Morgan Stanley is outrunning archrival Goldman Sachs as 2009's busiest adviser on M&As under new chief Robert Kindler.

Lehman Plans To End Bankruptcy, Create New Company

A newly created business called LAMCO would provide a global and efficient resolution to the company's bankruptcy. ...

Corporate Finance Associates Ups India Presence

It has opened two new offices in Maharashtra, one in Mumbai and the other in Pune....

Equifax Gets RBI Nod To Launch Credit Bureau

Equifax will hold a 49% stake in the Indian firm, which will have an authorized capital of Rs75 crore....

Morgan Stanley Appoints 212 New Managing Directors; Several Indians

The list includes three Indians - Anil Agarwal, Gautam Bhandari and Suniti Chauhan....

ICRA Inks JV With Nepal’s PE Firm

The JV gives ICRA a direct offshore presence....

Dubai’s Shuaa Capital Sells Stake In Edelweiss

Dubai-listed financial services firm Shuaa Capital has sold over two thirds of its 2.2% holding in Edelweiss. ...

Birla Caps Gets Merchant Banking Licence

The company will offer on-shore investment banking advisory and other services. ...

India Funds Grapple With Pricey, Scarce Talent

More than a dozen firms are now waiting to join the country's 33-member industry, exacerbating the talent crunch. ...

Lazard CEO Bruce Wasserstein Dies

Wasserstein was credited with brokering more than 1,000 transactions worth more than $250 billion....

Religare Plans Buyouts For Investment Banking Thrust

Religare Capital Markets plans acquisitions or JVs to expand its i-banking and institutional broking business. ...

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Indepth
Doing Due Diligence Of A Company In "Troubled Waters"
SUJJAIN TALWAR & RAMYA MOHAN, ECONOMIC LAWS PRACTISE
Companies in ‘troubled waters’ normally pay less attention to compliance matters.
What Regulation Applies if No Exemption is Granted?
SAHIL SHAH & VAIDYANATHAN IYER, NISHITH DESAI ASSOCIATES
No convincing argument was made by the promoters to SEBI for obtaining the exemption in the case of Citadel Realty.
Interviews
AIM head brushes aside the shareholder activism dampener as specific to just a few cos & not a wide phenomenon.
Siguler Guff's Praneet Singh says PE Funds need to tighten processes and operations.