Deal Junction
Mergers and Acquisitions, Private Equity, Investment Banking, Capital Markets news from India
Monday, December 29, 2008
Top banks, PNB, BOB, cut interest rates
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Come January 1 2009 and two leading public sector lenders Punjab National Bank and Bank of Baroda will reduce their prime lending rate by 50...
Friday, December 26, 2008
LIC raises stake in HDFC Bank to over 5 per cent
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Country's largest insurer Life Insurance corporation of India has increased its stake in HDFC Bank to over five per cent following acqui...
Swiss Finance Corp raises its stake in Amtek Auto to 8%
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Mauritius-based Swiss Finance Corporation (SFC) has bought an additional 4% stake in Amtek Auto through open market purchases.The foreign in...
Petrol begins to flow from RPL's refinery
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Reliance Petroleum (RPL), a subsidiary of Reliance Industries, commissioned its 27-million tonne export refinery in Jamnagar on Thursday, pu...
Fortis Healthcare to raise Rs 1,000 crore through rights issue
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Fortis Healthcare CEO & MD Shivinder Singh on Christmas day announced plans to raise Rs 1,000 crore through a rights issue. The money wo...
Cholamandalam DBS to raise Rs 300 cr via preference shares
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Cholamandalam DBS said its founders including EID Parry, Coromandel Fertiliser Ltd and DBS Bank would subscribe to 10 million convertible sh...
Wednesday, December 10, 2008
LIC's investment in MF's rises 3 folds
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After banks, it’s the country’s largest insurer Life Insurance Corporation of India (LIC) that has come to the aid of cash-strapped mutual f...
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