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Aditya Birla Chemicals likely to be out of race for govt's stake in Punjab Alkalies

Manufacturing

13 December, 2014

Aditya Birla Chemicals likely to be out of race for govt's stake in Punjab Alkalies

Aditya Birla Chemicals (India) Pvt Ltd, which was among the four successful bidders for the proposed 44.26 per cent equity ......

Panacea Biotec and Apotex form alliance

Healthcare

12 December, 2014

Panacea Biotec and Apotex form alliance

Delhi-based drugmaker Panacea Biotec Ltd has formed a strategic alliance with Apotex Inc, a Canadian pharmaceutical company for carrying out ......

IDFC, Russian Direct Investment Fund to invest $1B in infrastructure

General

11 December, 2014

IDFC, Russian Direct Investment Fund to invest $1B in infrastructure

Indian infrastructure financing company IDFC Ltd has signed a Memorandum of Understanding (MoU) with Russian Direct Investment Fund (RDIF) to ......

Anu Duggal raises $5M for women entrepreneur-focused fund

General

11 December, 2014

Anu Duggal raises $5M for women entrepreneur-focused fund

Indian-American founder of seed capital fund Female Founders Fund or F Cubed, Anu Duggal is all set to back women ......

Vodafone transfer pricing case within IT dept's jurisdiction, says ITAT

TMT

11 December, 2014

Vodafone transfer pricing case within IT dept's jurisdiction, says ITAT

In a blow to British telecom giant Vodafone Group Plc that has been embroiled in a Rs 8,500-crore transfer-pricing tax ......

Amazon-owned gaming network Twitch acquires e-sports firm GoodGame

TMT

10 December, 2014

Amazon-owned gaming network Twitch acquires e-sports firm GoodGame

US-based live-streaming gaming network Twitch Interactive, Inc., which was recently bought by e-commerce giant Amazon.com, Inc. for $970 million, has ......

Chennai-based TermSheet aims to be the AngelList of Indian startup ecosystem

TMT

10 December, 2014

Chennai-based TermSheet aims to be the AngelList of Indian startup ecosystem

Typical seed/angel deal documents in India are overloaded with provisions that are more suited to Series A investments or even ......

Vikram Akula to pick 26% stake in financial inclusion start-up VAYA

General

10 December, 2014

Vikram Akula to pick 26% stake in financial inclusion start-up VAYA

Vikram Akula – the founder of India's lone-listed micro-lender SKS Microfinance who quit the firm in late 2011 over differences ......

Parliamentary panel favours composite FDI cap of 49% in insurance sector

General

10 December, 2014

Parliamentary panel favours composite FDI cap of 49% in insurance sector

A parliamentary select committee, tasked to review the long-standing Insurance Amendment Bill, has recommended a composite limit of 49 per ......

IFC investing up to $100M in Axis Bank

General

10 December, 2014

IFC investing up to $100M in Axis Bank

International Finance Corporation (IFC), the private sector investment arm of the World Bank, is investing up to $100 million in ......

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