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News Roundup: Sabarmati Gas to Sell 50% Stake for Rs 80 Crore

General

02 June, 2009

News Roundup: Sabarmati Gas to Sell 50% Stake for Rs 80 Crore

GM Files Bankruptcy to Spin Off More Competitive Firm - General Motors Corp, the world’s largest carmaker until its 77-year ......

Spice Finance, Singapore's 3 Degrees To Launch $100M Distressed Fund

General

01 June, 2009

Spice Finance, Singapore's 3 Degrees To Launch $100M Distressed Fund

B K Modi group has entered the private equity space. The Delhi-based business group promoted Spice Finance has entered into a ......

Sanmar Speciality Chemicals Sells Intec Division To Dorf Ketal

General

01 June, 2009

Sanmar Speciality Chemicals Sells Intec Division To Dorf Ketal

Sanmar Speciality Chemicals Limited (SSCL) has sold its Intec business division to Dorf Ketal, a leading speciality chemicals company headquartered ......

News Roundup: Panoramic to Raise Up to Rs 100 Crore Via Stake Sale

General

01 June, 2009

News Roundup: Panoramic to Raise Up to Rs 100 Crore Via Stake Sale

RBI to Let SBI Guarantee Tata Motors Debt Issue - The Reserve Bank of India (RBI) will allow the State ......

Cobra Beer's UK Unit Sells Majority Stake To Molson Coors

General

31 May, 2009

Cobra Beer's UK Unit Sells Majority Stake To Molson Coors

Finally Cobra Beer's UK operations have been sold off to Molson Coors, the American brewer behind the Carling and Worthington brands, which will ......

BCCL Picks Up Stake in Himalya International

Others

30 May, 2009

BCCL Picks Up Stake in Himalya International

Bennet and Coleman Co Ltd. (BCCL), the publishers of The Times of India and Economic Times, has picked up a ......

News Roundup: JSW Steel To Raise $1 Billion Through QIP, FCCB Issue

General

29 May, 2009

News Roundup: JSW Steel To Raise $1 Billion Through QIP, FCCB Issue

Novartis Hikes Offer Price to Rs 450  - Switzerland-based Novartis AG, the parent company of Novartis India, has formally revised ......

News Roundup: Swiss Re, Religare in JV Talks

General

28 May, 2009

News Roundup: Swiss Re, Religare in JV Talks

Swiss Re, Religare in JV Talks - Swiss Re, the world’s second-largest reinsurer, is in talks with New Delhi-based Religare ......

News Roundup: Unitech Sells Under-Construction Hotel For Rs 200 Crore

General

27 May, 2009

News Roundup: Unitech Sells Under-Construction Hotel For Rs 200 Crore

Unitech Sells Under-Construction Hotel For Rs 200 Crore - Unitech Ltd, the country’s second-largest real estate developer, has sold its ......

Canaan Appoints Yahoo Exec As Entrepreneur-in-Residence

TMT

27 May, 2009

Canaan Appoints Yahoo Exec As Entrepreneur-in-Residence

Venture capital fund Canaan Partners has appointed former Yahoo and Syamtec executive Sharad Sharma as an entrepreneur-in-residence. Sharma earlier led ......