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Reliance to invest $26B in 3 years to expand business

General

06 June, 2013

Reliance to invest $26B in 3 years to expand business

The country’s largest company Reliance Industries has enhanced its proposed investment plan across businesses. In his AGM speech to shareholders, ......

Healthcare

05 June, 2013

Cadila Healthcare aims at over $1B annual global revenues from breakthrough diabetes drug

Ahmedabad-based Cadila Healthcare Ltd said on Wednesday it has got approval from the Indian drug regulator Drug Controller General of ......

General

05 June, 2013

SEBI restricts voting rights of promoters not meeting minimum public holding norms

Market regulator Securities and Exchange Board of India (SEBI) has put a set of restrictions on promoters of 105 listed ......

TMT

05 June, 2013

Just Dial lists at 11% premium to IPO price

Just Dial Ltd, which runs the India-specific local business listings site Justdial.com, listed at 11.1 per cent premium to issue ......

Others

05 June, 2013

News Roundup: Blackstone seeks to buy business park in Mumbai for $176M

The Blackstone Group is in advanced talks to buy a business park in India's financial capital Mumbai for about 10 ......

Consumer

04 June, 2013

Cartica Capital doubling stake in TTK Prestige, buys 3% from promoters for $22M

Emerging markets-focused investment firm Cartica Capital is doubling its stake in TTK Prestige, the flagship of southern......

Others

04 June, 2013

News Roundup: Idea Cellular in talks with Axiata to sell telecom towers

Aditya Birla group-owned Idea Cellular is in discussions with its second-largest shareholder, Axiata of Malaysia, for selling its towers to ......

General

03 June, 2013

McGraw Hill Financial seeks to up stake in CRISIL with $340M offer

McGraw Hill Financial Inc is making a voluntary open offer to acquire up to 22.23 per cent additional stake in ......

Healthcare

03 June, 2013

Apax Partners sells more stake in Apollo Hospitals; part-exit multiple nudges up

Private equity major Apax Partners has sold a little less than 1 per cent stake in Apollo Hospitals Enterprises Ltd, ......

Others

03 June, 2013

News Roundup: Lanco plans to sell non-core assets worth Rs 1,000 crore this fiscal

Lanco Infratech Ltd., is planning to raise Rs 1,000 crore ($176.59 million) this fiscal by selling non-core assets across wind, solar and ......