equity stake

Bajaj KTM to introduce multiple products in superbike segment


July 13th, 2012 - 12:03 am ICT by IANS
Kolkata, July 12 (IANS) Aiming to enhance its pole position in the country's premium motorcycle space, Bajaj Auto - which has a 47 percent equity stake in the Austria-based KTM ... Read more...

Posted in Business |

Etihad Airways buys stake in Virgin Australia


June 7th, 2012 - 1:35 pm ICT by IANS
Abu Dhabi, June 7 (IANS/WAM) Etihad Airways, the national airline of the United Arab Emirates (UAE), has announced it has acquired a 4.99 percent equity stake in Virgin Australia Holdings.Etihad ... Read more...

Posted in Business |

Digital media firm Trivone picks up two more portals


May 15th, 2012 - 8:36 pm ICT by IANS
Bangalore, May 15 (IANS) Emerging digital media and content firm Trivone Digital Services has acquired two more niche portals in entertainment and automobile segments for an unspecified amount to diversify ... Read more...

Posted in Business |

Partner Japan to have 26 percent stake in DMIC


April 30th, 2012 - 9:30 pm ICT by IANS
New Delhi, April 30 (IANS) India and Japan Monday held their first-ever economic dialogue and agreed to accelerate the partnership in several infrastructure projects such as the ambitious Delhi-Mumbai Industrial ... Read more...

Posted in World |

Russia, India to discuss Sistema licence during BRICS summit


March 26th, 2012 - 8:35 pm ICT by IANS
Moscow/New Delhi, March 26 (IANS) Russian and Indian leaders will discuss the issue of Sistema Shyam Telecom Ltd (SSTL), which provides services under the MTS brand but stands to lose ... Read more...

Posted in World |

Indian aviation sector in critical phase: IATA


March 15th, 2012 - 5:17 pm ICT by IANS
Hyderabad, March 15 (IANS) The situation in Indian aviation sector was critical and there is an urgent need to address the problems, the head of an international carriers' trade group ... Read more...

Posted in Business |

US venture fund invests $15 million in Indian IT firm


February 15th, 2012 - 8:48 pm ICT by IANS
Bangalore, Feb 15 (IANS) Leading US venture fund Norwest Venture Partners has invested $15 million (Rs.74 crore) in Manthan Systems for an unspecified equity stake in the Bangalore-based business intelligence ... Read more...

Posted in Business |

International hotel chains make a beeline to India


February 12th, 2012 - 1:39 pm ICT by IANS
New Delhi, Feb 12 (IANS) As the number of middle-income families going on domestic vacations and business travellers on a tight budget keeps rising, international hoteliers are rushing in to ... Read more...

Posted in Uncategorized |

Austrian firm picks up 25 percent equity stake in GP Energy


January 30th, 2012 - 8:42 pm ICT by IANS
Kolkata, Jan 30 (IANS) Gussing Renewable Energy (GRE), an Austrian renewable energy solutions company, has picked up 25 percent equity stake in city-based GP Energy, a biomass gasification systems manufacturing ... Read more...

Posted in Business |

GVK Power denies pact with Changi Airport


December 26th, 2011 - 4:34 pm ICT by IANS
New Delhi, Dec 26 (IANS) GVK Power Monday denied that it has entered into any agreement with Singapore's Changi Airport to sell a stake in its airport business."The company, in ... Read more...

Posted in Business |

SBI expects Rs.30-40 bn capital infusion soon


December 10th, 2011 - 9:57 pm ICT by IANS
Kolkata, Dec 10 (IANS) India's biggest lender, State Bank of India (SBI) Saturday said it expects a capital infusion of Rs.30 to 40 billion in December this year or ... Read more...

Posted in Business |

Volvo to invest Rs. 400 crore to expand India operations


October 13th, 2011 - 7:34 pm ICT by IANS
Bangalore, Oct 13 (IANS) Global transport solutions major Volvo AB will invest an additional Rs.400 crore ($80 million) to expand its bus manufacturing operations in India over the next five ... Read more...

