TEAM VCC
General
ICICI Bank To Hive Off PoS Terminals
ICICI Bank, India's largest private sector bank, has altered its plans and decided to spin-off its point-of-sale (PoS) terminals firm. ......
General
News Roundup: LIC to Increase Stake in Axis Bank
Walt Disney to Hike stake in UTVi - UTV Software Communications, in which Walt Disney Company holds a majority stake, ......
TMT
Spice Withdraws From Satyam Race Citing "Lack Of Transparency"
In a development that could mar the chances for a high octane Satyam sale, the Spice Group, one of the bidders, has withdrawn from ......
General
News Roundup: Govt. Clears 26 FDI Proposals Worth Rs 1042 Crore
Govt. Clears 26 FDI Proposals Worth Rs 1042 Crore - The government today approved 26 foreign direct investment proposals that will ......
General
Daiwa, Quantum To Form Private Equity JV; To Invest In India & China
Daiwa Securities SMBC Principal Investments and Quantum Leaps will set up a private equity joint venture to invest in Japan, ......
Infrastructure
Stanchart IL&FS Asia Fund Has Second Close On $601 Million
The Standard Chartered IL&FS Asia Infrastructure Growth Fund (SCI Asia) has completed the second close of its fund at $601 ......
General
Tata Tea Acquires Stake In Russian Beverages Maker Grand
Tata Tea Ltd has set its sights on Russian beverages market. After making big ticket acquisitions in the UK and ......
General
News Roundup: Essar Oil to Buy 50% Stake in Kenya Petroleum Refinery
Virbac, Sanofi Aventis and Pfizer Eye Vetnex - Virbac, Sanofi Aventis and Pfizer, among other multinational pharma companies, have evinced ......
Healthcare
Novartis To Increase Stake To 90% In India Unit At Rs 351/share
Swiss drug maker Novartis AG has made an open offer to acquire an additional 39% stake in its Indian unit, ......
TMT
Pacnet Increased Stake In Indian Joint Venture To 74%
There is more investment coming into the telecom sector. Asian telecommunications service provider Pacnet said it has increased its stake to 74% from the ......
