of US$70 million.
Berkshire Hathaway announced its reported earnings and its company portfolio growth. The second quarter profit for Berkshire Hathaway Inc increased by 46%.
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