Posted in Business |

UB Group sells stake in F1 team to Sahara


October 12th, 2011 - 11:59 pm ICT by IANS
New Delhi, Oct 12 (IANS) Vijay Mallya-led UB Group Wednesday sold a stake of 42.5 percent in its Formula 1 team Force India to Subroto Roy-led Sahara Group, which will ... Read more...

Posted in Sports |

Reliance Communications officials refute 2G case charges


August 12th, 2011 - 8:09 pm ICT by IANS
New Delhi, Aug 12 (IANS) Two senior officials of Reliance Group told a special court on second generation (2G) telecom spectrum case Friday that the company's holding in Swan Telecom ... Read more...

Posted in Business |

Delta invests $65 mn in Mexico’s leading airline


August 11th, 2011 - 11:54 am ICT by IANS
Mexico City, Aug 11 (IANS/EFE) Delta Air Lines will acquire a 3.5 percent equity stake in No. 1 Mexican air carrier Aeromexico for $65 million as part of a long-term ... Read more...

Posted in Uncategorized |

NPCIL tying up with state-run firms for n-power


July 22nd, 2011 - 2:19 pm ICT by IANS
Rawatbhata (Rajasthan), July 22 (IANS) The Nuclear Power Corp of India Ltd (NPCIL) plans to tie up with state-run firms like ONGC, Indian Oil and NTPC to finance upcoming nuclear ... Read more...

Posted in Business |

NTPC committed to go ahead with Bengal project


July 18th, 2011 - 7:24 pm ICT by IANS
Kolkata, July 18 (IANS) National Thermal Power Corp Ltd. (NTPC) is committed to go ahead with the Katwa mega thermal project in West Bengal for which land is yet to ... Read more...

Posted in Business |

Weinstein, fashion label Halston split?


July 17th, 2011 - 3:43 pm ICT by IANS
London, July 17 (IANS) American film producer Harvey Weinstein, who held an equity stake in fashion label Halston for several years, has reportedly parted ways with the company.The split came ... Read more...

Posted in Life Style |

Tommy Hilfiger to invest in Kors?


June 30th, 2011 - 2:07 am ICT by IANS
London, June 30 (IANS) Designer Tommy Hilfiger is reportedly planning to invest in "Project Runway" judge Michael Kors, saying it would be "crazy" not to.Hilfiger is set to join ... Read more...

Posted in Entertainment |

GAIL to form joint venture to supply gas to Karnataka


June 8th, 2011 - 10:43 pm ICT by IANS
Bangalore, June 8 (IANS) State-run Gas Authority of India Ltd (GAIL) Wednesday entered into an agreement with the Karnataka State Industrial & Infrastructure Development Corporation Ltd (KSIIDC) to form a ... Read more...

Posted in Business |

Chrysler repays $5.1 billion in TARP loans


May 25th, 2011 - 1:43 am ICT by BNO News
WASHINGTON D.C. (BNO NEWS) -- The U.S. Department of the Treasury on Tuesday announced that Chrysler Group LLC repaid $5.1 billion of its outstanding Troubled Asset Relief Program (TARP) loans.Chrysler repaid $5.1 ... Read more...

Posted in Business |

MindTree foermer co-founder floats new IT venture


April 5th, 2011 - 7:53 pm ICT by IANS
Bangalore, April 5 (IANS) Former MindTree co-founder Ashok Soota Tuesday announced setting up a new business venture - Happiest Minds Technologies Limited - to provide a slew of IT services ... Read more...

Posted in Sci-Tech |

Keith Olbermann Reportedly Joining Current TV


February 8th, 2011 - 8:39 pm ICT by GD
By Meena Kar Feb 8, (THAINDIAN NEWS) One of the most popular and celebrated television host, Keith Olbermann is reportedly planning to join current TV. He left the widely watched MSNBC show, "Countdown ... Read more...

Posted in Entertainment |

HCL to acquire 20 percent stake in Techmart Telecom


December 30th, 2010 - 7:13 pm ICT by IANS
New Delhi, Dec 30 (IANS) HCL Infosystems Limited Thursday said it has signed a share purchase agreement to acquire 20 percent stake in Techmart Telecom Distribution, a Dubai-based partner of Nokia Corporation, ... Read more...

