Morgan Stanley
India | Sunday, 12 October 2008

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Private Articles

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1. Reliance Capital lines up expansion plan; to foray into private equity business, invest Rs.2000 crore in insurance sector
Reliance Anil Dhirubhai Ambani (ADA) Group's financial services arm, Reliance Capital said it plans to bolster its business operations by foraying into the private equity business and by investing Rs.2000 crore in its insurance business over the next 3-5 years, amongst other things.
16 Sep 2008
2. Microsoft's newest browser may block ads
The next version of Microsoft Corp.'s Web browser makes it easier for people to surf the Internet without leaving a trace.
28 Aug 2008
3. Looking Up: Wilbur Ross to invest $100 million in SpiceJet, Goldman Sachs to subscribe to equity warrants
India's budget air carrier SpiceJet said it has received shareholders' approval for fresh infusion of funds to the tune of $100 million for its business requirements.
11 Aug 2008
4. SpiceJet to offload stake to US investor Wilbur Ross for $80 million
India's budget air carrier SpiceJet has accepted US-based billionaire investor Wilbur Ross' $80 million (Rs.345 crore) offer and is ready to offload at least 10 percent stake to the private equity fund.
15 Jul 2008
5. Lehman Brothers picks up 50 percent stake in Unitech's Mumbai office space project for $175 million
India's second largest real estate developer Unitech Ltd said it has agreed to sell 50 percent stake in the first phase of a Mumbai project to Lehman Brothers Real Estate Partners for $175 million.
17 Jun 2008
6. NetJets to lend wings to India's super-rich
US-based private jet company, NetJets, which popularized the business model of fractional aircraft ownership, has made its maiden entry into the Asian market through a sales tie-up with a Mumbai-based company and will cater to the international travel needs of the growing number of young millionaires in India.
26 Mar 2008
7. Nagarjuna Constructions bags orders worth Rs.424 crore
India's leading infrastructure major, Nagarjuna Constructions, in which US-based private equity fund Blackstone has a strategic stake, has bagged three orders worth Rs.424 crore ($106 million).
10 Mar 2008
8. Blackstone revises Gokaldas open offer date
Apparel firm Gokaldas Exports Ltd said on Friday private equity group Blackstone has revised the open offer date to buy 20 percent in the firm to Jan. 9-Jan. 28 from Oct 5.-Oct. 24, 2007.
04 Jan 2008
9. Warburg Pincus raises stake in Amtek India
Private equity firm Warburg Pincus has raised its stake in auto parts firm Amtek India Ltd to nearly 9.5 percent, sending the latter's shares up, two sources close to the deal said on Wednesday.
26 Dec 2007
10. Merrill shores up capital by as much as $7.5 billion
Merrill Lynch & Co Inc shored up its capital base by as much as $7.5 billion after selling a stake to Singapore's government and an asset manager, and unloading much of a lending business, as it wrestles with huge subprime mortgage losses.
25 Dec 2007
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