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Infosys Co-founder Narayana Murthy Turns Investor
NR Narayana Murthy, the co-founder and chief mentor of Indian IT giant Infosys Technologies, is donning a new hat as ......
Infrastructure
Private Equity, Hedge Funds Invest in Unitech's $325 Mn QIP
India's second-biggest real estate developer Unitech Ltd has raised $325 million through qualified institutional placement (QIP) issue. The funds have ......
General
News Roundup: Redevco May Invest Rs 300 Cr in Sobha Developers
Nokia and HCL Form JV for Direct Sales - Nokia has entered into a joint venture (JV) with HCL Infocomm ......
Infrastructure
Suzlon's Ever Increasing Woes, Looks To Siva For Rs 400 Crore
Indian wind turbine maker Suzlon Energy is negotiating with C. Sivasankaran, the NRI investor to raise nearly $80.5 million to ......
General
JP Morgan Reports Net Income Of $2.14 bn, Beat Street View
JPMorgan Chase says it earned $2.4 billion, or 40 cents a share beating the analysts estimates of 30 cents a ......
General
Wadias Buy Danone's Stake In Britannia, Ends Partnership In India
The Nusli Wadia Group announced that it has bought its French partner Groupe Danone's equal stake in biscuit major Britannia Industries ......
General
News Roundup: Vangal in Talks to Acquire Radico Khaitan Brands
SBI to Raise Rs 70,000 Crore in 5 Years - The country’s largest bank, State Bank of India, will need ......
Infrastructure
SBI Says No To Real Estate, To Raise Rs 20,000 Cr Via Rights Issue
Adding to the woes of the real estate sector which is already reeling under credit crunch, SBI said that the ......
TMT
Tech Mahindra Raises $175 M Of Debt To Fund Satyam Acquisition
Indian software services group Tech Mahindra, which is awaiting regulatory approval to buy Satyam Computer Services, has raised $175 million through ......
General
News Roundup: Future Group to Buy 60% Stake in Ad Agency Dhar & Hoon
Race for Asarco Hots Up - The fight to take over US-based copper mining company Asarco, which had appeared to ......