New Delhi: Bengaluru-based Embassy group has no immediate plans to increase its stake in Indiabulls Real Estate Ltd from the current nearly 14 per cent, the company’s CMD Jitu Virwani said. “There is no plan right now,” Virwani told PTI when asked about the company’s plan to raise stake in Indiabulls Real ... Read More »
Mumbai: Reliance Capital Ltd has sold a less than 1 per cent stake in payments and e-commerce startup One97 Communications to Alibaba Group Holding for Rs. 275 crore ($41.25 million), a source with direct knowledge of deal said on Tuesday. The deal valued One97, which owns and operates India’s ... Read More »
* Says it to invest 10 million yuan in a Beijing-based tech firm and to hold 5.3 percent stake in it after investment Source text in Chinese: goo.gl/1IeoLl Further company Coverage: (Beijing Headline News) [Source:-Reuters] Read More »
Sony Pictures Home Entertainment has taken an equity stake of an undisclosed amount in Genius Brands International. The investment was announced Wednesday along with an expansion of last year’s home entertainment distribution agreement to include the worldwide home entertainment marketing and distribution of Genius Brands’ Kid Genius and Baby Genius ... Read More »
Time Warner Inc. said Wednesday that it agreed to buy 10 percent of Hulu, the premium streaming TV service. Time Warner’s channels — including TNT, TBS, CNN, Cartoon Network and Turner Classic Movies — will be available live and on-demand on Hulu’s new live-streaming service, set to launch early next ... Read More »
Billionaire activist investor Carl Icahn said Thursday he had offered his complete stake in Apple Inc (AAPL.O), mentioning the danger of China’s influence on the inventory. Icahn, in an interview with cable tv community CNBC, additionally said he became “still very careful” on the U.S. inventory market and there could ... Read More »
Airbus Group (AIR.PA) has not expressed an intention to take a stake in Russian Helicopters, an Airbus spokesman said on Sunday. Russian economy minister Alexei Ulyukayev said on Friday that the European aerospace company was interested in the privatization of the state-owned Russian Helicopters for which Russia is looking for ... Read More »
