Markets
General
Singapore Firm to Launch Credit Hedge Fund
Singapore-based 3 Degrees Asset Management is planning to a credit opportunities fund that will invest primarily in the performing debt ......
General
Cinema Capital Venture Gets FIPB Nod For Rs 50 Crore
Cinema Capital Venture Fund (CCVF), a SEBI approved fund focused on the Indian film industry, has received approval from the ......
Others
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 ......
Healthcare
UK's NeutraHealth Gets Offer From Elder Pharma
UK-based NeutraHealth Plc said it received an unsolicited offer from India's Elder Pharmaceuticals at an indicative partial offer price of 5.5 pence ......
Others
Standard Chartered PE Buys Stakes In Karur Vysya, IOB
Even as the biggest banks in the West are struggling for survival, India's public sector banks remain an attractive investment ......
General
Ex- Deutsche Bank Employees Form Hedge Fund, To Hire 40 In India
The quantitative trading team of Deutsche Bank, the Equitech Group, is leaving to start a hedge fund in New York, ......
Infrastructure
Laxey Partners Demands a Non-Hiranandani Chairman for Hirco
Laxey Partners, which holds 10.1% stake in Hirco, an AIM listed real estate firm has demanded a non-Hirnandani Chairman for Hirco. The ......
Others
SEBI Announces Special Takeover Norms For Distressed Companies
In wake of the Satyam saga, the market regulator has amended takeover regulations to provide an incentive for several players ......
TMT
EdServ IPO, The First Issue In Past Four Months, Scrape Through
The first IPO in four months IT solutions firm EdServ Softsystems has got a late burst of investor interest. The ......
Infrastructure
Waburg Converts Havells' Warrants At 6 Times Premium
Private equity major Warburg Pincus has bought an additional stake in Havells India by converting warrants allotted to it. These ......
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