percent stake

Reliance Capital to pay special dividend of 50 percent


September 10th, 2012 - 6:08 pm ICT by IANS
Mumbai, Sep 10 (IANS) Reliance Capital Monday said it will pay shareholders a special interim dividend of 50 per cent, Rs.5 per equity share of Rs.10 each, in addition to ... Read more...

Posted in Business |

Tottenham eyes bid for Brazil midfielder Ganso


September 9th, 2012 - 7:08 pm ICT by IANS
Rio de Janeiro, Sep 9 (IANS) Tottenham Hotspur is reportedly preparing a $13-million bid for Brazil international midfielder Paulo Henrique Ganso.The English Premier League club sees the 22-year-old as a ... Read more...

Posted in Sports |

LUKoil ups stake in Italian refinery


September 5th, 2012 - 3:14 am ICT by IANS
Moscow, Sep 5 (IANS/RIA Novosti) Russian oil company LUKoil has closed a deal to buy a 20 percent stake in the ISAB refinery in Sicily from Italy's ERG in a ... Read more...

Posted in World |

Reliance Capital to consider special dividend: Ambani


September 4th, 2012 - 3:12 pm ICT by IANS
Mumbai, Sep 4 (IANS) To mark 25 years of Reliance Capital, chairman Anil Ambani Tuesday said the board will consider a special dividend Sep 10 even as talks were on ... Read more...

Posted in Business |

Argentine oil firm looks to attract investors


August 31st, 2012 - 1:26 pm ICT by IANS
Buenos Aires, Aug 31 (IANS/EFE) The CEO of Argentine state-run oil firm YPF has expressed confidence in the company's future and urged multinational corporations to come on board as partners ... Read more...

Posted in Business |

Consortium to build Colombia’s largest dam


August 30th, 2012 - 11:49 am ICT by IANS
Bogota, Aug 30 (IANS/EFE) A consortium made up of Brazil's Camargo Correa S.A. and Colombian firms Constructora Conconcreto S.A. and Coninsa Ramon H. S.A. has been awarded a contract to ... Read more...

Posted in Business |

Santos rejects Sao Paulo bid for Ganso


August 22nd, 2012 - 3:19 pm ICT by IANS
Rio de Janeiro, Aug 22 (IANS) Santos confirmed it had rejected a five-million-dollar offer from Sao Paulo for Brazil international midfielder Paulo Henrique Ganso.Santos said in a statement on its ... Read more...

Posted in Sports |

Reliance Cap concludes stake sale to Nippon Life for $290 mn


August 17th, 2012 - 1:41 pm ICT by IANS
Mumbai, Aug 17 (IANS) Reliance Capital, a part of the Anil Ambani Group, Friday said it has concluded its 26-percent stake sale to Japan's Nippon Life for $290 million, pushing ... Read more...

Posted in Business |

Colombian firm makes oil find


August 17th, 2012 - 11:50 am ICT by IANS
Bogota, Aug 17 (IANS/EFE) Colombia's Ecopetrol and two US joint venture partners have discovered oil and gas at a deep-water well in the US Gulf of Mexico, the Bogota-based firm ... Read more...

Posted in Business |

Brazil says offshore find holds high-grade oil


August 15th, 2012 - 11:25 am ICT by IANS
Rio de Janeiro, Aug 15 (IANS/EFE) Preliminary drilling has confirmed that an offshore deposit discovered in March contains significant reserves of light crude, Brazilian state oil giant Petrobras said."New oil ... Read more...

Posted in Uncategorized |

Bharti Airtel mulls IPO of tower unit


August 8th, 2012 - 10:01 pm ICT by IANS
Mumbai, Aug 8 (IANS) Bharti Airtel Wednesday said it has appointed a committee of the board of directors to consider an initial public offer (IPO) for selling up to ... Read more...

Posted in Business |

Chinese airlines to buy 40 Boeing planes


August 7th, 2012 - 8:08 pm ICT by IANS
Beijing, Aug 7 (IANS) China's Xiamen Airlines has signed an agreement with American aviation giant Boeing to buy 40 737 aircraft worth over $3 billion.Xiamen Airlines is a subsidiary of ... Read more...

Posted in World |

Brazil oil giant announces new find


August 4th, 2012 - 12:31 pm ICT by IANS
Rio de Janeiro, Aug 4 (IANS/EFE) Brazilian state-controlled oil company Petrobras has announced the discovery of a new oil find at a deep-water well off the country's northeast coast.Petrobras said ... Read more...

Posted in Business |

Mahindra Satyam quarterly net profit rises 56 percent


August 2nd, 2012 - 8:33 pm ICT by IANS
Mumbai, Aug 2 (IANS) Software service provider Mahindra Satyam Thursday posted a 56 percent increase in net profit at Rs.352 crore for the quarter ended June 30 against Rs.225 crore ... Read more...

Posted in Business |

Brazilian restaurant to open branches in Mexico, Colombia


July 31st, 2012 - 12:39 pm ICT by IANS
Rio de Janeiro, July 31 (IANS/EFE) Rubaiyat, which operates three steakhouses in Brazil and one in Spain, plans to open restaurants next year in Mexico City and Bogota after selling ... Read more...

Posted in Business |

Ma Foi acquires Axis-V e-learning company


July 26th, 2012 - 12:43 am ICT by IANS
Chennai, July 25 (IANS) City-based Ma Foi Strategic Consultants operating in the field of strategic consulting, market research and management education ventured into e-learning domain by acquiring 51 percent stake ... Read more...

