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ANZ Is Frontrunner For RBS's Asian Assets, Including ABN Amro India

General

02 March, 2009

ANZ Is Frontrunner For RBS's Asian Assets, Including ABN Amro India

Australia and New Zealand Banking Group Ltd (ANZ) is reportedly one of the frontrunners to acquire most of the Royal Bank ......

News Roundup: Tech Mahindra to Bid for Satyam Jointly With a PE Firm

General

02 March, 2009

News Roundup: Tech Mahindra to Bid for Satyam Jointly With a PE Firm

Sterlite Cuts Bid for US Asarco - Sterlite Industries, part of the London-based Vedanta Group, has put in a fresh bid ......

RIL-RPL Merger Approved, Swap ratio Agreed At 16:1

Others

02 March, 2009

RIL-RPL Merger Approved, Swap ratio Agreed At 16:1

The Board of Directors of Reliance Industries, India's largest listed firm with a market value of $40.7 billion,  have approved ......

IFC To Infuse $45M Equity-Cum-Debt Into Jain Irrigation

Others

02 March, 2009

IFC To Infuse $45M Equity-Cum-Debt Into Jain Irrigation

Jain Irrigation will raise a total of $45 million from International Finance Corporation in equity and debt. IFC will  infuse approximately $15 million ......

News Roundup : LG India to Create 2200 New Jobs in 2009

General

28 February, 2009

News Roundup : LG India to Create 2200 New Jobs in 2009

L&T Appoints Citigroup as Investment Banker for Satyam Bid - Larsen & Toubro is understood to have appointed Citigroup as ......

Reliance Industries To Merge Reliance Petroleum With Itself

General

27 February, 2009

Reliance Industries To Merge Reliance Petroleum With Itself

Mukesh Ambani's Reliance Industries (RIL) has announced its plans to merge its group firm Reliance Petroleum with itself. RIL said in ......

US Govt Reaches Deal With Citi To Hold Upto 36% Stake In The Bank

General

27 February, 2009

US Govt Reaches Deal With Citi To Hold Upto 36% Stake In The Bank

Finally the deal has been reached between Citigroup Inc. and the U.S. administration. According to the agreement reached on Friday morning (US ......

Delhi Metro Earns Carbon Credits For Its Regenerative Braking System

Infrastructure

27 February, 2009

Delhi Metro Earns Carbon Credits For Its Regenerative Braking System

Now, transit systems are also going green. German carbon credit validation firm TUVNORD has certified that New Delhi's metro railway ......

News Roundup: HCL BPO Looks For Buyouts in US, UK and Australia

General

27 February, 2009

News Roundup: HCL BPO Looks For Buyouts in US, UK and Australia

HCL BPO Looks For Buyouts in US, UK and Australia - HCL BPO is is looking for acquisitions of platform ......

UBS Names Grubel As New CEO

General

26 February, 2009

UBS Names Grubel As New CEO

UBS AG, the Swiss bank battered by massive write-downs and its role in a U.S. tax-evasion scheme, announced the appointment of Oswald J. ......