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FT, MCX to exit Dubai Gold, Commodity Exchange
Mumbai :: India | 12 days ago
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Middle East's largest bourse, will sell their 44 per cent stake in the exchange, three people with direct knowledge of the development said...An FT spokesperson said they will not comment on market speculation. Rs 60 crore) and later another 5 per
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M&M to acquire 26% stake in defence JV with BAE Systems
Bae :: Indonesia | 3 months ago
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Mahindra and Mahindra today said it will acquire 26 per cent stake in its defence joint venture with BAE Systems, ending their three-year old partnership...Mahindra Defence Systems-- a part of the Mahindra and Mahindra group -- has 74 per cent stakes
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Jet Airways-Etihad deal likely next month
New Delhi :: India | 4 months ago
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E tihad Airways is expected to conclude a deal with Jet Airways [ Get Quote ] next month to pick up 24 per cent stake in India's second largest carrier by market share. Sources said there was a broad agreement between both sides on various issues,
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Qatar Petroleum keen to buy stake in Petronet LNG
New Delhi :: India | 5 months ago
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Qatar Petroleum has expressed interest in buying a 5.2 per cent stake in Petronet LNG Ltd , a potentially conflict of interest proposition as it will give the gas supplier a vantage position in India's largest fuel importer. Qatar Petroleum, the
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NMDC disinvestment likely by mid-Dec
New Delhi :: India | 6 months ago
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We hope to raise Rs 7,500 crore via 10 per cent share sale in it," Steel Secretary D R S Chaudhary said on the sidelines of inaugural function of steel pavellion in the India International Trade Fair here. Oil India by end December, which may fetch
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Birlas take control of MF venture with Sun Life
Mumbai :: India | 7 months ago
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T he Aditya Birla group, led by Kumar Mangalam Birla, has taken charge of its mutual fund joint venture with Sun Life Financial of Canada [ Images ] by buying 1 per cent stake from the latter. The Birlas will now own 51 per cent stake in Birla Sun
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Money, politics and fear: What the BAE-EADS fiasco says about Europe
Eads :: CO :: USA | 7 months ago
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Deals Aerospace Reuters Video Aerospace But the merger was doomed the moment it was conceived and it was euthanized on Wednesday...The rights and independence of the executives and the shareholders were quickly buried under an avalanche of fears
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Maybank unlikely to buy Bank of Ayudhya stake
Bangkok :: Thailand | 8 months ago
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Analysts said that Maybank would be "better off" with an outright purchase of an entire bank. "We gather that the 25.3 per cent stake currently owned by General Electric Co (GE) may not allow Maybank to assume absolute control of the Thai bank," said
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Diageo gets a taste for Indian whisky
Bangalore :: India | 8 months ago
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News in pictures Paul Walsh, chief executive of the world's biggest drinks company, makes no secret of his passion for hunting game on his 2,400-acre estate in South Africa. So it should really have come as no surprise when Diageo finally admitted
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Vedanta?s offer for stake in HZL, Balco to be vetted by IMG
New Delhi :: India | 8 months ago
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New Delhi, September 11, 2012 Vedanta's offer to buy out government stakes in Hindustan Zinc and Balco will now be vetted by an inter-ministerial group before being put up to the Cabinet for nod, a senior government official said on Tuesday. The
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