Posted in Business |

Chevron faces $25 mn fine for Brazil oil spill


July 20th, 2012 - 12:46 pm ICT by IANS
Rio de Janeiro, July 20 (IANS/EFE) Brazil's National Petroleum Agency said Thursday that Chevron Corp. will be fined nearly 50 million reais ($24.7 million) for an oil leak at an ... Read more...

Posted in Business |

Brazilian oil giant makes new deep-water find


July 13th, 2012 - 11:58 am ICT by IANS
Rio de Janeiro, July 13 (IANS/EFE) Brazilian state-controlled oil giant Petrobras said that it has discovered a new deep-water crude deposit.In a regulatory filing Wednesday, Petrobras said the find was ... Read more...

Posted in Business |

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 |

News Corp to be split into two companies


June 28th, 2012 - 5:37 pm ICT by IANS
London, June 28 (IANS) Rupert Murdoch's News Corporation will be split into two companies for its newspaper business and entertainment operations, it was reported here.News Corp's board voted unanimously to ... Read more...

Posted in Entertainment |

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 |

Telenor confident of roping in new partner before auction


May 31st, 2012 - 8:14 pm ICT by IANS
New Delhi, May 31 (IANS) Norwegian firm Telenor Thursday said it is confident of roping in a new partner before the 2G spectrum auction takes place."If we have to go ... Read more...

Posted in Business |

Italian firm Eni finds oil in Egypt


May 24th, 2012 - 7:17 pm ICT by IANS
Rome, May 24 (IANS) Italy's largest energy company Eni said Thursday it has made a significant discovery of around 150-250 million barrels of oil in Egypt.The oil reserves have been ... Read more...

Posted in World |

ICRA Techno Analytics to pick up majority stake in US firm


May 8th, 2012 - 7:17 pm ICT by IANS
Kolkata, May 8 (IANS) City-based software company ICRA Techno Analytics (ICTEAS) will shortly acquire the majority stake in BPA Technologies Inc, a California-based business consulting and technology services firm, ... Read more...

Posted in Business |

HAL disinvestment under consideration: Government


May 7th, 2012 - 10:58 pm ICT by IANS
New Delhi, May 7 (IANS) The government Monday informed parliament that it is considering a proposal to offload 10 percent equity in the strategically important Hindustan Aeronautics Limited (HAL), the ... Read more...

Posted in Business |

Ukraine may sell state stake in airline


May 5th, 2012 - 7:38 am ICT by IANS
Kiev, May 5 (IANS/RIA Novosti) The Ukrainian government plans to sell its stake in the country's second largest air carrier AeroSvit in 2012-2013, a government agency said.The government has a ... Read more...

Posted in World |

Renault, Russian firm set up JV


May 3rd, 2012 - 4:29 pm ICT by IANS
Moscow, May 3 (IANS/RIA Novosti) The Renault-Nissan alliance and Russian Technologies state corporation will set up a joint venture company which will have a 74.5 percent stake in Russia's largest ... Read more...

Posted in Business |

Railways to take over East-West Metro project


April 24th, 2012 - 12:07 am ICT by IANS
Kolkata, April 23 (IANS) Railway Minister Mukul Roy Monday said that Indian Railways will soon take over the East-West Metro in Kolkata which proposes to connect North 24 Parganas district ... Read more...

Posted in Uncategorized |

SC notice to government on plea against Cairn-Vedanta deal


April 23rd, 2012 - 9:41 pm ICT by IANS
New Delhi, April 23 (IANS) The Supreme Court Monday issued notice on a plea urging that the acquisition of Cairn India, which holds the nation's biggest onshore oil block, by ... Read more...

Posted in Business |

Vedanta Group’s Agnivesh picks up 60 percent stake in Primex Healthcare


April 16th, 2012 - 10:06 pm ICT by IANS
Chennai, April 16 (IANS) Agnivesh Agarwal, a member of the founding family of the $11.4 billion-turnover diversified Vedanta group and chairman of Hindustan Zinc Ltd, has picked up 60 percent ... Read more...

Posted in Health |

Telenor-Unitech case referred to international arbitration


April 12th, 2012 - 8:49 pm ICT by IANS
New Delhi, April 12 (IANS) India-based realty firm Unitech Thursday said the Company Law Board (CLB) has accepted the firm's plea to resolve its dispute with Norway-based Telenor through international ... Read more...

Posted in Uncategorized |

BHEL FPO on hold, profit rises 14.3 percent in 2011-12


April 3rd, 2012 - 7:46 pm ICT by IANS
Mumbai, April 3 (IANS) State-owned Bharat Heavy Electricals Ltd (BHEL) Tuesday said its follow on offer (FPO) for which the draft prospectus was filed with the Securities and Exchange ... Read more...

Posted in Business |

Chennai’s Shriram Housing aims big in this fiscal


March 30th, 2012 - 1:34 am ICT by IANS
Chennai, March 30 (IANS) Chennai-based Shriram Housing Finance Limited plans to grow its loan book size around Rs.340 crore this fiscal after beefing up its fund base with fresh equity ... Read more...

Posted in Business |

Income tax department attaches Unitech shares in Uninor


March 28th, 2012 - 8:48 pm ICT by IANS
New Delhi, March 28 (IANS) Mobile service provider Uninor Wednesday said the income tax department had "attached" shares owned by Unitech in its joint venture with Norway's Telenor company."Uninor ... Read more...

Posted in Business |

SJVNL aims to generate power worth Rs.1,557 crore


March 26th, 2012 - 11:10 pm ICT by IANS
New Delhi, March 26 (IANS) The Satluj Jal Vidyut Nigam Limited (SJVNL), which owns and operates India's largest hydropower project in Himachal Pradesh, Monday fixed a target to generate 7,000 ... Read more...

Posted in Business |

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