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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 ......
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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, ......
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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 ......
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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 ......
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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 ......
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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 ......
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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 ......
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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) ......
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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, ......
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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 ......