Marketing intelligence company Mintigo raised USD10 million in its recent funding to further growth in social data marketing and company sales.
Sectors
HSBC Holdings closes InvestDirect Securities unit in India
HSBC Holdings would be winding down the operations of its InvestDirect Securities unit in India. HSBC Holdings would be exiting its India-based retail broking and retail depository services unit in India.
NXT Capital gives subordinated venture loan to MyBuys
NXT Capital invested in MyBuys through a USD 4.5 million subordinated venture loan. The Venture Finance Group of NXT Capital gave a USD subordinated venture loan to support MyBuys.
TextPower Inc closes oversubscribed Series A round with USD 525,000
TextPower raised capital commitments amounting to USD 525,000 in its Series A round. TextPower Inc completed its Series A financing round with USD 525,000 in investments.
Blackstone-led buyout group takes Pactera Technology private
A Blackstone Group-led consortium would privatize Pactera Technology. A buyout group led by private equity firm Blackstone Group would be taking China-based Pactera Technology International Ltd private.
Latest News
Beijing Enterprises Water raised USD 145 million from selling shares to its controlling shareholder Beijing Enterprises Environmental Construction.
Yury Kovalchuk's Bank Rossiya and his partners purchased a 50% stake in the Russian unit of Tele2.
One Group LLC, owner of the STK steakhouse chain, would be merging with Committed Capital Acquisition Corp, said a Wall Street Journal report.
Roche Chief Executive Officer Severin Schwan said the founding families of Roche Holding would prefer to remain independent.
Police arrested a baggage handler for the Sunday ice explosions at the Los Angeles Airport. The Los Angeles Police Department (LAPD) arrested an airport employee today for causing the dry ice explosions at the Los Angeles Airport (LAX) on Sunday.
Italian confectionery firm Ferrero said through its spokesman that reports about the company receiving acquisition offers were complete fabrications.
A study found that Oreo cookies were as addictive as cocaine. A recent study conducted by a team at Connecticut College in New London found that Oreo cookies were as addictive as cocaine, the LA Times reported.
Harley-Davidson recalled some motorcycle units because of problems with its hydraulic clutch system.
Last Wednesday, Tata Docomo unveiled to the public a SAAS based business and office based productivity solution.
