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Brace For The Collapse: House Rejects $700-B Bailout Plan
This is not exactly great news for the financial markets worldwide. The $700-billion bailout plan envisaged by the Bush Administration ......
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Mitsubishi UFJ To Invest $9B In Morgan Stanley For 21% Stake
Japan's Mitsubishi UFJ Financial Group is investing $9 billion in Morgan Stanley. The two firms reached an agreement in which ......
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Quadrangle Sets Up An Asia Office; Upbeat On India
The financial carnage that ripped apart U.S. financial markets leading to a string of bailouts and bankruptcies, have led many ......
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Citigroup Buys Wachovia Corp
Citigroup Inc. will acquire the banking operations of Wachovia Corp, the troubled Charlotte, N.C.-based bank, reports Marketwatch, quoting the press ......
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Who Is Selling And Who Is Buying In This Market?
Morgan Stanley may have managed to escape the fate of Lehman Bros (and the hush-hush sell-out of Merrill Lynch), atleast till ......
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News Roundup: Infy Counter-Offer Maybe At 720p, Sanghi Group To Split
Mergers & AcquisitionsInfosys counter Offer May Be At 720 Pence - Infosysmay come up with a one-time offer to surpass ......
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J.P. Morgan & Chase Announces $10 Billion Capital Raise
JPMorgan Chase & Co. announced that it intends to offer $10 billion of its common stock for sale to the ......
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Avigo To Close Third Fund of $300M By Year End; IFC To Invest $30M
International Finance Corporation (IFC) is planning to commit $30 million in Delhi-based private equity fund Avigo Capital Partners. Avigo, which is focused ......
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Mayfield Closes Fund XIII At $395 Million
US-based venture capital firm Mayfield Fund has closed a $395 million fund, which is its XIII Fund. The target for ......
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Deal Slowdown: 3i Group Cuts Investments By 40%
Slowdown has started hitting the dealflow. British private equity group 3i Group Plc has already cut down its investments by 40% ......
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