Soros has bid for the BSE stake, held by the embattled Dubai Financial Group LLC, through Soros Fund Management LLC, and Kaiser has done so through private equity fund, Argonaut.
George Soros, global financial investor and one of the world's richest men, on Tuesday cautioned India against going for full float of rupee and said the government should prevent the economy from getting overheated.
With billionaire Gautam Adani charged in the United States with alleged bribery and fraud, the Congress on Thursday said it 'vindicates' its demand for a Joint Parliamentary Committee investigation into the various 'scams' involving his conglomerate.
The price of spot gold has fallen nearly 6 per cent so far in 2013.
The real economy, he said, is now going to enter into quite serious recession, "But if you do the right things, then you could see how you could come out of that recession." In an interview with ABC News, he agreed that the United States would have less power in the world and perhaps American citizens would have less money in the pocket as a result of the crisis.
The fellowship, open to resident aliens, naturalised US citizens, and first generation Americans who have completed or are about to complete undergraduate degrees, will support each student for up to two years of graduate study.
The BJP won 74 seats in the 147-member Odisha assembly and was leading in four more seats, the Election Commission of India.
Even as the economic crisis ravages global markets, the two billionaires are making investments in firms from America to Australia. According to reports, Soros snapped up a five per cent stake in Australian firm Sphere Investments. In October, he acquired over five per cent of Australian mining firm Legend International. Buffett has bought preferred shares worth $ 5 billion from Goldman Sachs. In addition, he has acquired preferred stocks worth $ 3 billion dollars in GE.
The Soros Economic Development Fund, Omidyar Network, and Google.org on Wednesday said they are working together to create a new $17 million small to medium enterprise investment company for India in Hyderabad to create job opportunities.
Star debater, trailblazing athlete and Harvard medical student. Sana Raoof learnt from her immigrant family to be the best in whatever she does. Arthur J Pais finds what inspires this newly minted Soros Fellow.
US-based billionaire's $100 million buy values the Anil Ambani company at $3 billion.
Aspada Investment Company received the $10 million commitment from the SEDF and will in turn make education, healthcare, and financial services more accessible to low- income people in India and would also invest in agricultural supply chain companies in an effort to support small holder farmers, a company statement said.
The letter comes after a report by the London-based Financial Times, citing documents from George Soros-backed Organized Crime and Corruption Reporting Project (OCCRP), alluded to a "fraud" by the Adani Group by selling low-grade coal as high-value fuel in 2013.
Donald Trump on Thursday became the first former United States president to be convicted of a felony as a grand jury in New York found him guilty on 34 counts of falsifying business records.
Adani Group's market capitalisation on Wednesday regained $200 billion-mark (Rs 16.9 lakh crore) after its listed firms gained Rs 11,300 crore as investors reposed faith on the company denying any wrongdoing in supply of coal to Tamil Nadu power company. With Rs 11,300 crore gain on Wednesday, the apples-to-airport conglomerate gained Rs 56,250 crore in market capitalisation in the last two trading sessions, stock exchange data showed.
The poster showed Gandhi with several heads, with the title "Bharat Khatre Mein Hai - A Congress party production. Directed by George Soros".
Quantum (M) has acquired three lakh shares representing 1.18 per cent stake worth Rs 112.35 crore (Rs 1.12 billion) in the company by private placement of shares, Educomp said in a disclosure to the Bombay Stock Exchange. Prior to the acquisition the foreign fund held 4.79 per cent stake, which increased to 5.97 per cent comprising 11.29 lakh shares in the IT education services provider.
The Balasore district hospital and Soro hospital, where the injured have been rushed after a triple train accident, are bursting at their seams as the huge flow of patients has crammed up every room, with patients spilling onto corridors.
Hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based 'opaque' investment funds by partners of promoter family, the Organised Crime and Corruption Reporting Project (OCCRP) alleged on Thursday. The fresh allegations by an organisation funded by likes of George Soros and Rockefeller Brothers Fund come months after a US short seller wiped away close to $150 billion in value of Adani group stocks with allegations of accounting fraud, stock price manipulation and improper use of tax havens by the ports-to-energy conglomerate run by billionaire Gautam Adani. Adani group has denied all allegations. Citing review of files from multiple tax havens and internal Adani Group emails, OCCRP said its investigation found at least two cases where the "mysterious" investors bought and sold Adani stock through such offshore structures.
Reliance Communications is in discussions with American billionaire and financier George Soros to raise funds for the Hutch-Essar acquisition.
Americans from across all 50 states donated to President Trump's campaign within the first five hours of the "sham indictment", the statement said.
The Organised Crime and Corruption Reporting Project (OCCRP) on Thursday trained its guns on the Adani Group, alleging hundreds of millions of dollars were invested in publicly traded group stocks through Mauritius-based 'opaque' investment funds managed by partners of promoter family, charges the conglomerate denied vehemently.
The Central Bureau of Investigation on Friday took into custody three railway personnel in connection with the June 2 Balasore train accident, making its first arrests in the case, officials said.
According to Chief Secretary P K Jena, some bodies were counted twice.
As the train which started from Howrah slowed down as a mark of caution running across freshly repaired tracks, a few muttered 'Jagannath, Jagannath', the name of the presiding deity of Puri, the destination of the train, but most were too stunned to speak.
He may have spent his entire adult life in diplomacy, but doctorate in nuclear physics Subrahmanyam Jaishankar's face betrays both fusion and fission of his moods.
Glimpses from the first State dinner at the White House in the Biden administration.
Three members of the same family survived the horrific train accident in Odisha's Balasore and returned to their home in West Bengal.
Another woman from Malda district said that her son was killed in the accident.
The complaint was lodged by the Karnataka Pradesh Congress Committee member Ramesh Babu in connection with a tweet posted by Malviya.
With the general election campaign less than six months away, the BJP has more to think about than it had on the eve of 2019. It's the states that will be robbing BJP strategists of their sleep at this point, not the Lok Sabha, asserts Shekhar Gupta.
Two days after one of India's worst train accidents at Bahanaga Bazar in Odisha's Balasore district, two railway tracks have been made fit to carry trains after bulldozers and cranes removed capsized coaches on the main trunk line connecting eastern and southern India.
The challenge is to enhance opportunities for people to generate livelihoods through entrepreneurship, both big and small, argues R Jagannathan.
"Modi ji should apologise. There is no question of our apologising," he added.
His advice was to always start with small positions because we are bound to make mistakes; and remain humble because the markets can be merciless, remembers Debashis Basu.
Talking to reporters at the accident site, he said the issue is of electric point machine, a vital device for railway signalling, and electronic interlocking.
Railway officials also indicated that possible 'sabotage' and tampering with the electronic interlocking system, which detects the presence of trains, led to the Friday accident.
Indian industry's doyen Jamsetji Tata has emerged as the biggest philanthropist globally in the last century by donating $102 billion, as per a list of top-50 givers prepared by Hurun Report and EdelGive Foundation.' Tata, the founder of what has now become a group spanning interests from salt to software, is ahead of others like Bill Gates and his now estranged wife Melinda who have donated $74.6 billion, Warren Buffet ($37.4 billion), George Soros ($34.8 billion) and John D Rockefeller ($26.8 billion), the list showed.
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