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Firms take asset sale route, as going gets tough
After the acquisition spree during the ‘India Shining’ phase, home promoters are now back to investment bankers, this time to try and sell assets. The Future Group’s decision to bring in the Aditya Birla Group as an investor into its retail venture, Pantaloon, is one in a long list of such sell-off moves. In fact, Future Group founder Kishore Biyani is also known to be looking to
After the acquisition spree during the ‘India Shining’ phase, home promoters are now back to investment bankers, this time to try and sell assets. The Future Group’s decision to bring in the Aditya Birla Group as an investor into its retail venture, Pantaloon, is one in a long list of such sell-off moves. In fact, Future Group founder Kishore Biyani is also known to be looking to
Dow falls to lowest in 2012 on Greece
US stocks fell, sending the Dow Jones Industrial Average toward the lowest level on a closing basis this year, amid concern Greece may leave the euro and as Dell Inc tumbled on a disappointing
AR Rahman's Mumbai concert insured
Mumbai, May 23 (IBNS) Future Generali India Insurance Company Limited, the General Insurance company of the Future Generali JV, has been finalized to insure the concert of Oscar winning music maestro A. R. Rahman, who, along with his troupe, is set to rock Mumbaikars to his tunes at D. Y. Patil stadium at Navi Mumbai on May 26.
Mumbai, May 23 (IBNS) Future Generali India Insurance Company Limited, the General Insurance company of the Future Generali JV, has been finalized to insure the concert of Oscar winning music maestro A. R. Rahman, who, along with his troupe, is set to rock Mumbaikars to his tunes at D. Y. Patil stadium at Navi Mumbai on May 26.
European stock index futures signal lower open
PARIS, May 23 (Reuters) - European stock index futures pointed to a lower open on Wednesday, with stocks set to reverse a two-day recovery rally and track losses on Wall Street as expectation for
PARIS, May 23 (Reuters) - European stock index futures pointed to a lower open on Wednesday, with stocks set to reverse a two-day recovery rally and track losses on Wall Street as expectation for
SEC reviewing JPMorgan's filings after $2B loss
Federal regulators are reviewing what JPMorgan Chase told investors about its finances and the risks it took weeks before suffering a multibillion-dollar trading loss.
Federal regulators are reviewing what JPMorgan Chase told investors about its finances and the risks it took weeks before suffering a multibillion-dollar trading loss.
STOCKS NEWS SINGAPORE-Index futures fall 0.8 pct
0.8 percent early on Wednesday, indicating a lower start for the benchmark Straits Times Index.
0.8 percent early on Wednesday, indicating a lower start for the benchmark Straits Times Index.
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