Luminous Water Technologies Pvt. acquires US$9.3 million worth of funding from CLSA Capital Partners.
Sectors
Catbird secures another US $10 mln funding from Medina
IT company Catbird gets additional US $10 million investment from Medina Capital. Catbird, an IT company that develops security solutions software for cloud data centers, said it closed another US $10 million in investment from Medina Capital.
Tyco Buys CID's Exacq Technologies for undisclosed amount
Tyco International Inc. has acquired Exacq Technologies Inc., a portfolio firm of CID Capital Venture Partners.
Freeport Indonesia says 5% stake to be offered to public
Freeport Indonesia has said that it will be offering the public a 5% stake in the mining company. The Indonesian subsidiary of Freeport McMoRan Copper & Gold Inc.
Scottish Equity Partners devotes GBP 70 mln for clean energy businesses
The UK venture capital company is investing GBP 70 million to fund British companies with thrust in clean energy.
Latest News
Qinhuangdao Port Co. said that they are planning to raise US$800 million through an initial public offering.
China's sovereign wealth fund, CIC, is reported to be in talks with Alibaba Group. The People's Daily, China's official newspaper, reported that China Investment Corp.
Development Bank of Kazakhstan announced plans to raise US$1 billion by selling off bad loans. The Development Bank of Kazakhstan JSC announced that they plan to sell KZT151 billion or US$1 billion worth of bad loans to the Investment Fund of Kazakhstan.
Carmike Cinemas, Inc. released the details of the pricing for their previously announced initial public offering.
Investigations were now being held to understand the cause of Spain train crash that killed 78 people.
Mark Price, the Managing Director of Waitrose, has been appointed as Deputy Chairman of John Lewis Partnership.
British television network ITV has bought Big Talk Productions for an estimated GBP 12.5 million. In a deal estimated to be worth GBP 12. 5 million, British TV network ITV PLC has bought Big Talk Productions and its associated companies.
Analysts suggested that BlackBerry would be able to attain its former glory if it would go back to the enterprise market.
BlackBerry laid off 250 employees after firing 5,000 people last year due to weak earnings. BlackBerry, a currently troubled smartphone producer, fired 250 employees from its product-testing facility in Waterloo, Ontario.
