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Satyam merges with Tech Mahindra to create $2.4-bn firm

The diversified Mahindra Group on Wednesday announced the amalgamation of its two technology companies, under which Mahindra Satyam will merge with parent Tech Mahindra, creating a $2.4-billion......

Shocker! 30 PEs exit India, withdrawing $1.46 bn

Private equity firms have offloaded stakes worth $1.46 billion in the Indian companies during the April-June quarter this year, reveals the data by deal tracking research firm VCCEdge. It says 30......

Istithmar sells over 6% share in SpiceJet

Dubai-based Istithmar has sold over six per cent stake in SpiceJet, India's second-largest low-cost carrier. The investment arm of Dubai World sold its shares to investors after having converted......

Kalanithi Maran close to strike Spice deal

Media magnate Kalanithi Maran is close to buying about 37 per cent equity in low cost carrier Spicejet at an estimated Rs 45 a share that would cost him about Rs 700 crore (Rs 7 billion). "They......

New twist in bid for Spicejet

Sun TV promoter Kalanithi Maran, through his advisors, is talking to hedge fund Wilbur L Ross to buy its entire 30 per cent stake in low-cost carrier SpiceJet Ltd. Maran's representatives have......

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Wl Ross

News for Wl Ross

Satyam merges with Tech Mahindra to create $2.4-bn firm

Shocker! 30 PEs exit India, withdrawing $1.46 bn

Istithmar sells over 6% share in SpiceJet

Kalanithi Maran close to strike Spice deal

New twist in bid for Spicejet

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