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Tata Motors Owes Rs 1,200 Cr To Vendors
India's automotive giant Tata Motors has encountered problems in paying suppliers and vendors more than Rs 1,200 crore in unpaid ......
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Diageo May Take Over 15% In Vijay Mallya's USL
World's largest spirits maker Diageo maybe looking to acquire more than the earlier reported 15% stake in Vijay Mallya's United ......
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JAFCO Asia, VenturEast To Invest $12.7M In Si2 Microsystems
Tokyo-based venture capital firm JAFCO Asia along with domestic VC firm VenturEast may invest Rs 62.3 crore ($12.7 million) into ......
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India To Grow In Excess Of 7% This FY - Trade Minister
The Indian economy will grow in excess of 7 percent in the current fiscal year, Trade Minister Kamal Nath said ......
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FIPB Approves GeoPost's Acquisition of Continental Air Express
Can government owned economic organisations of two separate countries play in the same market? The Foreign Investment Promotion Board (FIPB), ......
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Sterlite, Grupo Mexico Eyeing Asarco At Rock Bottom Valuations
The plot for acquisition of bankrupt copper producer Asarco LLC gets thicker. India's Sterlite Industries may be still interested in acquiring bankrupt ......
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Hit By Cash Crunch, Subhiksha To Shut Down 160 Stores In India
Private equity backed retail chain Subhiksha is planning to shut around 10% of its 1600 stores across India, reports The Economic ......
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Glam Media Acquires Mumbai-based AdaptiveAds
Glam Media, an advertising and publishing network for women, has acquired San Francisco and Mumbai-based AdaptiveAds. The acquired company serves ......
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Lanxess Mulls Buying Gwalior Chemical Indus, Indian Companies
Lanxess could buy Indian peer Gwalior Chemical Industries Ltd. or another small or mid-sized company on the subcontinent, a person ......
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French Stationery Firm Acquires 40% in Cello For $160 Million
French stationery maker BIC Group has acquired a 40% stake in India's Cello Group for $160 million (Rs 790 crore). ......
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