minority stakes

Brazil oil field’s name changed to `Lula’

December 30th, 2010 - 11:51 am ICT by IANS
Rio de Janeiro, Dec 30 (IANS/EFE) Brazilian state-controlled energy giant Petrobras Wednesday confirmed the commercial viability of two massive offshore oil and gas fields located deep beneath the ocean floor, announcing that ... Read more...

Posted in Business |

Chile government to sell stakes in water utilities

December 23rd, 2010 - 1:46 pm ICT by IANS
Santiago, Dec 23 (IANS/EFE) Chile Wednesday announced plans to divest its minority stakes in four water utilities, saying it expects to raise some $1.6 billion from the sales.The government is looking to ... Read more...

Posted in Business |

Cash-rich Indian consortia ready to buy stakes in Oz domestic T20 teams

October 29th, 2010 - 1:08 pm ICT by ANI
Sydney, Oct. 29 (ANI): Cash rich Indian consortia have reportedly indicated a keen interest to invest in domestic Twenty20 teams in Australia, even as the Australian Cricketers' Association has come out in ... Read more...

Posted in Sports |

German energy firm to invest $133 mn in Indian power plants

April 26th, 2010 - 7:31 pm ICT by IANS
New Delhi, April 26 (IANS) Evonik Energy Services, the Indian arm of German power generation major Evonik Industries, Monday said it plans to pick up equity worth about $133 million (Euro 100 ... Read more...

Posted in Business |

Sigourney Weaver in $5m lawsuit

December 28th, 2009 - 5:52 pm ICT by ANI
New York, Dec 28 (ANI): 'Alien' star Sigourney Weaver has been dragged into a 5 million dollar court battle between two high-powered Manhattan cosmetics executives.Anthony Minuto filed the lawsuit against his former ... Read more...

Posted in Entertainment |

Trivitron to set up medical equipment park in Pune

April 25th, 2009 - 5:52 pm ICT by IANS
Chennai, April 25 (IANS) Medical equipment marketing and manufacturing firm Trivitron Healthcare Ltd is planning to set up a medical equipment park in Pune, a top official said. "It will be ... Read more...

Posted in Business |