Glam Media Inc., a provider of Internet-advertising services targeting women, named Jeanne Seeley as chief financial officer, adding an executive with experience at publicly traded companies including Apple Inc.
Glam Media Inc., a provider of Internet-advertising services targeting women, will pay about $150 million to acquire social-networking site Ning Inc., according to two people familiar with the transaction.
Mukesh Ambani, India’s richest man, added almost $1 billion to his wealth while Gautam Adani gained $400 million as early vote counting showed Narendra Modi’s opposition bloc is set for the biggest election win in 30 years.
Prime Minister Manmohan Singh failed to win passage of his anti-corruption bill as an uproar broke out in India’s upper house of parliament, capping a year of setbacks that stirred concern over a wrecked economic agenda.
Samir Arora, founder of hedge fund Helios Capital Management Pte., comments on Tata Sons Ltd. naming Cyrus P. Mistry, the son of its biggest shareholder, as successor to Chairman Ratan Tata. He spoke in a phone interview from Singapore.