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Lok Capital Invests Rs 4 Cr In Bhubaneshwar MFI
Microfinance sector focused Lok Capital LLC has invested Rs 4 crores in Jagannatha Financial Service Ltd (JFSL). JFSL is a ......
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U.S Agrees To Rescue An Ailing Citigroup
Troubled banking giant Citigroup and the US Government have reached an agreement on the bailout of the bank, reports the Wall Street ......
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Blackstone Prunes Asia Hedge Fund Size To $200m From $1b
The Blackstone Group is drastically scaling back its planned Asia-focused event-driven hedge fund.The alternative investments giant originally planned for an ......
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News RoundUp: Govt. Mulls Allowing FDI in Investment Companies
RFCL’s Mallinckrodt Baker Acquisition Getting Delayed: RFCL’s plans to acquire the US-based speciality chemicals maker Mallinckrodt Baker is is facing ......
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Citi Sacks 37 Senior Execs; May Lay Off 1,000 In India
Troubled banking giant Citigroup has sacked over 37 officials in India as the bank has announced 50,000 more job cuts ......
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Indiabulls Intends To Covert Into A Bank
Indiabulls Financial Services is planning to become a bank as and when the government rules permit. Gagan Banga, chief executive...
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News Roundup: UK Co Buys Infovision BPO For $75m, RIL Raises Rs 2k Cr
Citi India Sacks Senior Staff - The troubled banking giant has sacked around 37 officials, which constituted mainly of senior ......
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Religare, Aegon End Asset Management Joint Venture
Religare and Dutch financial services major Aegon have decided to part ways in their asset management joint venture in India, ......
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Motilal Oswal Hires Rakesh Sony As Director, Private Equity
Financial services company Motilal Oswal Financial Services Ltd has appointed Rakesh Sony as director of its private equity business. Motilal ......
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Bangalore MFI Ujjivan Raises Rs 94 Crore From Unitus, Others
Looking at the amount of money MFI's (microfinance institutions) are raising even in the current downturn, it indeed appears that the ......
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