Industry News

Reliance Communications Ltd rose 2.4% to Rs47.80 after the company said in a notice to BSE that it is in pact with Brookfield for Telecom tower sale. The company will get upfront cash payment of Rs11, 000 crore and enjoy 49% future economic upside from business. The company will use funds from sale of telecom towers business solely to cut debt."/>
Live markets: Sensex, Nifty flat; RCom up 2.4% [Mint, New Delhi]
Boston Herald The Ticker column [Boston Herald]
Coal India Ltd, the world's biggest coal miner, raised Rs15, 000 crore in 2010.."/>
Why 2016 is the year of IPOs [Mint, New Delhi]
Starbucks, and to restaurants, on Wednesday said it closed its Series B investment of $6 million from venture firms Saama Capital and Verlinvest. Veeba, which in 2015 raised $6 million in its Series A from DSG Consumer Partners and Saama Capital, will use the fresh funds to strengthen its distribution and product..."/>
Veeba Food Services raises $6 million [Mint, New Delhi] Inc. on Thursday launched a Global Store for Indian shoppers, offering fashion brands, books and other products from its US online store that aren't available in India. Amazon India country manager Amit Agarwal said the Global Store on Amazon India's platform has 4 million products across 12 categories, including apparels, shoes, watches, sports gear, home appliances and accessories, PCs and books. "We are starting with the US-- we will..."/>
Amazon launches 'Global Store' in India [Mint, New Delhi]
Comcast Corp. leaders first took a tour of McHenry Row in South Baltimore, the leasing broker doubted the cable and media giant was serious about renting space in the property. The Pennsylvania firm had a large and longstanding presence in Baltimore County, where it employed more than 1,000 people last year, according to the state. But on Thursday, developer Mark Sapperstein said Comcast had signed a lease for more than 28,000 square feet at McHenry Row, where it plans to..."/>
Comcast to move regional office to South Baltimore [The Baltimore Sun]
Comcast prepares to move into about 28,000 square feet at the Locust Point project next year. The latest new tenant, Diamondback Brewing Co. is expected to open in a few weeks."/>
BRIEF: More offices, hotel planned for McHenry Row [The Baltimore Sun]
Under Armour founder Kevin Plank's planned redevelopment. Tradepoint Atlantic announced Thursday that it signed the building material distributor as its newest tenant at the former Sparrows Point steel mill in eastern Baltimore County. Atlantic Forest Products will lease two storage buildings totaling 160,000 square feet on 16 acres, as well..."/>
Atlantic Forest Products will move to Tradepoint Atlantic from Port Covington [The Baltimore Sun]
Norwegian Cruise Line will debut a mammoth new ship able to carry 4,000 passengers on Seattle-Alaska cruises beginning in 2018, the company said Thursday. Norwegian, which has a deal with the Port of Seattle to expand its Pier 66 cruise terminal in a $30 million joint project, now operates two 2,400- passenger ships out of Seattle during the summer. Andy Stuart, president and CEO of Norwegian, said one of those will remain on the route to supplement the planned Norwegian..."/>
Norwegian Cruise Line orders up a bigger ship to expand Seattle-Alaska sailings [The Seattle Times]

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