Posted in Business |

Volvo India buys out partner in joint bus venture


December 6th, 2010 - 8:07 pm ICT by IANS
Bangalore, Dec 6 (IANS) Transport solutions major Volvo Buses India Ltd Monday announced that it has bought the 30 percent equity stake its partner Azad Coach Builders Ltd group had in the ... Read more...

Posted in Business |

Decision on Kochi IPL team deferred till Dec 5


November 28th, 2010 - 3:19 pm ICT by IANS
Nagpur, Nov 28 (IANS) The Board of Control for Cricket in India (BCCI) Sunday decided to defer its decision on the fate of the Kochi franchise for the Indian Premier League (IPL).After ... Read more...

Posted in Sports |

Bharati Shipyard to acquire Tebma Shipyard


November 23rd, 2010 - 3:26 pm ICT by IANS
New Delhi, Nov 23 (IANS) Bharati Shipyard plans to acquire 51 percent equity stake and management control in south India-based Tebma Shipyards for Rs.75.75 crore, the company said Tuesday."This significant acquisition of ... Read more...

Posted in Business |

ONGC likely to divest five percent by March 2011


November 18th, 2010 - 5:48 pm ICT by IANS
Bangalore, Nov 18 (IANS) State-run Oil and Natural Gas Corporation (ONGC) is likely to divest five percent of its equity stake by March 2011 through a follow-on public offer (FPO), a ... Read more...

Posted in Business |

Indian Sukhoi jets to have indigenous flight display system


October 20th, 2010 - 9:17 pm ICT by IANS
Bangalore, Oct 20 (IANS) Russian-designed Sukhoi fighters (Su-30MKI) with the Indian Air Force (IAF) will soon have in their cockpit an indigenous multi-functional display system manufactured by Samtel in a joint ... Read more...

Posted in Business |

Sahara confirms MGM rescue bid


September 21st, 2010 - 1:55 am ICT by IANS
Los Angeles, Sep 21 (DPA) Indian conglomerate Sahara India Pariwar has confirmed its bid to rescue debt-laden MGM, the fabled Hollywood studio behind classics such as "James Bond" and "Gone With The ... Read more...

Posted in Entertainment |

R-COM revenues up, but profit down on forex adjustments


August 13th, 2010 - 7:41 pm ICT by IANS
Mumbai, Aug 13 (IANS) Reliance Communications (R-COM) Friday reported a marginal rise in its revenues for the first quarter of 2010-11 at Rs.5,109 crore, against Rs.5,093 crore for the quarter ended March ... Read more...

Posted in Business |

Infosys Murthy’s son Rohan to wed TVS Venu’s daughter


August 7th, 2010 - 7:54 pm ICT by IANS
Bangalore, Aug 7 (IANS) N.R. Rohan Murthy, son of Infosys Technologies Ltd chairman N.R. Narayana Murthy and Sudha Murthy will soon marry Lakshmi, daughter of TVS Motor Company chairman Venu Srinivasan and ... Read more...

Posted in Health Science |

BHEL wins Rs.60-billion order from Karnataka Power Corp


August 2nd, 2010 - 9:54 pm ICT by IANS
Bangalore, Aug 2 (IANS) State-run Bharat Heavy Electricals Ltd (BHEL) bagged a Rs.60 billion (Rs.6,000 crore) order from the Karnataka Power Corporation Ltd (KPCL) for setting up a 2x800 MW thermal power ... Read more...

Posted in Business |

Reliance MediaWorks ups stake in Fame India to 15.77 percent


July 7th, 2010 - 4:26 pm ICT by IANS
Mumbai, July 7 (IANS) Reliance MediaWorks, the film and media services firm of the Anil Dhirubhai Ambani Group (ADAG), Wednesday said it has purchased an additional 0.05 percent stake in Fame India, ... Read more...

Posted in Business |

Despite weak market, Reliance Communications scrip ends higher (Roundup)


June 7th, 2010 - 5:44 pm ICT by IANS
Mumbai, June 7 (IANS) Bucking the general gloomy trend, the shares of Reliance Communications closed significantly higher on Indian bourses Monday, a day after its board approved a 26 percent equity ... Read more...

Posted in Business |

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