The lenders fighting over the titles owned by the Deccan Chronicle would be in dispute. The creditors of Deccan Chronicle Holdings unable to recover dues worth more than INR5,000 crore because of a dispute over the publishing titles.
Asia/Pacific
Foreign companies may sell shares in free trade zone- report
The Wall Street Journal reported that China could allow foreign companies to sell shares in the free trade zone in Shanghai.
Tokyo Gas eyes majority stake purchases in LNG projects in Southeast Asia, Africa
Tokyo Gas said it would looking at majority stake purchases for mid-sized LNG projects in Southeast Asia or Africa to bring down import costs.
LRT bidding down to one
With the latest mishaps besetting Southeast Asia's oldest light railway transit system, bidding for its upgrade and improvements have resulted in one remaining bidder.
WPP Plc expands into China
WPP Plc expands into China with its acquisition of IM2.0. The world's biggest advertising company, WPP Plc, is expanding its network to China through the purchase of a digital advertising agency.
Latest News
Naveen Jindal is the latest personality included in the ownership dispute of Positiv TV. Congress Member of Parliament and Industrialist Naveen Jindal was recently included in an ownership dispute between the shareholders of Positiv TV.
GS Caltex of South Korea had cancelled a Brazilian refiner plan over profitability uncertainties, said a Reuters report.
South Korean company Hankook Tire would be investing USD 800 million to build its first tire plant in the US.
Philippines' Robinsons Retail Holdings Inc. had decided to cut its public offering debut price by up to a third, said a report from Reuters.
ICAO supported certification requirements now in place for new airlines for Indian air carrier applicants.
Chinese tycoon Tong Jinquan would be purchasing SGD 200 million shares in Viva Industrial's SGD 375 million Singapore IPO.
Because of price caps and channel disruptions, the Indian drug market still is continuing its negative growth pattern.
Baring Private Equity Asia completed its acquisition of India-based outsourcing firm Hexaware Technologies.
Philippines-based Del Monte Pacific agreed to acquire San Francisco-based Del Monte Foods Co for USD 1.68 billion.
