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GE Raises $3 B from Warren Buffet, To Raise $12 B More From Public

General

02 October, 2008

GE Raises $3 B from Warren Buffet, To Raise $12 B More From Public

Warren Buffet is on a deal making spree. Close on the heels of picking almost 10% stake in Goldman Sachs ......

New Shareholders Join DE Shaw, CR Intrinsic In Orient Express

General

01 October, 2008

New Shareholders Join DE Shaw, CR Intrinsic In Orient Express

More shareholders are joining hedge funds DE Shaw and CR Intrinsic in their bid to redraw Orient Express' ownership structure ......

Blackstone Hires Asia Advisory Team, Citi's Man Goes To Aviva

General

01 October, 2008

Blackstone Hires Asia Advisory Team, Citi's Man Goes To Aviva

Blackstone Hires Asia Advisory TeamThe Blackstone Group has appointed a new team of advisory professionals for the Asia region, based ......

NEA Promotes Rohini Chakravarthy To Partner

General

01 October, 2008

NEA Promotes Rohini Chakravarthy To Partner

Venture Capital firm New Enterprise Associates, Inc. (NEA), announced several promotions within the organization. The firm has promoted Harry Weller ......

Reliance Money Gets Regulatory Nod To Pick Up 10% Stake In NMCE

General

01 October, 2008

Reliance Money Gets Regulatory Nod To Pick Up 10% Stake In NMCE

Anil Ambani's Reliance Money has picked up a 10% stake in the third largest commodity exchange in the country, National ......

Tata Capital To Pick Up 20% In International Asset Reconstruction Co

General

01 October, 2008

Tata Capital To Pick Up 20% In International Asset Reconstruction Co

Tata Capital, a wholly owned unit of Tata Sons is picking up a 20% stake in International Asset Reconstruction Company ......

Jagdish Khattar's Carnation Gets Rs 108 Cr From Premji, IFCI VC Arm

General

01 October, 2008

Jagdish Khattar's Carnation Gets Rs 108 Cr From Premji, IFCI VC Arm

PremjiInvest and IFCI Venture Capital are investing Rs 108 crore ($23 million ) in Carnation Auto, a company floated by  former managing ......

Temasek Buys Up More Merrill Shares; Owns 13.7% Now

General

01 October, 2008

Temasek Buys Up More Merrill Shares; Owns 13.7% Now

As the markets have been tanking globally, Singapore sovereign wealth fund Temasek Holdings Pte. Ltd. has reportedly been bargainhunting. Temasek has increased ......

US Senate To Vote On Bailout Plan Wednesday

General

01 October, 2008

US Senate To Vote On Bailout Plan Wednesday

In the midst of hectic parleys between US lawmakers to muster support for the $700-billion financial sector bailout plan, the U.S. ......

The US Financial Crisis: Impact On The Indian IT Sector

General

15 October, 2008

The US Financial Crisis: Impact On The Indian IT Sector

The current US financial crisis has been variously compared with the 1907 banking/credit crisis, the Great Depression and the dotcom ......

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