The INR3,000 crore investment this fiscal year by Tata Motors would push through despite economic slowdown in India.
Firm Management
Egypt's Citadel Capital plans capital hike
Egyptian private equity firm Citadel Capital said on Sunday it would increase its capital following the clearance it had won from the company's shareholders.
Koor Industries sells additional shares in Credit Suisse
Koor Industries had sold another 5.5 million shares in Credit Suisse. The sale was valued USD169 million said the Israeli holding company on Sunday.
Credit Suisse to lead Lloyds and RBS stake sales
James Leigh-Pemberton would take a new position as the new head of UK Financial Investments on Monday according to an internal memo released by Credit Suisse and was seen by Reuters.
Tata Sky upgrades to expand consumer base
About INR900 crore had been earmarked for Tata Sky's format upgrade. Tata Sky, the direct-to-home television operator, had drawn plans to invest its INR900 crore this fiscal year on technology upgrades in order to reach out and achieve a 30% growth in subscribers.
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The network branches of India Infoline Finance had been set to expand its clientele and service offerings.
Christoph Franz, the CEO and Chairman of Roche Pharmaceuticals, is discussing an exit plan with Deutsche Lufthansa as he is set to become the new Chairman of Roche.
West Virginia State Senate President Jeff Kessler is proposing a Future Fund levy for the natural gas to be extracted from the state for its future spending.
NASCAR placed Penske Racing on probation after cutting deal allegations with Front Row Motorsports was said to have transpired allowing Joey Logano pivotal track position.
181,000 gallons of asphalt that belonged to Goldman Sachs was burned after an explosion occurred at Elk Grove refinery.
Steven Roth resigned from JC Penney's board after his firm Vornado Realty Trust announced selling its 6.1% stake in the retailer, said a Bloomberg report.
Igor Sechin was quoted as saying the potash controversy between Belarus and Russia would not affect the business of the Russian oil giant.
The search for the new head of Microsoft would be a closely-watched development in the technology industry.
DirecTV appoints Anthony Vinciquerra to its board of directors. DirecTV, in an announcement, appointed Anthony Vinciquerra to its board of directors. In another move, the largest satellite television provider in the United States also added another former executive from the Fox TV Networks to the board.
