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Max in Talks With Partner For Insurance Stake Sale

General

17 June, 2009

Max in Talks With Partner For Insurance Stake Sale

Max India Ltd has begun discussion with its life insurance joint venture partner, New York Life International, to sell a ......

News Roundup: Jubilant Organosys May Sell Polymer Unit to Cut Debt

General

17 June, 2009

News Roundup: Jubilant Organosys May Sell Polymer Unit to Cut Debt

Max Starts Talks to Sell 23% to New York Life - With the Insurance Laws (Amendment) Bill awaiting Parliamentary approval, ......

Ex-Deutsche Bank Quant Team Raises $1.2B For Hedge Fund

General

17 June, 2009

Ex-Deutsche Bank Quant Team Raises $1.2B For Hedge Fund

Deutsche Bank’s former top global arbitrage trader will open his own hedge fund firm next month with more than $1 ......

HSBC Securities To Delist IL&FS Investsmart

General

17 June, 2009

HSBC Securities To Delist IL&FS Investsmart

 HSBC Securities and Capital Markets India (HSCI) has proposed to delist the equity shares of IL&FS Investsmart, the broking firm ......

Bank Muscat To Sell Remaining HDFC Bank Stake; May Make 8x Return

General

16 June, 2009

Bank Muscat To Sell Remaining HDFC Bank Stake; May Make 8x Return

Bank Muscat will sell its remaining holding in India’s second largest private sector lender HDFC Bank within a month. In ......

Aavishkaar India Micro VC Fund Makes Final Close At $14 Mn

General

16 June, 2009

Aavishkaar India Micro VC Fund Makes Final Close At $14 Mn

Aavishkaar India Micro Venture Capital Fund (Aavishkaar) has made a final close at $14 million. The fund had a final ......

Canada's Caldwell To Buy 5% Stake in NSE For $130 Mn

General

16 June, 2009

Canada's Caldwell To Buy 5% Stake in NSE For $130 Mn

Canada’s Caldwell Investment Management is looking to pick up upto 5% stake in privately held National Stock Exchange of India ......

News Roundup: JBM to Buy Out European Ancillary Company for Rs 300 Cr

General

16 June, 2009

News Roundup: JBM to Buy Out European Ancillary Company for Rs 300 Cr

JBM Aiming to Buy Out European Ancillary Company for Rs 300 Crore - The New Delhi-based diversified JBM group, which ......

SIDBI Venture Capital Raising Rs 1,000 Cr Third Fund

General

16 June, 2009

SIDBI Venture Capital Raising Rs 1,000 Cr Third Fund

SIDBI Venture Capital (SIDBI VC) Ltd, a state-owned venture capital firm dedicated to small and medium enterprises, is raising its ......

LIC, GIC Housing Finance Arms Sell Stake in LIC Mutual Fund

General

15 June, 2009

LIC, GIC Housing Finance Arms Sell Stake in LIC Mutual Fund

Housing finance arms of public sector insurance firms GIC and LIC are selling a significant minority stake in LIC Mutual ......

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