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Modi@1: The PM is wasting away great power

Narendra Modi is squandering a mandate for change on feeble, unimaginative incrementalism. May 16, 2014, was supposed to be a watershed. As the results rolled in, and all of north and west India......

113 per cent surge in corruption complaints: CVC

There has been a quantum jump in the number of complaints of corruption received by the Central Vigilance Commission last year as against those in 2011. The chief vigilance officer, who acts as......

Lokpal Bill: Anna cries betrayal, Opposition sees red

Accusing the government of going back on its assurances to give a strong Lokpal Bill, anti-corruption activist Anna Hazare on Friday threatened to start another country-wide agitation to achieve......

CVC detects Rs 1,000 cr tax evasion in CWG projects

The Central Vigilance Commission has detected tax evasion of about Rs 1,000 crore by government departments and private companies in carrying out Commonwealth Games-related works. Vigilance......

Firms made fraudulent claims to get coal blocks: CBI

The Central Bureau of Investigation has alleged that some companies which were allotted coal blocks between 2006 and 2009 had "misrepresented" facts and made "fraudulent" claims to "embellish"......

Citigroup VC may invest $15 mn in AnandRathi

Citigroup Venture Capital (CVC) is in talks to acquire 10-15 per cent stake in AnandRathi Securities, the Mumbai-based securities and wealth management firm, for nearly Rs 70 crore ($15 million).......

It's time we stop over-dependence on 'fickle FIIs': Parekh

Raising concern about over-dependence of Indian capital markets on foreign institutional investors, eminent banker Deepak Parekh has said that something needs to be done to change this pattern.......

Why the govt should give greater autonomy to public banks

The market can become more supportive of PSU banks provided the government improves their management and governance, says Rajiv Lall. Finance Minister Arun Jaitley is reported to have said that he......

Corruption complaints: Railways is No.1

Over 8,800 complaints of alleged graft against railway employees were received by the Central Vigilance Commission last year. A total of 8,805 complaints of alleged corruption were received......

Govt to introduce plastic notes

The government said on Friday it has decided to introduce 100 crore polymer bank notes in denomination of Rs. 10 on trial basis.It will be on field trial basis at five locations in the country,......

Liberty, Discovery seek 49 per cent stake in Formula One?

Liberty Global and Discovery Communications have made a joint approach to CVC Capital about buying a 49 percent stake in Formula One, the Telegraph reported, without citing sources. The talks are......

Blackrock, others buy $1.6 bln stake in Formula One

Private equity firm CVC Capital has sold a $1.6 billion stake in Formula One to three investors including BlackRock ahead of the motor racing company's planned $3 billion initial public offering in......

F1 stake sale ends unhappy bond

Formula One's biggest shareholder, German bank BayernLB, sold its stake in the business to CVC Capital Partners, ending a feud with co-owner Bernie Ecclestone over the world's top motor-racing......

Three parties interested in buying Formula One, says boss

A race queen stands next to a Ferrari Formula One car at the pit. Photograph: Kim Kyung-Hoon/Reuters Formula One could have new owners by the end of the year with three parties currently......

'If F1 continues on its current path, it is headed for a major crisis'

(from left to right) Real Madrid footballer Cristiano Ronaldo, Fernando Alonso of Spain and McLaren Honda, model Cara Delevingne and Jenson Button of Great Britain and McLaren Honda in the pitlane......
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DayNine Continues European Expansion With German Office

From the Wires Appoints Former Siemens AG and Unify Executive as New Country Manager of DACH to Support Ongoing Customer Momentum Dec. 1, 2015... ...
Forget Going Public, U.S. Companies Want to Get Bought

By Telis Demos And Corrie Driebusch U.S. companies are now dropping initial public offerings and selling themselves at the highest rate in three... ...
Two-decade Pfizer mission pays off for Guggenheim's deal king

LONDON/NEW YORK Alan Schwartz knows how to play a long game. The executive chairman of boutique investment bank Guggenheim Partners spent... ...
Private equity goes bargain-hunting in Norwegian oil sector

* Investors see value in Norwegian oil fields * Many assets available thanks to tumbling oil prices * Buyers stand to benefit if oil prices... ...
Sanjeev Balyan office's second email

Sanjeev Kumar Balyan A day after The Indian Express reported that the office of Minister of State for Agriculture Sanjeev Kumar Balyan had sent an... ...

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