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Disclose loan default by Kingdom of Dreams: CIC to IDBI

Edit The Times of India 05 Jun 2016
New Delhi, Jun 5 () The Central Information Commission has directed IDBI Bank to disclose details of alleged loan default by Gurgaon-based entertainment group Kingdom of Dreams in "larger public interest" ... The CIC order came on the plea of Harinder Dhingra, who claimed that the bank had published a notice relating to the default in payment by Great India Nautanki Company Ltd ... ABS ZMN MNG ... RELATED. From around the web....

Mena venture capital deals treble

Edit Khaleej Times 05 Jun 2016
Venture capital investments across the Middle East and North Africa (Mena) region tripled in 2015, with the UAE recording the highest number of deals ... In 2015, disclosed transactions rose by 122, reaching 175 compared to 2014. However, the value of disclosed investments decreased marginally to $1.49 billion from $1.57 billion in 2014 ... Other major funds raised included the $300 million Egypt focused Duet-CIC Egypt opportunities fund ... ....

Serial blasts accused in IS video

Edit The Times of India 04 Jun 2016
Ahmedabad ... This particular video seems to be a montage of old and new videos ... Crime branch sources said on interrogating the key accused in the Ahmedabad serial blasts Alamzeb Afridi - recently arrested by the Counter Intelligence Cell (CIC) of Telangana in Bangalore - that he had translated ISIS chief Abu Bakr Al Baghdadi's speeches from Arabic to Gujarati, to put on the internet ... RELATED. From around the web ... Recommended By Colombia ....

REIT promotion hits wall

Edit The Jakarta Post 04 Jun 2016
The government’s second attempt at promoting real estate investment trusts ( REITs ) has hit a wall as regional administration officials have expressed their ignorance toward the subject ... “I only heard about it today ...   ... After its removal, now only a single tax scheme will apply on both the CIV and the investors, which are holders of a collective investment contract ( CIC ) ... They pointed out to one remaining obstacle ... ....

China Inc. Steps Up to Support Noble Group as CIC Takes Shares

Edit Bloomberg 03 Jun 2016
CIC will now get a second seat on the board ... CIC has been a major shareholder since 2009, when it paid $850 million for new shares as well as some of Elman’s holdings ... “They’re one of the largest shareholders, at this moment it’s not wise for them to dump the shares; it’s already so low, so better to step up support,” Margaret Yang, a strategist at CMC Markets in Singapore, said by phone, referring to CIC....

Singapore stocks end up 0.51 pct

Edit Xinhua 03 Jun 2016
SINGAPORE, June 3 (Xinhua) -- Singapore shares closed 0.51 percent higher on Friday, as investors waited for U.S ... Market in average expect U.S ... The rights issue will be supported by Noble's chairman and biggest shareholder Richard Elman and China Investment Corporation (CIC), an existing investor ... CIC will be getting another non-executive position on the board after the rights issue ... dollars. (1 U.S ... Editor. ying. ....

Noble Group Bonds Surge by Record After $500 Million Cash Call

Edit Bloomberg 03 Jun 2016
Noble Group Ltd ... “The rights issue is a big surprise at such a dilutive discount, and more so with CIC willing to share the pain,” said Leong Wai Hoong, a senior money manager in Singapore at Nikko Asset Management Asia Ltd ... We expect the new management which has risen from the ranks as well as CIC’s greater participation to ensure a more disciplined approach towards this realignment of capital.” ... ....

Big Data brought to life in Bristol! (techUK)

Edit Public Technologies 03 Jun 2016
Once again sponsored by the Hartree Centre and assisted by the Federation of Small Businesses, to ensure the Bristol community was involved this second roadshow was also assisted by High Tech Bristol and Bath CIC and Tech Spark, all of whom attended on the day....

Union County Announces “Union County Means Green” Community Garden Grant Awards (Union County, NJ)

Edit Public Technologies 03 Jun 2016
... Jewish Family Service, JFS Urban Community Garden (Elizabeth) Hillside Victory Community Garden, 242 Pennsylvania Avenue (Hillside) Communities in Cooperation, CIC, CIC Youth and Family Engagement Community Garden (Linden) Sunny Gardens of Linden, Dill Avenue (Linden) Sustainable New Providence, New Providence Community Garden (New Providence) J....

Noble Group Plans $500 Million Rights Issue as Elman to Exit

Edit Bloomberg 03 Jun 2016
Noble Group Ltd., the junk-rated commodities trader that lost its chief executive officer this week, approved a fully underwritten rights issue to raise about $500 million to bolster its balance sheet and announced plans for the succession of founder and chairman Richard Elman ... CIC will get a second seat on the board ... ‘Additional Liquidity’ ... Elman wishes to step down as executive chairman within the next 12 months, it said ... ....

Ironwood Pharmaceuticals Closes U.S. Transaction with AstraZeneca for Lesinurad

Edit Stockhouse 03 Jun 2016
We are advancing a pipeline of innovative medicines in areas of significant unmet need, including irritable bowel syndrome with constipation (IBS-C)/chronic idiopathic constipation (CIC), refractory gastroesophageal reflux disease, uncontrolled gout, and vascular and fibrotic diseases ... branded prescription market leader in the IBS-C/CIC category, ......

Ironwood Pharmaceuticals Closes U.S. Transaction with AstraZeneca for Lesinurad (Ironwood Pharmaceuticals Inc)

Edit Public Technologies 03 Jun 2016
We are advancing a pipeline of innovative medicines in areas of significant unmet need, including irritable bowel syndrome with constipation (IBS-C)/chronic idiopathic constipation (CIC), refractory gastroesophageal reflux disease, uncontrolled gout, and vascular and fibrotic diseases ... branded prescription market leader in the IBS-C/CIC category, ......

Noble Group to raise funds, cut jobs; chairman plans to step down

Edit Yahoo Daily News 03 Jun 2016
By Anshuman Daga ... Noble also said on Friday it would cut headcount and that the rights issue will be supported by Elman as well as China Investment Corp (CIC), which holds close to 10 percent of the firm and will now be entitled to a second non-executive director on the board ... "This doesn't get them out of the woods by any means but it's a great first start," he said ... "We also have to figure out what Elman's plans are," he said....
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