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Arcil To Raise $600 Mn Fund To Buy NPAs
Asset Reconstruction Company of India (Arcil) has announced its plans to launch a $600 million fund to invest in distressed ......
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News Roundup: Jet to Raise Rs 750 Crore to Meet Working Capital Needs
Unitech Rolls Over Rs 500 Crore Borrowed Through FMPS - India’s second-largest listed realty company, Unitech Ltd, has rolled over ......
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PE Backed Sarovar Hotels and Carlson Partnership Ends, Revenues To Dip
The exclusive deal between PE backed Sarovar Hotels and US-based Carlson Hotels Worldwide has ended, reports Mint. Sarovar Hotels, a budget and ......
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News Roundup: Hyatt to Form JV with Emaar MGF to Build Hotels
Hyatt to Form JV with Emaar MGF to Build Hotels - Global Hyatt Corp, the international hospitality major, plans to ......
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Ex- Lotus India AMC CEO Joins Deutsche Bank As Head Of Pvt Wealth Mgmt
Deutsche Bank has appointed Ajay Bagga, the former CEO of Lotus India Asset Management as the managing director and head of ......
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Citigroup Split Into Two: Deposit & Consumer Finance Businesses
Citigroup said it is splitting into two operating units, one of which will focus on core banking, while the other will ......
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NEA Nears Close of Its $2.5 Billion Fund
New Enterprise Associates (NEA), the US-based venture capital fund fund, is nearing a close of its $2.5 billion fund. The ......
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78 Indian PE Funds On Road To Raise $24B, Can They Close Them?
Notwithstanding the contraction of capital raising in 2008, private equity funds' interest in India is not waning. There are about ......
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Clifford Chance Ties Up With AZB & Partners In"Best Friends Agreement"
One of the world's largest law firms, UK-based Clifford Chance, has tied up with India's AZB & Partners in a ......
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News Roundup: Tata- Sasken JV Called Off
Lazard Asset LLC and Swiss Finance Sell Satyam Shares in Bulk Deals - Satyam computer services’ two major investors Lazard ......