Last Updated: Thursday, February 12, 2015, 18:40
Accusing Mirach Capital of "cheating and forgery" in the failed USD 2.05 billion loan arrangement, Sahara today said it has initiated legal action against the US-based firm and it is now working on a new deal to raise funds to secure bail for its chief Subrata Roy.
Last Updated: Wednesday, February 11, 2015, 10:57
The Court had given time till February 20 for the deal, but it fell apart after Bank of America disclosed that it was not involved in the deal as was being claimed.
Last Updated: Thursday, January 22, 2015, 19:38
The European Central Bank began 2015 with a bang, unveiling plans Thursday for a massive trillion-euro bond purchase programme to ward off deflation and end stagnation in the eurozone economy.
Last Updated: Thursday, January 22, 2015, 16:45
US tech giant Amazon is in talks to buy Israeli chipmaker Annapurna Labs for up to $370 million, financial newspaper Calcalist reported on Thursday.
Last Updated: Monday, January 19, 2015, 16:16
Fair trade watchdog CCI is examining the Rs 15,000-crore merger deal between Kotak Mahindra and ING Vysya that would create the country's fourth largest private sector lender.
Last Updated: Friday, January 16, 2015, 23:34
"This potential transaction is subject to corporate approvals and is expected to be completed by the end of this week," Piramal Enterprises Ltd (PEL) said.
Last Updated: Friday, January 9, 2015, 11:53
Facebook and QuickFire did not disclose the terms of the deal.
Last Updated: Thursday, January 8, 2015, 13:50
Home-grown chat application firm Hike Messenger has acquired US-based voice-calling company Zip Phone, it said in a statement here Thursday.
Last Updated: Wednesday, December 24, 2014, 21:21
Financial Technologies Wednesday said SKS Capital has backed out from acquiring some of its stake in MCX-SX even as other investors, including Rakesh Jhunjhunwala, have completed purchase of shares in the stock exchange.
Last Updated: Tuesday, December 16, 2014, 10:51
Auto parts maker Motherson Sumi Systems Ltd would buy assets of Germany`s Scherer & Trier group for about 36 million euros.
Last Updated: Thursday, December 4, 2014, 14:58
Founders of Indian e-commerce giant Flipkart have invested 1 million in Ather, a Chennai-based startup that develops high-speed electric scooters.
Last Updated: Monday, December 1, 2014, 15:01
Shareholders of Doha Bankhave approved the purchase of the Indian assets of HSBC Bank Oman after an extraordinary meeting, the Qatari bank said in a statement on Monday.
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