TEAM VCC

News Roundup: Vishal Retail To Sell Stake, Fidelity To Sell Tech Arm

General

15 December, 2008

News Roundup: Vishal Retail To Sell Stake, Fidelity To Sell Tech Arm

Vishal Retail To Sell Stake - Vishal Retail, the country’s second largest listed retailer, is evaluating several options to raise ......

General

13 December, 2008

News Round Up:Factory Output Dips 0.4%,First Negative Sign in 15 Years

Car Prices to Rise in January - Car manufacturers are planning to raise prices by 2% - 3% by January ......

General

12 December, 2008

US Recession Likely Till June 2009

The current economic downturn is expected to end by June 2009, making it the worst recession since the Great Depression ......

General

12 December, 2008

News Roundup: BofA Plans to Cut 35,000 Jobs; RBI Refinances Exim Bank

RBI Refinances Exim Bank -  RBI has decided to provide refinance of Rs.5000 crore to the Export Import bank of ......

General

11 December, 2008

Roundup: MNC Cement Makers In Race To Acquire Andhra Cements

Tougher Times Ahead, Says RBI - D Subbarao, RBI Governor, today said that the next financial year could be a ......

General

11 December, 2008

Och-Ziff Lays Off 10 In Asia

Och-Ziff Capital Management, the publicly traded hedge fund manager, has laid off ten people from its Asia operations. Employees from ......

General

11 December, 2008

JP Morgan Arranges $400-M Financing For Reliance Industries

Amidst tight liquidity conditions, JP Morgan has signed a $400 million financing facility with Reliance Industries Ltd (RIL) to support ......

Infrastructure

10 December, 2008

News Round Up: Mahindra May Rope In Cerebrus, TPG For Volvo Bid

Mahindra May Rope In Cerebrus, TPG For Volvo Bid - Mahindra and Mahindra (M&M) is considering a bid for Swedish ......

Others

10 December, 2008

Automobile Industry Registers Biggest Decline In Sales In 8 Years

The overall domestic automobile sales in the country dropped by 17.98 percent in November, making it the worst ever sales in the past ......

Others

09 December, 2008

News Round Up : Mphasis CEO Quits, Banks Cut PLR's

MphasiS CEO Quits - Software services exporter Mphasis, which was acquired by EDS has said that Chief Executive Officer Jeya ......