Bernie Ecclestone rejects German firm`s allegation of corrupt F1 sale

Last Updated: Thursday, October 31, 2013, 09:37

A firm`s claim for more than USD 100 million in damages from Bernie Ecclestone relies on confessions from a banker who is a "fantasist", a lawyer for the Formula One boss argued on Wednesday.

Ghulam Nabi Azad to chair Partners in Population and Development meet in Beijing

Last Updated: Monday, October 21, 2013, 15:48

Union Health Minister Ghulam Nabi Azad will chair the 18th annual board meeting of the Partners in Population and Development (PPD) at Beijing on October 23.

Del Monte Pacific buys US canned food business for $1.7 billion

Last Updated: Friday, October 11, 2013, 13:22

Singapore-listed Del Monte Pacific Ltd will buy the canned food business of private equity-backed Del Monte Foods Consumer Products Inc for USD1.7 billion, gaining a direct presence in the key U.S. market and reuniting a substantial portion of the Del Monte brand family.

Online training firm raises $10 million venture fund

Last Updated: Friday, September 20, 2013, 17:47

Online training provider Simplilearn Friday said it has raised $10 million from two venture funds - Helion Venture Partners and Kalaari Capital - to scale its operations.

American Tower to buy Global Tower in $4.8 billion deal

Last Updated: Friday, September 6, 2013, 18:40

American Tower Corp said it would buy privately held MIP Tower Holdings LLC, the parent of telecom tower operator Global Tower Partners, in a USD 4.8 billion deal to take advantage of the roll-out of 4G wireless network in the United States.

Michael Dell hikes offer to shareholders to protect deal

Last Updated: Wednesday, July 24, 2013, 22:39

Dell Inc founder Michael Dell and private equity major Silver Lake Partners Wednesday raised their share buyback offer by 10 cents to USD 13.75 apiece to take the company private.

India tops list of Dubai's food import partners

Last Updated: Monday, July 15, 2013, 14:40

Dubai's food foreign trade increased over the past two years from Rs 782.7 billion in 2010 to Rs 929.4 billion in 2011.

Apax confident iGATE will survive Murthy-gate turmoil

Last Updated: Sunday, June 2, 2013, 14:58

PE fund Apax Partners, which has sunk in over USD 350 million in iGATE, says it is confident that the IT services firm will undergo "seamless" transition following the exit of Phaneesh Murthy and achieve its long-term goals.

Apax Partners sells Apollo Hospitals shares worth Rs 128 cr

Last Updated: Friday, May 31, 2013, 21:29

Private equity firm Apax Partners Friday sold nearly 13 lakh shares of leading hospitals and pharmacy chain operator Apollo Hospitals Enterprise for an estimated Rs 128 crore.