JPM, London fund invest $20 million in Dubai e-commerce firm

JPM, London fund invest $20 million in Dubai e-commerce firm

Reuters 26 September 2012 J.P. Morgan Chase (JPM.N) and Blakeney Management have invested over $20 million (12.36 million pounds) in a Dubai-based e-commerce firm which sells designer clothing, a sign that global investors are interested in the Middle East’s...

Jhunjhunwala ups stake in Geometric

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...