Mail.ru Group sells Facebook, Groupon and Zynga stock

Nov 27, 2012 | News

East-West Digital News 21 November 2012 The Mail.ru Group recently sold its stakes in Groupon and Zynga – 4.12% and 1.17%, respectively – and reduced its stake in Facebook from 0.75% to 0.52%, according to information published during the last few weeks on the group’s...

OLMA Invest purchases Burgundy wine producer Domaine Chanzy

Nov 24, 2012 | France, News, Western Europe

23 November 2012 OLMA Invest SAS today announced that the court in Chalon-sur-Saône had approved its purchase of Burgundy wine producer Domaine Chanzy from bankruptcy. OLMA Invest is leading a consortium of seven private investors including four French citizens, two...

Kendrick White on Russia’s modernization: “We cannot wait another twenty years”

Nov 22, 2012 | News

Marchmont News 20 November 2012 During a US-Russia Bilateral Presidential Commission meeting held on October 30, foreign and Russian experts debated approaches that the participants thought would be beneficial for Russia to choose in its drive for innovation....

Visa Steel sells stake for Rs 368 cr

Nov 21, 2012 | India, News

Business Standard 21 November 2012 As part of its corporate debt restructuring (CDR) programme, Kolkata-based steel maker Visa Steel has decided to sell 49 per cent of its stake in its subsidiary Visa Coke (its 400,000-tonne capacity coke oven battery) to New...

BSE set to launch SME index

Nov 21, 2012 | India, News

Business Standard Currently, BSE has 11 SME companies listed on its platform, while the NSE has one Soon you will have a barometer index for the country’s small and medium enterprises (SME) segment. The Bombay Stock Exchange (BSE) is set to launch an SME index, the...

Tatarstan startup launches cloud accounting solution and secures first round of funding

Nov 21, 2012 | News

East-West Digital News Startobaza, a seed stage investment company based in Kazan, Tatarstan, and Bars Ventures, a venture fund set up by Tatarstan’s BARS Group, announced last week they have bought into Nebo, a ‘cloud’-based professional accounting service. In an...