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Exit Time: Murugappa Sells 47% In Parryware To JV Partner For $176M

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19 August, 2008

Exit Time: Murugappa Sells 47% In Parryware To JV Partner For $176M

EID Parry, a group firm of the Chennai-based business conglomerate Murugappa Group, has sold a 47 per cent stake in ......

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19 August, 2008

GE Commercial Finance Invests Rs 100 Crore In Controls & Switchgear

Controls & Switchgear Co. Ltd (C&S), a leading Indian manufacturer of power management products, has raised Rs 100 crore...

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19 August, 2008

South Indian Franchisee Of Pizza Hut, KFC In Talks With New Silk Route

Food service business is largely unaffected by recession, and a great way to ride on Indian consumption theme during good ......

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19 August, 2008

SpiceJet Gets $80 M From WL Ross & Co; Ross Upbeat About LCA Model

This just in. After weeks of hectic negotiations, Indian low cost carrier SpiceJet has raised Rs 345 crore or $80 ......

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19 August, 2008

Capt. Gopinath Seeks $50 Million For His Cargo Venture

Capt G R Gopinath, founder of India’s first and largest low cost airline Air Deccan (which he sold to Vijay ......

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19 August, 2008

Mallya Says He Is No More In Race For SpiceJet, Finds Deal Expensive

In an interesting development, the liquour-to-aviation tycoon Vijay Mallya (pictured) said he is no more in the reckoning to acquire ......

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19 August, 2008

UK's Imperial Energy Confirms ONGC's $2B-Interest

India’s state-owned oil producer ONGC is said to be in talks with British company Imperial Energy Corporation to acquire a ......

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18 August, 2008

Aditya Birla Picks Up 25% Stake In Delhi-Based Retail Chain V Mart

Private equity arm of Aditya Birla Group, Naman Investments, has picked up a 25 per cent stake in Delhi-based retail ......

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18 August, 2008

Bill & Melinda Gates Foundation Cherry Picks Trent Shares For $ 1M

The wealthiest charitable foundation in the world, Bill & Melinda Gates Foundation, can’t sometimes resist the temptations of for-profit-only investments ......

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18 August, 2008

News Analysis: SpiceJet Turns Most Wanted Airline

Global financial services firm Goldman Sachs has joined the race to pick a stake in Delhi-based low cost carrier SpiceJet. ......

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