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...
PE novices flounder as fund-raising gets tougher
The first-time private equity funds now have opportunities to invest in potential blue-chip companies because of the erosion of value in equities since the past year.
MobileAware announces additional funding
MobileAware, a provider of Mobile Customer and Employee Self Service solutions, announced an undisclosed additional round of funding led by existing investors.
HummingBird raises $4 Mn fund
HummingBird, a service apartment operator, has landed on a funding of dollar four million from Helion, a venture group. The capital will be put to use for its expansion a...
Indian retail industry consumer unfriendly
A recent survey by the apparel design and merchandising department of National Institute of Design (NID) shows that Indian retail stores are not considered as consumer fr...
BSNL's Union opposes IPO, rejects Esop offer
The telecom service provider, Bharat Sanchar Nigam (BSNL) is set for the largest IPO in India of $10 billion.
First Wind Holdings files $450 Mn IPO
First Wind Holdings, a leading North Indian wind energy company reportedly filed an initial public offering for $450 million
Reliance Globalcom ties up with Internap
Reliance Globalcom, part of Reliance Communications has entered into a strategic alliance with Internap Network Services Corp, a U.S.-based provider of end-to-end interne...
Cabinet clears $275 Mn Volvo investment in JV with Eicher
The Cabinet Committee on Economic Affairs Thursday approved a foreign direct investment of $275 million by Swedish auto major AB Volvo in a joint venture with Indian auto...