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Oracle to sell stake in Oracle Financial Services Software

May 8, 2013 | India, News, South & Central Asia

Live Mint 8 May 2013 The company will reduce its current 80.3% ownership stake in OFSS to 75% as required by the market regulator Mumbai: Oracle Corp. on Wednesday said it will reduce its current 80.3% ownership stake in Oracle Financial Services Software Ltd (OFSS)...

Rosneft and Itera in Talks for Armenian Plant

May 7, 2013 | Central & Eastern Europe, News, Russia, South & Central Asia

Moscow Times Russian oil major Rosneft and gas producer Itera are in talks with Armenian authorities to acquire Armenia’s largest petrochemical plant, Nairit, which specializes in the production of chloroprene rubber, Vedomosti reported Tuesday. The report cited...
Billionaire Kerimov Buys 3% ENRC Stake

Billionaire Kerimov Buys 3% ENRC Stake

May 7, 2013 | Central & Eastern Europe, News, Russia, South & Central Asia, Western Europe

Moscow Times 7 May 2013 Russian billionaire senator Suleiman Kerimov has purchased a 3.05 percent stake in embattled UK-based natural resources firm Eurasian Natural Resources Corporation PLC, the company said. According to a regulatory filing, on April 30 Kerimov...

Jewelry and Accessory e-tailer Voylla raises Rs 2.5 crore ($460,000)

May 2, 2013 | India, News, South & Central Asia

VC Circle 1 May 2013 Voylla.com, a jewelry and accessory e-tailer owned by Bangalore-based Voylla Retail Pvt Ltd, has raised Rs 2.5 crore in funding from Pune-based Snow Leopard Technology Ventures, a venture fund that provides seed capital to internet and technology...
India’s Tata Capital raises $600 mln private equity fund

India’s Tata Capital raises $600 mln private equity fund

May 2, 2013 | India, News, South & Central Asia

MUMBAI, May 2 (Reuters) – Tata Capital, part of steel-to-software conglomerate Tata Group, has raised $600 million for a private equity fund to invest in India, in what could be one of the largest debuts by a private equity fund targeting India. Institutional...

Baring Asia in talks to invest $240 mln in Lafarge India-sources

May 2, 2013 | India, News, South & Central Asia

MUMBAI, April 30 (Reuters) – Private equity firm Baring Asia is in advanced talks with the Indian arm of French cement maker Lafarge SA to invest about $240 million for a minority stake, two sources with direct knowledge of the matter told Reuters on Tuesday....
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