Kishore Biyani led Future Retail said it has raised Rs 600 crore through an issue of non-convertible debentures (NCDs) on private placement basis. In a BSE filing, Future Retail said, "The committee of directors has considered, ...
Tags: BSE filing, Apparel
An independent investigation, overseen by NuVasive’s board, found Alex Lukianov had not complied with certain company expense reimbursement and personnel policies. NuVasive’s CEO has resigned from the company after an ...
Scott and Scott is claiming that the supermarket giant’s overstatement of its profits last year, caused a “permanent destruction of value to shareholders.” Tesco is facing potential legal action from UK shareholders ...
Tags: Tesco, Supermarket giant, Toys
Pernod Ricard intends to borrow up to $240.4m in a bid to break the dominance of Diageo-controlled United Spirits's share in the Indian spirits market. United Spirits holds one third of the share in the Indian market. Without ...
China will accelerate the overhaul of its overly-invested iron and steel sector to bring it back to a "basically balanced level" by 2017, the industry ministry said. The Ministry of Industry and Information Technology (MIIT) said it would ...
Tags: Steel Industry, Iron Steel
In a NASDAQ filing, developer and marketer of digital textile printing machines, Kornit Digital, is offering 7.1 million shares at $13-15, a piece for its upcoming initial public offering (IPO). At this pricing range, Kornit will be ...
Tags: Kornit Digital, digital textile printing, printing machines
The merger date of Sysco Corp. and US Foods Inc. has been extended by 60 days from March 8 to May 7 because of the scheduled anti-trust hearings to be held in May, said food distributor Sysco in a filing with the US Securities Exchange ...
Tags: Sysco Corp, US Foods, Merger Date
Kishore Biyani led Future Lifestyle Fashions Limited said it has hiked its stake in ethnic products firm Industree Crafts Pvt Ltd from 63.34 per cent to 72.16 per cent. Future Lifestyle Fashions Limited (FLF), the apparel and accessories ...
Tags: ethnic products, Apparel
A growing number of electric vehicle owners in China are filing official complaints about the status of the thousands of newly-installed charging stations being set up across parts of China. Yan Chuang owns an electric vehicle. He is ...
Not so fast, Wright and Tornier. U.S. regulatory agencies want a few matters cleared up before deciding whether to approve the proposed $3.3 billion merger of U.S. bone-implant maker Wright Medical Group Inc. with Dutch orthopedic ...
Tags: orthopedic device, medical device
Geely is leading Chinese automakers in terms of innovative capacity, according to a report unveiled in late January by the intellectual property and science business of information provider Thomson Reuters. The report examined recent ...
Tags: automakers, Geely, automotive field
General Motors has rejected the pleas of two US senators who urged the automaker to extend the deadline for filing claims related to faulty ignition switch compensation program. The company in return said that it already extended the ...
Tags: Compensation Program, Auto
For fiscal second-quarter 2015 (ended 28 December 2014), Cree Inc of Durham, NC, USA has reported revenue of $413.2m, down 3.4% on $427.7m last quarter but similar to $415.1m a year ago and in the upper half of the target range of $400-420m ...
Tags: LED Demand, LED Lighting Offsets, Electrical
Toyota has broken ground at its new North American headquarters to be built at the intersection of Headquarters Drive and Palomino Crossing in Plano, Texas. Toyota Motor North America CEO Jim Lentz said that the company aims to build an ...
Tags: project manager, environmentally-sustainable campus, Auto
TDK Corporation announces that it has been selected as one of the 2014 Top 100 Global Innovators by Thomson Reuters (headquartered in New York with a Japan office in Minato-ku, Tokyo). This award is based on an analysis of patent ...