 "Anil Ambani's Reliance Capital looks beyond Nippon Life for AMC stake")
L&T mounts hostile bid for Mindtree, eyes 67% stake for Rs 10,733 crore
As the first step, L&T entered into a deal to purchase the 20.32 per cent stake of Mindtree’s single-largest investor, V G Siddhartha, at Rs 980 per share in an all-cash transaction, which translates into Rs 3,269 crore. Read on...
Jet Airways crisis deepens as Etihad refuses to agree on contours of deal
Tony Douglas, the chief executive officer of Abu Dhabi-based Etihad Airways, has informed a consortium of lenders, led by SBI, that Etihad would not participate in the rights issue or infuse fresh funds under the
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