The network branches of India Infoline Finance had been set to expand its clientele and service offerings.
Investors
Islamic pension funds can provide more capital to industries and markets
The experience of some Muslim dominated countries as to tapping Islamic pension funds for capitalization had reaped benefits.
Versace nearing the inclusion of a minority partner
In an interview, Donatella Versace confirmed the near finalization of a deal with a minority stakeholder.
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.
Reliance-BP protests DGH imposed sanctions
DGH, in an order, required the relinquishment of awarded concessions to Reliance-BP for the 'expiry' of time for its development.
Latest News
Tom Bolland, current COO of Lehman is helping wind down the bank's business. Tom Bolland, current chief operating officer of Lehman Brothers International Europe, is under the employ of Tony Lomas, joint administrator and PriceWaterhouseCoopers Partner, is providing assistance as the bank winds down its business and maximizes its recoverable assets.
China had set aside CNY80 billion for its local gas and oil projects to boost internal energy supplies.
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.
With Portugal being the poorest Western European nation and having record numbers for unemployment, the lowering of allotments for food aid would affect a great many Portuguese.
With an increasing number of clients needing private air carrier services, both VistaJet and NetJets are scrambling for the Indian market.
After unwinding the most complex bankruptcy case in history, Lehman Bros would be paying out full value to its European creditors.
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.
The US Securities and Exchange Commission said last Saturday it did not reject a proposed settlement with fund managers at Reserve Management Co. as there was nothing to consider.
Nikkei, a Japanese newspaper, reported last Friday that US President Barack Obama was close to picking ex-Treasury Secretary Lawrence Summers as the new head of the Federal Reserve Board.
