Auto component maker Ingersoll Rand (IR), plans to invest $100 million over the next three years to set up a factory in southern India to manufacture parts for air conditioning systems, head of India operation Venkatesh Valluri said. Local manufacturing, innovation and market-centric product development are the key focus areas...

Japanese social media website operator, DeNA Co., is to acquire ngmoco Inc for $400 million, an unlisted U.S. developer of games and applications for smartphones. DeNA's acquisition of ngmoco will fuel its rivalry with US firm Zynga - set to become one of the defining battles of cross-platform social gaming...

Canada's Ontario Teachers' Pension Plan, which controls a $96.34bn portfolio, is plotting a bid to spoil BHP Billiton's (BHP) (BLT.L: Quote) $40 billion hostile takeover offer for Potash Corp (POT), the worlds top fertilizer maker. London-based BHP launched a 40 billion US dollars (£25 billion) bid for Canada's PotashCorp in...

OAO Polymetal (PMTLq.L), one of Russia's largest gold and silver producers, wants to boost the liquidity of its stock and is eying options including a share issue overseas (United States or Canada), a merger with another firm, a reverse takeover and the transfer of Polymetal (PMTL.MM) assets to a British-listed...

Taiwan's media and broadcasting regulator is set to approve private-equity firm Carlyle Group L.P.'s $1.14 billion sale of  Taiwan cable TV unit Kbro Co. On July 26, the Tsai Family, which controls Fubon Financial Holding Co. (2881.TW), said it was in talks with Carlyle to buy Kbro TV and was...

The Gulf city-state, Dubai's government hired HSBC (HSBA), Deutsche Bank (DBKGn) and Standard Chartered (STAN) to issue dollar bond. The issue would be the first government bond sale since Dubai World, a flagship company of the emirate, left financial markets reeling in November last year by asking for a delay...

1) Acer Veriton VM670G-UQ9501C- The Acer Veriton M670G-UQ9501C Desktop is your green PC packed with technologies. The CPU, chipset and management technology, provides enhanced security and manageability for office networks. With Acer Veriton ControlCenter, Acer Client Manager and TPM-based security, this desktop is a must-have for today's business needs. OS:...

Private-equity firm Blackstone Group LP (BX) is in exclusive, early-stage talks to buy chemical company MatlinPatterson's Polymer Group Inc. (POLGA). Polymer is majority-owned by MatlinPatterson Global Advisors, a New York-based investment firm. MatlinPatterson has been trying to sell Polymer, in which it the largest shareholder, for months. MatlinPatterson Global Advisers...

Canadian-based health sciences company, Sernova Corp (SVA) said its experimental glucose-control device showed safety and efficacy in a pre-clinical study in pigs that were made diabetic. Dr. Philip Toleikis, Sernova's President & CEO, noted "Our Cell Pouch System(TM) is a proprietary medical device implanted under the skin rapidly forming into...