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Chennai's Madura Microfinance Raises Rs 22 Cr From Unitus Equity

General

13 October, 2008

Chennai's Madura Microfinance Raises Rs 22 Cr From Unitus Equity

Chennai-based Madura Micro Finance Limited (MMFL) has raised Rs 22 crore from the private equity investment firm Unitus Equity Fund ......

Sequoia Paints Doomsday Scenario, Patricof Tells Not To Panic Yet

General

11 October, 2008

Sequoia Paints Doomsday Scenario, Patricof Tells Not To Panic Yet

This may be shocking and a bit unsettling if you are an entrepreneur. The reality has started biting venture funds, ......

Samena Capital Adds Five Members To Investment Team

General

10 October, 2008

Samena Capital Adds Five Members To Investment Team

Samena Capital, an investment management group focusing on principal investments on the Subcontinent, Asia, Middle East and North Africa has ......

All Eyes On G7 As Markets Take Fright

General

10 October, 2008

All Eyes On G7 As Markets Take Fright

The world's economic powers faced huge pressure on Friday to contain the financial crisis as panic selling swept through European ......

RBI Cuts CRR By 150 BPS; FinMin Forms Panel To Review Liquidity

General

10 October, 2008

RBI Cuts CRR By 150 BPS; FinMin Forms Panel To Review Liquidity

In a follow on measure, Reserve Bank of India has cut the cash reserve ratio (CRR) by 150 basis points ......

Deutsche Bank Appoints Munish Varma as Head of Global Markets

General

08 October, 2008

Deutsche Bank Appoints Munish Varma as Head of Global Markets

Deutsche Bank has announced it has appointed Munish Varma as Head of Global Markets India, effective immediately. In his new role, Varma ......

Fed Announces Co-ordinated Rate Cut: Central Banks Cut Rates Worldwide

General

08 October, 2008

Fed Announces Co-ordinated Rate Cut: Central Banks Cut Rates Worldwide

The fury with which global equity markets have sold off in recent weeks and the worsening condition of the financial ......

Reliance Money May Buy 16% More In NMCE

General

08 October, 2008

Reliance Money May Buy 16% More In NMCE

Reliance Money may get approval to buy an additional 16% stake in National Multi Commodity Exchange of India Ltd (NMCE) ......

UK Bailout Plans Unveiled: To Buy Into Large Banks

General

08 October, 2008

UK Bailout Plans Unveiled: To Buy Into Large Banks

Just after the U.S. Congress passed a $700b bailout bill last week aimed at restoring confidence in the financial system, ......

PremjiInvest Picks Up 3% Stake In National Stock Exchange

General

08 October, 2008

PremjiInvest Picks Up 3% Stake In National Stock Exchange

Azim Premji's private equity firm PremjiInvest has picked up a 3% stake in National Stock Exchange for $100 million. The ......

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