Nimesh Sharma
General
News RoundUp: IDFC Eyes 35% in GE Arm; Interest on FCCB Taxable
M&AsIDFC Eyes 35% In GE’s Construction Equipment Biz: Infrastructure Development Finance Company (IDFC) is in negotiations with GE Commercial Finance, ......
General
RBI Cuts CRR by 100 Basis Points; Cuts Repo Rate by 50 BPS
In a step that would further infuse Rs 40,000 crore into the system, India's central bank Reserve Bank of India has cut ......
General
News Round Up: NBFCs Can Raise $10Mn in Forex; Adlabs To Demerge Radio
M&AsPTC Mulls Stake Buy In Power Gen Projects: State-owned power trading company PTC India is eyeing picking up stakes in ......
General
News RoundUp: AmEx LaysOff 7000; Godrej To Sell Stake in Hicare
Global EconomyJapan PM Announces $ 277 Bn Stimulus Package: Japan's Prime Minister Taro Aso has announced a $ 277 bn ......
General
Lehman Blow: Shuaa Capital Reports Net Loss Of $ 101 Mn
Dubai based investment bank and private equity firm Shuaa Capital, which has an investment in India's Edelweiss Capital, has reported ......
Infrastructure
Gayatri Infra Board Approves Rs 100 Crore PE Funding From AMP Capital
Gayatri Projects Ltd. (GPL) has announced that its board has approved a private equity funding of Rs 100 cr in ......
General
News RoundUp: SEBI Hikes Promoters' Stake Limit; BPCL To Sell Water
PolicySEBI Hikes Creeping Acquisition Limit: SEBI has allowed promoters to buy up to 5% shares of their own company every ......
Others
Anand Jain's Firm Buys 7% in Blackstone Controlled Gokaldas Exports
Anand Jain, chairman of Jai Corp Ltd. and a confidante of Reliance Industries chairman Mukesh Ambani, has bought 6.64% equity ......
General
News Round Up: SBI, IFC Ink JV For Infra PE; Chola DBS CEO To Resign
SBI Forges JV With IFC, Macquarie For PE Fund: State Bank of India (SBI) has signed a JV with Macquarie ......
TMT
Mobile Beats Slowdown, Adds 10M Mobile Subscribers In September
Even though consumer spending has taken a knock, Indian mobile engine seems to be growing at a frenetic pace. The Indian mobile ......