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General
BK Modi's Spice Acquires 51% in Wall Street Finance
Industrialist BK Modi has acquired 51% stake in forex and money transfer firm Wall Street Finance and is going to ......
General
Arcelor Mittal Buys Stake In Uttam Galva
The world’s largest steel maker ArcelorMittal owned by London-based NRI billionaire LN Mittal is finally entering India. The company which ......
General
Indian Cos Raise $9 B In First Five Months Of 2009-10
Indian companies raised Rs 44,153 crore (~$9 billion) through various equity and equity convertible tools (excluding private placements) in the ......
Infrastructure
Sterlite Suffers Setback On Asarco Bid; But Has Workers' Support
Anil Agarwal-controlled Sterlite Industries has lost its one-and-a half year battle to acquire US copper miner Asarco after the bankruptcy ......
TMT
WL Ross Lost Out In Auction, But Buys Satyam ADRs Now
Distressed asset investor WL Ross & Co has picked up 1.84 million ADRs of Satyam (now rechristened as Mahindra Satyam) ......
TMT
Spice Group Acquires 20% In Singapore IT Firm Mediaring For $40M
He might have lost out to other serious bidders in the auction for Satyam Computers early this year, but BK ......
General
Hedge Fund Brevan Howard Sets Up Mauritius Units To Invest in India
Europe's largest hedge-fund manager Brevan Howard Asset Management LLP has set up two Mauritius-based investment entities to route funds from ......
General
Temasek's New Charter Looks To Downplay Govt Links
Temasek, the largest sovereign wealth fund active in India has changed its global charter which emphasises its mission "to create ......
Others
Lehman, Deutsche & Merrill Lynch To Exit Cox & Kings India
Financial investors Lehman Bros, Deutsche Securities and Merrill Lynch (now controlled by Bank of America) are making partial exits of ......
General
Diageo, United Spirits Talks Fall Through; Mallya May Rope In PE Funds
The much awaited transaction in which the world’s largest spirits maker Diageo would have picked up a minority stake in ......
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