Global slowdown concerns investors in Asia
Asian stocks slumped Monday on concerns that a global economic slowdown would cut into corporate profits and on declines on Wall Street ahead of the weekend.
Currency futures launched at National Stock Exchange
Finance Minister P. Chidambaram Friday kicked off currency futures at the National Stock Exchange (NSE) here in a move that is particularly expected to help small and mid...
Motilal Oswal gets nod to start mutual fund
Motilal Oswal Friday said it has received an in-principle approval from market regulator Securities and Exchange Board (SEBI) to set up a mutual fund business.
Kuwait investment firm launches new India-specific fund
Kuwait-based investment company Global Investment House (GIH) has launched a new hedge fund aimed solely at the Indian market.
Bharat Petroleum to buy stake in Mozambique oil asset
State-run Bharat Petroleum Corp is acquiring a 10 percent stake in an offshore hydrocarbons exploration and production asset in Mozambique for $75 million, it was announc...
Proteostasis Therapeutics secures $45 Mn in series A funding
Proteostasis Therapeutics has secured $45 million in series A financing to develop Proteostasis Regulator drugs as novel therapies to treat multiple genetic and degenerat...
MoFuse Mobile Network secures funding
MoFuse, which gives bloggers and other content publishers the ability to publish their content to the mobile web, announced that it secured its first round of seed capita...
SpePharm gets $52 Mn funding
Paul Capital Healthcare and SpePharm Holding, B.V. have entered into a 10 million pounds revenue interest acquisition financing agreement to fund SpePharm's acquisition o...
Innography raised $6.5 Mn in series A funding
Innography, an Austin firm that helps companies manage their patents, has raised $6.5 million in series A funding.
ArcelorMittal sets up JV with Chinese steel group
ArcelorMittal, the world's biggest steelmaker, Wednesday said it has signed a joint venture agreement with Hunan Valin Steel Group of China to produce and sell electrical...