Category: Banking & Finance

Top DIFC-Based Indian Firms Leverage UAE-Indian Axis to Bolster GCC Presence

Business Wire India Four major Indian finance firms are strengthening their operations at DIFC, highlighting the Dubai financial free zone’s position as a natural platform for investment from the subcontinent. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170110005672/en/ Dubai International Financial Centre (DIFC) Gate (Photo: ME NewsWire) Kotak Mahindra Bank and […]

WNS to Acquire Denali Sourcing Services

Business Wire India WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of global Business Process Management (BPM) services, today announced that on January 10, 2017, the company entered into a definitive agreement to acquire Denali Sourcing Services (Denali), a leading provider of strategic procurement BPM solutions. Denali delivers high-end global sourcing and procurement services […]

Andersen Global Announces Collaboration With Canadian Tax Firm, Moodys Gartner Tax Law, LLP

Business Wire India Andersen Global is proud to announce an expanded presence in Canada through a Collaboration Agreement with Moodys Gartner Tax Law, LLP. The collaboration with Moodys Gartner further extends Andersen Global’s presence in North America to include locations in Calgary, Edmonton, Toronto and Vancouver. “Our expansion in Canada is essential to serving clients […]

Ferring Partners with Intralytix to Develop Bacteriophage Treatments for Conditions Associated with the Microbiome and Drug-Resistant Bacteria

Business Wire India Ferring Pharmaceuticals is partnering with Intralytix, Inc to develop and commercialise bacteriophage-based treatments for conditions associated with the presence of pathogenic bacteria or dysbiosis of the microbiome. The human body is host to trillions of microbes, bacteria, virus and fungi. This vast and complex microbial community is known as the microbiota. The […]

Takeda to Acquire ARIAD Pharmaceuticals, Inc.

Business Wire India Takeda Pharmaceutical Company Limited (TSE:4502) (“Takeda”) and ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA) (“ARIAD”) announced that they have entered into a definitive agreement under which Takeda will acquire all of the outstanding shares in ARIAD for $24.00 per share in cash, or an enterprise value of approximately $5.2 billion. The transaction has been approved […]

IBKR Launches Shenzhen-Hong Kong Connect Program, Expanding Access to China’s Emerging Industries

Business Wire India Interactive Brokers Group, Inc. (NASDAQ:IBKR) has released its year-end IB Communiqué informing clients worldwide about its new Shenzhen-Hong Kong Stock Connect program. The company also rolled out enhancements to its IBot trading technology and IB Trader Workstation℠ platform (TWS) and launched new CME Globex products. Shenzhen-Hong Kong Connect Program Launched Interactive Brokers […]

Elliott Acquires a Controlling Interest in Aeolus

Business Wire India Aeolus Capital Management Ltd. (“Aeolus”) today announced the closing of the previously announced proposed transaction between Aeolus and Elliott Management Corporation (“Elliott”) pursuant to which Elliott Associates, L.P. and Elliott International, L.P., two funds managed by Elliott, have acquired a controlling interest in Aeolus and its affiliated entities. Elliott acquired its controlling […]

Whoa! CES 2017 Opens with Next-Generation Innovation

Business Wire India CES® 2017 officially opened its doors , celebrating the show’s 50th anniversary with a recording-breaking exhibit floor spanning more than 2.6 million net square feet. More than 3,800 companies will launch innovative products this week at CES, including an unprecedented 600 startups in Eureka Park. Owned and produced by the Consumer Technology […]

Takeda and PvP Biologics Announce Development Agreement around Novel Therapeutic for Celiac Disease

Business Wire India Takeda Pharmaceutical Company Limited (“Takeda”) (TOKYO:4502) and PvP Biologics, Inc. (“PvP”) announced a global agreement for the development of KumaMax, a novel enzyme designed to break down the immune-reactive parts of gluten in the stomach, thereby avoiding the painful symptoms and damage done in the small intestine from accidental gluten ingestion. This […]

TA Associates Announces Global Staff Promotions

Business Wire India   TA Associates, a leading global growth private equity firm, today announced promotions earned by four investment staff members in TA’s Boston, London and Mumbai offices, effective January 1, 2017. “These talented individuals earned their promotions through the quality of their character and, consistent with their roles, demonstrated investment judgment, creativity and […]
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