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News Roundup: Gopinath To Sell 24% Stake in Deccan Express Logistics

General

09 May, 2009

News Roundup: Gopinath To Sell 24% Stake in Deccan Express Logistics

Breach of Contract May Force Corus to Shut Teesside Unit - Tatas-owned steel maker Corus announced on Friday that the company ......

News Roundup: DLF May Raise Rs 3,000 Crore

General

08 May, 2009

News Roundup: DLF May Raise Rs 3,000 Crore

 DLF May Raise Rs 3,000 Crore - Billionaire KP Singh and family, the promoters of India’s largest real estate company DLF, ......

News Roundup: Tata Sons Raises Rs 633 Crore by Selling TCS Shares

General

07 May, 2009

News Roundup: Tata Sons Raises Rs 633 Crore by Selling TCS Shares

 Novartis' Open Offer Uncertain - The fate of the open offer of Swiss pharma giant Novartis to scale up its stake ......

Bank of America, Citigroup, Morgan Stanley To Raise More Capital

General

07 May, 2009

Bank of America, Citigroup, Morgan Stanley To Raise More Capital

The stress test conducted by the US Government has showed that some of the country's largest banks may still need ......

Prabhudas Lilladher Appoints Sandip Sabharwal As PMS Head

General

06 May, 2009

Prabhudas Lilladher Appoints Sandip Sabharwal As PMS Head

Local brokerage house Prabhudas Lilladher has appointed Sandip Sabharwal as CEO – Portfolio Management Services (PMS). The former Chief Investment ......

News Roundup: Indian Hotels Buys 2.25 Million Shares of Orient Express

General

06 May, 2009

News Roundup: Indian Hotels Buys 2.25 Million Shares of Orient Express

Indian Hotels Buys 2.25 Million Shares of Orient Express - Indian Hotels, owner of the Taj Group of hotels, has bought ......

News Roundup: Larsen & Toubro, EADS Unit Form Defence JV

General

05 May, 2009

News Roundup: Larsen & Toubro, EADS Unit Form Defence JV

 Larsen & Toubro, EADS unit form defence JV : Indian engineer Larsen & Toubro and EADS Defence & Security said on ......

KKR Moves US Director To Mumbai

General

05 May, 2009

KKR Moves US Director To Mumbai

KKR, the world's leading buyout investor is relocating its veteran Nathaniel Taylor from the firm’s Menlo Park office to Mumbai. ......

India Value Fund Picks Up Majority Stake in Innovative B2B Logistics

Infrastructure

05 May, 2009

India Value Fund Picks Up Majority Stake in Innovative B2B Logistics

India Value Fund (IVF) has picked up a majority stake in private container trains operator Innovative B2B Logistic Solutions (Inlogistics) ......

Obama Takes First Step In Tax Overhaul; Curbs Outsourcing, Tax Havens

Others

05 May, 2009

Obama Takes First Step In Tax Overhaul; Curbs Outsourcing, Tax Havens

US President Barack Obama on Monday has reportedly proposed removal of tax incentives to American companies shifting jobs abroad, besides ......