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Hinduja Eyes Satyam; Fidelity Shores Up Stake To 7.66%

TMT

31 January, 2009

Hinduja Eyes Satyam; Fidelity Shores Up Stake To 7.66%

Hinduja Group is the latest entrant in the race to buy out fraud-hit IT major Satyam Computer Services. The Economic ......

Raghav Bahl, Hedge Funds Reach Understanding on Indian Film Co.

TMT

30 January, 2009

Raghav Bahl, Hedge Funds Reach Understanding on Indian Film Co.

The dissident shareholders of AIM listed The Indian Film Company (IFC) have reached an agreement with the company's management. According ......

Allgreen Energy To Launch 10 Biomass Plants In India

Infrastructure

30 January, 2009

Allgreen Energy To Launch 10 Biomass Plants In India

Singapore-based Allgreen Energy will launch 10 biomass based renewable energy projects in the country in the next two to three years ......

Spice Group Ready To Put $408 Million In Satyam

TMT

30 January, 2009

Spice Group Ready To Put $408 Million In Satyam

Spice Group is ready to invest about 20 billion rupees ($408 million) in Satyam Computer Services and wants to buy ......

L&T, Spice Group Keen To Acquire Satyam

TMT

30 January, 2009

L&T, Spice Group Keen To Acquire Satyam

About six to seven firms have expressed interest in buying out fraud-hit IT major Satyam Computer Services. The firms in ......

Web18 Makes Confidential Filing With SEC For Nasdaq IPO

TMT

30 January, 2009

Web18 Makes Confidential Filing With SEC For Nasdaq IPO

In an significant development, Network18 group company Web18 has made its initial steps for  an IPO in Nasdaq. Web18 is the ......

Homi Khusrokhan Tipped To Become Satyam CEO

TMT

28 January, 2009

Homi Khusrokhan Tipped To Become Satyam CEO

Homi Khusrokhan, former MD of Tata Chemicals Ltd., may be appointed as the next CEO of the troubled Satyam Computer Services. Corporate Affairs Minister Premchand ......

Norwest Invests $4.2M In Application Management Firm Appnomic

TMT

28 January, 2009

Norwest Invests $4.2M In Application Management Firm Appnomic

Norwest Venture Partners (NVP) has invested Rs 20 crore in infrastructure management services (IMS) company Appnomic Systems. Bangalore-based Appnomic Systems, ......

Satyam Board Appoints Goldman Sachs, Avendus As I-Bankers

TMT

27 January, 2009

Satyam Board Appoints Goldman Sachs, Avendus As I-Bankers

The new board of fraud hit Satyam Computer Services has appointed Goldman Sachs and Avendus as investment bankers to the ......

L&T Trebles Its Stake In Satyam To Expand Software Unit

TMT

27 January, 2009

L&T Trebles Its Stake In Satyam To Expand Software Unit

The engneering and construction firm Larsen & Toubro Ltd is looking to expand its software unit by trebling its stake ......

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