Wachovia, one of the largest banks in the US, with an asset base of more than $700 billion, is set to diversify in India.
Armed with funds, the news broadcaster will soon make its debut in the entertainment and lifestyle genres.
In a scenario where the stock markets are being ravaged across the world, the MindTree stock which debuted on BSE on Wednesday listed at a premium of more than 40 per cent while the other stocks which opened for listing traded below the listing price
With the Cricket World Cup on the anvil, former cricketers are in business. And how.
Weston, the largest-selling colour TV brand in the mid-1980s, is making a comeback with a 21-inch flat-screen colour TV priced at Rs 5,590, roughly 40 per cent cheaper than the average market price.
Avesthagen's promoters also refute violation of non-compete clause.
Oak Hill Capital Partners, a US-based private equity firm, is understood to be working towards merging its two BPO portfolio companies, Genpact and Vertex Data Systems.
Blackstone, one of the world's largest private equity funds, is negotiating with the NDTV group for a stake in NDTV Networks, a new company, as part of an investment consortium.
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).
Closely following a top management churn, Star India's top three shows - part of the famed "K" serials - have seen their television rating points plunge 20 to 30 per cent.
It's raining written words in India as the industry rides a boom. More newspapers, magazines... and still more launches ahead.
In Tamil Nadu, Moser Baer will sell its DVDs and VCDs through 7,000 retail outlets.
In a surprise move, Star Network has appointed NDTV Media, the advertising sales company of NDTV, to sell advertising space on its online venture Indya.com for the Cricket World Cup event.
MphasiS, which recently came under the EDS fold, will be executing $250 million worth of application development and maintenance work for Vodafone over five years.
An unprecedented 740 Indian companies from industries as diverse as casting to agro-chemicals to coffee bars to regulars such as software and banking were involved in mergers and acquisitions and private equity deals worth $26.7 billion.
Jagran Prakshan Limited, publisher of Hindi daily Dainik Jagran, has rolled out its second newspaper brand, I-next, in Kanpur and Lucknow.
Most top executives of film production companies said that they would not like to sell rights of their films cheap.
United Spirits, liquor baron Vijay Mallya's Rs 3,600 crore (Rs 36 billion) firm, is set to launch feni, the famous Goan spirit, in the branded retail market by the next quarter.
In order to acquire scale, a host of news and current affairs broadcasters are looking at starting even entertainment channels.
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