Vijay Mallya's Kingfisher House Auctioned at Rs 150 Crore Base Price

Vijay Mallya's Kingfisher's House is in auction with a base price fixed at Rs 150 crore. A consortium of SBI led the auction where interest buyers will bid online. Lenders are optimistic that the said e-auction will generate huge amount to suffice the amount to pay for the loans granted to Kingfisher Airlines and other debts.

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China plans to bid again for Mexico high-speed rail project

China plans to tender again for Mexico's $3.75 billion high-speed rail project after the Latin American nation abruptly canceled its earlier win, one of the firms in a Chinese-led consortium that had bid and a source close to the bid said.

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Mexico to discuss canceled $3.75 billion train contract with China

Mexico's transportation minister will meet with Chinese government officials on Monday to discuss the cancellation of a $3.75 billion high-speed rail contract that was awarded to a Chinese-led consortium, Mexico said on Sunday.

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Taiwan shipbuilder, Lockheed Martin to build minesweepers for navy

A consortium of Taiwan's largest private shipbuilder Ching Fu Shipbuilding Co Ltd, U.S. defense firm Lockheed Martin Corp and Italian firm Intermarine SpA have won a contract to supply six mine countermeasure vessels for Taiwan's navy for an undisclosed amount.

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Loans set to fund the Cameron LNG Project being lined up

The consortium running the Cameron LNG Project has lined up loan financing for the capitalization needed for the project.

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Petrobras lands Libra license to operate

With its consortium, Petrobras leads to extract the oil from the Libra pre-salt mine.

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Fisker's DOE loan bought by Hong Kong consortium

The Department of Energy loan given to the now floundering Fisker was bought out by an investment firm headed by Richard Li.

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Activision regains majority after Vivendi stake buyout

Activision regains independence after it bought back shares from Vivendi SA.

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KKR divests shares in TDC

KKR, the buyout firm, sold off its 11% shareholdings in Danish telecommunications firm TDC to institutional investors.

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Midway Airport lease bidding cancelled by Mayor of Chicago

Chicago Mayor Rahm Emanuel had cancelled the bidding for the lease of the Midway Airport.

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Bidders for EVO Banco identified by news report

The leading firms in the bidding consortiums for EVO Banco have been reported by the Financial Times.

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Consortium bids for Simcere Pharma Group

Simcere founder with the firm's CEO formed a consortium to bid for the purchase of Simcere Pharmaceutical Group.

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Amadeus achieves first close amounting to USD75 million

Amadeus Capital Partners achieved first close for Amadeus IV Digital Prosperity Fund with MTN as major investor.

Read Full Article receives $11million from New Venture Capital Funding receives capital infusion from consortium headed by Victor Sazhin.

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A1 to Form Consortium for CEDC Revamp

A, the venture capital unit of Russia's Alfa Group, has expressed interest in forming a group to restructure troubled Central European Distribution Corp.

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