Major Headlines
Mon, 01/29/2007 - 14:20 — Sahad P VePlanet Ventures plans $500-million fund for India, China
They are looking at areas like technology in healthcare services, autocomponents, hospitality apart from IT and internet to invest from this second fund.
Vodafone can hold stake in Bharti even if they win Hutch deal
Sunil Mittal, Bharti chairman says so, but it's just that the UK telco will have to vacate the board seats. Vodafone owns 9.9 per cent in Bharti.
Meanwhile, SingTel is eyeing Vodafone stake
Singtel is believed to have formally conveyed its interest in acquiring Vodafone’s 9.9 per cent stake in Bharti Airtel to Vodafone.
CSN may outdo in the Corus bid: UK paper
Who will win the bid for Corus which is set to end through a nin-eround auction on Tuesday. The Sunday Times, a UK paper, reported that the Brazilians are tipped to outgun the Tatas. Will it happen? Bankers and analysts don't think it's easy.
UB's bid to acquire Whyte & Mackay hits rough weather
The Vijay Mallya-controlled spirits company may find it tough since the UK company has raised its asking price to £600 million. Mallya is believed to have asked for £400 million.
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