Venture Capital
Ajay Piramal Group to invest INR1,000 crore in India's healthcare industry
Ajay Piramal Group announced that India Venture Advisors is launching a INR1,000 crore fund that targets early-stage healthcare companies.
Sifca Group to invest US$420 million in West Africa
Sifca Group announced that it is pushing forward a plan that will see US$420 million invested into West Africa.
CORRECTED: Alcresta raises US$10 million to help cancer patients
Alcresta announced that it had raised US$10 million to accelerate production and commercialization of its drug that helps cancer patients.
RIL to invest a further US$5 billion in US-based shale gas business
RIL announced that it is to invest a further US$5 billion in US-based shale gas business. Reliance Industries Ltd. revealed that it is going to invest more than US$5 billion over the next three years in its US-based shale gas enterprise.
Latest News
The IFC had invested US$2 billion in Brazil amid sluggish economic growth and large demonstrations in the country.
While the regular safety net is a stop loss, now currency options provide more flexibility. When trading foreign currency without the use of a safety measure, an example of which is a stop loss mechanism, is considered as financial suicide.
Swiss National Bank keeps its franc ceiling of 1.20. The Swiss National Bank (SNB) will maintain the franc ceiling of 1. 20 against the euro. The SNB imposed the ceiling on the franc in September of 2011 which allowed it to stockpile foreign-currency reserves that is equivalent to 75% of Switzerland's annual economic output.
Bank of Canada will keep its targets of keeping rates low. The Bank Canada will stick to its targets in terms of keeping rates low despite talks of economic weakness during the G20 meetings in Moscow, Governor Stephen Poloz told reporters on Saturday.
Batista's worth went down 74% after losing more than US$30 billion. The richest man in Brazil, Eike Batista, saw his worth go down 74% this year.
Comic Con requested US$1 from its millions of fans to join in a non-studio revoluttion Comic Con requested its followers on social media, which was now in the millions, for US$1 each.
Windsail Capital announced that they have invested US$5 million in NG Advantage. Boston based, venture capital firm, WindSail Capital Group announced that they have invested US$5 million in NG Advatage.
Serinus Energy formalize its strategic relationship with Dutco Energy Serinus Energy Inc. announced that the formation of a strategic relationship with Dutco Energy Ltd.
Pyramid Group takes the reins of Sheraton Hotel following the latter company's sale amounting to US $61 million
Nigerian Minister Aganga said the government wanted to build a venture capital sector. "We want to build a new sector called Venture Capital and private equity sector to support small and growing businesses in Nigeria," said Olusegun Aganga.