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Nimesh Sharma

News Round Up: PFC To Raise $500Mn in ECB; Emami Exits Realty Business

General

25 October, 2008

News Round Up: PFC To Raise $500Mn in ECB; Emami Exits Realty Business

 M&AsRCOM In Negotiations With Healthcare Magic: ADAG group firm Reliance Communications is in advanced stage of talks with Bangalore-based Healthcare ......

News Round Up: Foreign VC May See Auto Route, Goldman To Cut 10% Jobs

General

24 October, 2008

News Round Up: Foreign VC May See Auto Route, Goldman To Cut 10% Jobs

 Venture Capital / Private EquityForeign VC Entry May See Auto Route: The government is mulling over easing of investment norms ......

News Round Up: Ravi Sud Joins Emaar MGF; Thomas Cook, ItzCash Tie Up

General

23 October, 2008

News Round Up: Ravi Sud Joins Emaar MGF; Thomas Cook, ItzCash Tie Up

 PeopleJP Morgan India Ropes In Jahangir Aziz As Chief Economist: JP Morgan India Jahangir Aziz as Chief Economist for its ......

Seqouia Capital Funded GlobalLogic Acquires Israel-based InterObject

Technology

23 October, 2008

Seqouia Capital Funded GlobalLogic Acquires Israel-based InterObject

Seqouia Capital India funded GlobalLogic Inc. has bought InterObject, a software product engineering company for $10 mn. Through acquisition of InterObject, ......

Singapore's Orient Global Buys Stake In HDIL, Indiabulls Real Estate

Infrastructure

23 October, 2008

Singapore's Orient Global Buys Stake In HDIL, Indiabulls Real Estate

Orient Global, a Singapore based private equity fund has invested Rs 120 crore in HDIL and Indiabulls Real Estate (IRE). ......

News Round Up: R-Power Gets 2K Cr; Hindalco To Sell Stake in Group Cos

General

22 October, 2008

News Round Up: R-Power Gets 2K Cr; Hindalco To Sell Stake in Group Cos

M&AsHindalco To Sell Stake In Group Firms: Aditya Birla group company Hindalco Industries, may sell stakes in group companies to ......

Educomp Acquires 51% In Takshila Management Services

Infrastructure

21 October, 2008

Educomp Acquires 51% In Takshila Management Services

Educomp Solutions has bought a 51% stake in Takshila Management Services, a company specializing in setting up high quality schools ......

News Round Up: RBI Cancels Rs 10,000-Cr Bond Auctions, Yahoo Cut Costs

Others

21 October, 2008

News Round Up: RBI Cancels Rs 10,000-Cr Bond Auctions, Yahoo Cut Costs

RBI Cancels Rs 10,000-Cr Bond Auctions AgainThe government has cancelled its Rs 10,000-crore bond auction, soon after a 100-basis point ......

Satellite Radio Firm Worldspace Files For Chapter 11 Bankruptcy

TMT

21 October, 2008

Satellite Radio Firm Worldspace Files For Chapter 11 Bankruptcy

The satellite radio service WorldSpace, Inc., which had India as one of the fastest growing markets, has filed for Chapter 11 bankruptcy. The company has ......

News Round Up: SpiceJet Appoints New CEO, Kingfisher Slashes Salaries

Others

20 October, 2008

News Round Up: SpiceJet Appoints New CEO, Kingfisher Slashes Salaries

JSW Gets Debt Of Rs 3,000 CroreJindal South West Group has raised debt funds of Rs 3000 crore to set ......