ICVL to finalise overseas coal acquisition deal soon

Sep 23, 2012 | India, News

Business Line 21 September 2012 Hyderabad: International Coal Ventures Ltd, a joint venture company floated by five cash-rich state-owned companies to buy coal assets overseas, is likely to finalise at least one deal by the end of this fiscal. C.S. Verma, Chairman of...

Jhunjhunwala ups stake in Geometric

Sep 22, 2012 | India, News

Business Line 20 September 2012 Mumbai: Ace investor Rakesh Jhunjhunwala today purchased a 4.5 per cent stake in Godrej group firm Geometric Ltd from a foreign fund of Credit Suisse for about Rs 30 crore. With today’s purchase of 28.26 lakh shares, the cumulative...

BP may buy Rosneft stake as part of TNK-BP exit

Sep 22, 2012 | News

Reuters 21 September 2012 SOCHI, Russia, Sept 21 (Reuters) – British oil company BP wants to buy a stake in Russian state-controlled peer Rosneft, adding a new dimension to a long-running struggle for control of a big chunk of the country’s oil production....

Finger Might Sell Mail.ru shares

Sep 21, 2012 | News

Moscow Times 21 September 2012 Grigory Finger might sell his stake in Mail.ru Group, Vedomosti reported Thursday, citing a source close to the group. Mail.ru Group’s depositary receipts on the London Stock Exchange plummeted 8.5 percent Wednesday after Finger...