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Nimesh Sharma

News RoundUp: IDFC Eyes 35% in GE Arm; Interest on FCCB Taxable

General

03 November, 2008

News RoundUp: IDFC Eyes 35% in GE Arm; Interest on FCCB Taxable

M&AsIDFC Eyes 35% In GE’s Construction Equipment Biz: Infrastructure Development Finance Company (IDFC) is in negotiations with GE Commercial Finance, ......

RBI Cuts CRR by 100 Basis Points; Cuts Repo Rate by 50 BPS

General

01 November, 2008

RBI Cuts CRR by 100 Basis Points; Cuts Repo Rate by 50 BPS

In a step that would further infuse Rs 40,000 crore into the system, India's central bank Reserve Bank of India has cut ......

News Round Up: NBFCs Can Raise $10Mn in Forex; Adlabs To Demerge Radio

General

01 November, 2008

News Round Up: NBFCs Can Raise $10Mn in Forex; Adlabs To Demerge Radio

M&AsPTC Mulls Stake Buy In Power Gen Projects: State-owned power trading company PTC India is eyeing picking up stakes in ......

News RoundUp: AmEx LaysOff 7000; Godrej To Sell Stake in Hicare

General

31 October, 2008

News RoundUp: AmEx LaysOff 7000; Godrej To Sell Stake in Hicare

 Global EconomyJapan PM Announces $ 277 Bn Stimulus Package: Japan's Prime Minister Taro Aso has announced a $ 277 bn ......

Lehman Blow: Shuaa Capital Reports Net Loss Of $ 101 Mn

General

31 October, 2008

Lehman Blow: Shuaa Capital Reports Net Loss Of $ 101 Mn

Dubai based investment bank and private equity firm Shuaa Capital, which has an investment in India's Edelweiss Capital, has reported ......

Gayatri Infra Board Approves Rs 100 Crore PE Funding From AMP Capital

Infrastructure

30 October, 2008

Gayatri Infra Board Approves Rs 100 Crore PE Funding From AMP Capital

Gayatri Projects Ltd. (GPL) has announced that its board has approved a private equity funding of Rs 100 cr in ......

News RoundUp: SEBI Hikes Promoters' Stake Limit; BPCL To Sell Water

General

29 October, 2008

News RoundUp: SEBI Hikes Promoters' Stake Limit; BPCL To Sell Water

PolicySEBI Hikes Creeping Acquisition Limit: SEBI has allowed promoters to buy up to 5% shares of their own company every ......

Anand Jain's Firm Buys 7% in Blackstone Controlled Gokaldas Exports

Others

29 October, 2008

Anand Jain's Firm Buys 7% in Blackstone Controlled Gokaldas Exports

Anand Jain, chairman of Jai Corp Ltd. and a confidante of Reliance Industries chairman Mukesh Ambani, has bought 6.64% equity ......

News Round Up: SBI, IFC Ink JV For Infra PE; Chola DBS CEO To Resign

General

27 October, 2008

News Round Up: SBI, IFC Ink JV For Infra PE; Chola DBS CEO To Resign

 SBI Forges JV With IFC, Macquarie For PE Fund: State Bank of India (SBI) has signed a JV with Macquarie ......

Mobile Beats Slowdown, Adds 10M Mobile Subscribers In September

TMT

25 October, 2008

Mobile Beats Slowdown, Adds 10M Mobile Subscribers In September

Even though consumer spending has taken a knock, Indian mobile engine seems to be growing at a frenetic pace. The Indian mobile ......