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News Roundup: Redevco May Invest Rs 300 Cr in Sobha Developers

General

17 April, 2009

News Roundup: Redevco May Invest Rs 300 Cr in Sobha Developers

Nokia and HCL Form JV for Direct Sales - Nokia has entered into a joint venture (JV) with HCL Infocomm ......

Suzlon's Ever Increasing Woes, Looks To Siva For Rs 400 Crore

Infrastructure

16 April, 2009

Suzlon's Ever Increasing Woes, Looks To Siva For Rs 400 Crore

Indian wind turbine maker Suzlon Energy is negotiating with C. Sivasankaran, the NRI investor to raise nearly $80.5 million to ......

JP Morgan Reports Net Income Of $2.14 bn, Beat Street View

General

16 April, 2009

JP Morgan Reports Net Income Of $2.14 bn, Beat Street View

JPMorgan Chase says it earned $2.4 billion, or 40 cents a share beating the analysts estimates of 30 cents a ......

Wadias Buy Danone's Stake In Britannia, Ends Partnership In India

General

16 April, 2009

Wadias Buy Danone's Stake In Britannia, Ends Partnership In India

The Nusli Wadia Group announced that it has bought its French partner Groupe Danone's equal stake in biscuit major Britannia Industries ......

News Roundup: Vangal in Talks to Acquire Radico Khaitan Brands

General

16 April, 2009

News Roundup: Vangal in Talks to Acquire Radico Khaitan Brands

SBI to Raise Rs 70,000 Crore in 5 Years - The country’s largest bank, State Bank of India, will need ......

SBI Says No To Real Estate, To Raise Rs 20,000 Cr Via Rights Issue

Infrastructure

16 April, 2009

SBI Says No To Real Estate, To Raise Rs 20,000 Cr Via Rights Issue

Adding to the woes of the real estate sector which is already reeling under credit crunch, SBI said that the ......

Tech Mahindra Raises $175 M Of Debt To Fund Satyam Acquisition

TMT

15 April, 2009

Tech Mahindra Raises $175 M Of Debt To Fund Satyam Acquisition

Indian software services group Tech Mahindra, which is awaiting regulatory approval to buy Satyam Computer Services, has raised $175 million through ......

News Roundup: Future Group to Buy 60% Stake in Ad Agency Dhar & Hoon

General

15 April, 2009

News Roundup: Future Group to Buy 60% Stake in Ad Agency Dhar & Hoon

Race for Asarco Hots Up - The fight to take over US-based copper mining company Asarco, which had appeared to ......

Monster's Tadanki To Join Yahoo As MD Yahoo India, Middle East

TMT

15 April, 2009

Monster's Tadanki To Join Yahoo As MD Yahoo India, Middle East

Internet giant Yahoo India had been without a formal Managing Director for close to two years after George Zacharias left ......

News Roundup: Pfizer to Make Tender Offer to Hike Stake in Indian Unit

General

14 April, 2009

News Roundup: Pfizer to Make Tender Offer to Hike Stake in Indian Unit

Pfizer to Make Tender Offer to Hike Stake in Indian Unit - Pfizer Investments Netherlands BV, a wholly-owned subsidiary of ......