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Arcil To Raise $600 Mn Fund To Buy NPAs

General

19 January, 2009

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 ......

News Roundup: Jet to Raise Rs 750 Crore to Meet Working Capital Needs

General

19 January, 2009

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 ......

PE Backed Sarovar Hotels and Carlson Partnership Ends, Revenues To Dip

General

17 January, 2009

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 ......

News Roundup: Hyatt to Form JV with Emaar MGF to Build Hotels

General

17 January, 2009

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 ......

Ex- Lotus India AMC CEO Joins Deutsche Bank As Head Of Pvt Wealth Mgmt

General

16 January, 2009

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 ......

Citigroup Split Into Two: Deposit & Consumer Finance Businesses

General

17 January, 2009

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 ......

NEA Nears Close of Its $2.5 Billion Fund

General

16 January, 2009

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 ......

78 Indian PE Funds On Road To Raise $24B, Can They Close Them?

General

16 January, 2009

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 ......

Clifford Chance Ties Up With AZB & Partners In"Best Friends Agreement"

General

16 January, 2009

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 ......

News Roundup: Tata- Sasken JV Called Off

General

16 January, 2009

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 ......

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