Lanco initiates the process to restructure its debt amounting to INR 75 billion (USD 1.3 billion). Engineering procurement and construction company Lanco Infratech Ltd.
Investors
Indian realty developer and Standard Chartered seal joint venture
The Mahindra Lifespace Developers sealed a joint venture agreement with SCM Real Estate (Singapore) Pvt Ltd, Standard Chartered Bank’s investment unit, to develop residential projects in India.
U.S. Government battles insider trading to level investment playing field
The U.S. government cracks into the insider trading world by weeding out suspects one by one but is it enough?
Silver Lake says US $13.75 per share is final offer for Dell stockholders
Private equity firm Silver Lake Management is maintaining its offer of US $13.75 per share for Dell Inc.'s buyout.
Obama, likely to postpone Federal Reserve Chairman appointment until fall
President Barack Obama remains undecided on Federal Reserve chairman pick and will most likely extend consideration of the matter until the fall.
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The Formula One Group and the FIA signed the framework for the 2013 Concorde Agreement. The Formula One Group and its governing body, the FIA, signed the new framework for the 2013 Concorde Agreement.
Dexia CEO Karel De Boeck said he wants to avoid further capital injection from taxpayers. CEO of Dexia Karel De Boeck said he does not want any more capital boost.
Billionaire Steven Cohen's hedge fund pleaded not guilty to five separate criminal charges in federal court.
A source familiar about the deal but requested anonymity claimed that Dell Inc. will not be selling its shares for a bid below US $14.
ONGC and Reliance Industries signed a Memorandum of Understanding that allows them to share infrastructure on the east coast.
Russian billionaire Vladimir Evtushenkov said he is considering takeover targets to expand his business abroad.
The US $1.24 billion between Chevron Corp. and Argentina government's YPF may be turning point in the country's protectionist policy but it comes with an underlying political danger.
Apple Inc's German supplier reported a two-month record high after the sales of iPhones surpassed the estimates of analysts.
The Federal Reserve said that Ally Financial Inc.'s GMAC Mortgage will pay a total of USD 230 million to borrowers as settlement for handling foreclosures improperly.
