By Juliet Shwe Gaung
In a couple of investment projects in Myanmar, China Three Gorges Corporation will set up a 30 MW wind farm in the country’s delta region while a new farm produce-focussed port will come up at Thilawa SEZ. China Three Gorges to develop wind power project China Three Gorges Corporation and… Read more »
Aahaa.in, an online platform has raised Rs 6.7 crore (almost $1 million) from YourNest Angel Fund. In a separate deal, Zopper has acquired EasyPoS.
General Electric Co said its proposed deal to sell its appliance business to China’s Haier Group for $5.4 billion had received approval from U.S. anti-trust authorities. GE has received notice from the Department of Justice that it has completed its review of the proposed transaction, a GE spokeswoman told Reuters…. Read more »
Tata Asset management is in talks to buy JP Morgan‘s asset management business in India, and Adani is negotiating with the Jindal group to buy its power business. Tata Asset Management in talks to buy JP Morgan’s India assets Tata Asset Management is in talks to buy the assets of… Read more »
Hong Kong-based private-equity firm AID Partners is ready to partially exit HMV‘s Hong Kong and Singapore businesses, which it had acquired in 2013. It has agreed to sell 18.37 per cent stake in the business to Japan-based World Innovation Lab for $9 million. As per the agreement, the Japanese investment firm will acquire 2,250 new ordinary shares… Read more »
Goldman said patents, land, property and “non-core units or businesses” are all on the table for potential sale, and the company has sold or licensed more than $600 million in patents over the last three years.
Specialty cable manufacturer CMI Ltd has acquired General Cables Energy India Pvt Ltd (GCE) – a wholly-owned subsidiary of Fortune 500 company General Cable Corporation (GCC).
Willow is the second cricket-related acquisition for Times Internet, after online site Cricbuzz. It is the first international acquisition by Times Internet.
Continental, one of the world’s biggest suppliers to the automotive sector, is rapidly building its electronics expertise as the industry moves towards more intelligent and ultimately self-driving vehicles.
With this deal, OurCrowd is foraying into Asia and is focussed on developing the fintech ecosystem in the region.