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India

Deals Headlines

Dutch court rules Steinhoff must amend 2016 accounts

A Dutch court has ordered Steinhoff International to amend its 2016 accounts, handing victory to a former business partner in a dispute over the ownership of discount furniture store chain POCO, the crisis-hit retailer said on Tuesday.

Israeli visual aid company OrCam valued at $1 billion

Israel's OrCam, which has developed a visual aid for the blind, has completed a funding round that values the company at $1 billion, putting it on track for a planned initial public offering (IPO), its chief executive said on Tuesday.

Colombia's Celsia raises $515.2 million in share issue

Colombian electricity company Celsia said on Monday it raised 1.47 trillion pesos ($515.2 million) during a share issue, funds it will use to increase its stake in another local company and to reduce debt levels.    

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