May 8, 2013 | India, News, North America, South & Central Asia
VC Circle 8 May 2013 Azim Premji-led Wipro Ltd, India’s third largest software services provider, has signed an agreement to enter into a strategic partnership with Opera Solutions LLC, a privately held and New Jersey-headquartered Big Data analytics firm. Wipro will...
May 8, 2013 | Central & Eastern Europe, News, Russia, Western Europe
Digital Sky Technologies (DST Global), the global investment fund led by Yuri Milner, appears to be a major investor in German startup incubator Rocket Internet. According to the incubator’s slide deck, found by The Manager magazine, DST has already pumped $315...
May 8, 2013 | India, News, South & Central Asia
Live Mint 8 May 2013 The company will reduce its current 80.3% ownership stake in OFSS to 75% as required by the market regulator Mumbai: Oracle Corp. on Wednesday said it will reduce its current 80.3% ownership stake in Oracle Financial Services Software Ltd (OFSS)...
May 8, 2013 | China, East Asia, News
HONG KONG, May 8 (Reuters) – China Mengniu Dairy Co Ltd’s deal to buy a $410 million stake in China’s largest unpasteurised milk producer is a strategic move to rebuild trust after a series of scandals left local brands’ reputations in tatters....
May 7, 2013 | Central & Eastern Europe, News, Russia, South & Central Asia
Moscow Times Russian oil major Rosneft and gas producer Itera are in talks with Armenian authorities to acquire Armenia’s largest petrochemical plant, Nairit, which specializes in the production of chloroprene rubber, Vedomosti reported Tuesday. The report cited...
May 7, 2013 | Central & Eastern Europe, News, Russia, South & Central Asia, Western Europe
Moscow Times 7 May 2013 Russian billionaire senator Suleiman Kerimov has purchased a 3.05 percent stake in embattled UK-based natural resources firm Eurasian Natural Resources Corporation PLC, the company said. According to a regulatory filing, on April 30 Kerimov...
