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<title>Mnacritique - Latest News</title>
<link href="https://news.newswirebiz.com/rss/mnacritique/latest.xml"></link>
<updated>2026-07-19T14:55:32+00:00</updated>
<id>urn:uuid:a4945daa-1612-3c0b-4954-b03a1260968f</id>
<entry>
<title>RITES may get into station development by acquiring 25% stake in IRSDC</title>
<link href="https://news.newswirebiz.com/@mnacritique/rites-may-get-into-station-development-by-acquiring-25-stake-in-irsdc-6a35aax6a3xd"></link>
<id>urn:uuid:a4a1b04e-686b-7674-058f-f43ea0285964</id>
<summary type="html"><![CDATA[Railways subsidiary RITES, which is set to be listed, is likely to diversify into station development by acquiring a 25 percent stake in Indian Railway Stations Development Corporation (IRSDC)]]></summary>
<updated>2018-02-08T12:54:20+00:00</updated>
</entry>
<entry>
<title>Brazilian antitrust agency approves Bayer-Monsanto tie-up</title>
<link href="https://news.newswirebiz.com/@mnacritique/brazilian-antitrust-agency-approves-bayer-monsanto-tie-up-4y8eaadnp8p5"></link>
<id>urn:uuid:e89b9910-6506-8238-c66a-9bb8eb14e01e</id>
<summary type="html"><![CDATA[Brazilian antitrust agency Cade on Wednesday approved Bayer AG’s proposed takeover of U.S. seeds company Monsanto Co without requiring further asset sales beyond a global proposal announced last October.]]></summary>
<updated>2018-02-08T12:28:47+00:00</updated>
</entry>
<entry>
<title>REI Agro goes in for liquidation</title>
<link href="https://news.newswirebiz.com/@mnacritique/rei-agro-goes-in-for-liquidation-k436b76wd3ra"></link>
<id>urn:uuid:4d1bae78-a2de-b106-562f-33136b3b6a0d</id>
<summary type="html"><![CDATA[REI Agro, a firm that claims to have 22 per cent share in the world’s basmati rice market, has gone in for liquidation after the National Company Law Tribunal (NCLT) ordered it to do so.]]></summary>
<updated>2017-09-14T11:38:23+00:00</updated>
</entry>
<entry>
<title>&#039;Government ready to provide capital support for PSU banks&#039; merger&#039;</title>
<link href="https://news.newswirebiz.com/@mnacritique/government-ready-to-provide-capital-support-for-psu-banks-merger-p43kdjqxy8bj"></link>
<id>urn:uuid:aee770a9-8adf-007f-5b1c-8bd03ec20365</id>
<summary type="html"><![CDATA[The finance ministry is open to providing capital support for facilitating consolidation among state-owned banks, which are reeling under mounting bad loans, official sources said.]]></summary>
<updated>2017-08-28T12:06:01+00:00</updated>
</entry>
<entry>
<title>CPPIB to end Kotak JV plan for stressed assets</title>
<link href="https://news.newswirebiz.com/@mnacritique/cppib-to-end-kotak-jv-plan-for-stressed-assets-qw8de6wjd36n"></link>
<id>urn:uuid:877b8367-1777-e4a9-e75c-f3c547515793</id>
<summary type="html"><![CDATA[Canada's largest pension fund CPPIB will call off its proposed joint venture with Kotak Mahindra Group to invest in stressed assets in India.]]></summary>
<updated>2017-08-28T11:56:26+00:00</updated>
</entry>
<entry>
<title>Ebix set to acquire international remittance business of Wall Street Finance</title>
<link href="https://news.newswirebiz.com/@mnacritique/ebix-set-to-acquire-international-remittance-business-of-wall-street-finance-6a356djny8xd"></link>
<id>urn:uuid:4ce02785-a87c-13bb-8a8f-c42a2c7404b7</id>
<summary type="html"><![CDATA[Nasdaq-listed Ebix Inc. is set to buy business of Wall Street Finance Ltd.BSE 20.00 % in a two-leg transaction for Rs. 47 crores, the company said in a filing with the Bombay Stock Exchange.]]></summary>
<updated>2017-08-18T12:46:48+00:00</updated>
</entry>
<entry>
<title>China’s Belt and Road acquisitions surge despite outbound capital crackdown</title>
<link href="https://news.newswirebiz.com/@mnacritique/china-s-belt-and-road-acquisitions-surge-despite-outbound-capital-crackdown-k436bdnma3ra"></link>
<id>urn:uuid:2c979c50-059b-4d02-9d20-6db009567728</id>
<summary type="html"><![CDATA[Mergers and acquisitions by Chinese companies in countries that are part of the Belt and Road initiative are soaring, even as Beijing cracks down on China’s acquisitive conglomerates to restrict capital outflows.]]></summary>
<updated>2017-08-16T12:58:54+00:00</updated>
</entry>
<entry>
<title>HSBC profit rise by 5%, announces $2 billion share buyback</title>
<link href="https://news.newswirebiz.com/@mnacritique/hsbc-profit-rise-by-5-announces-2-billion-share-buyback-k436bd5xe3ra"></link>
<id>urn:uuid:08f1e0fb-0462-a5bf-7426-f32bd63fda9c</id>
<summary type="html"><![CDATA[HSBC Holdings PLC on Monday said profit grew 5 percent in the six months through June and announced its third share buyback in a year, indicating continued progress in the six-year turnaround plan of Europe's biggest bank.]]></summary>
<updated>2017-08-01T13:02:48+00:00</updated>
</entry>
<entry>
<title>IndiGo may junk sale-and-leaseback model, opt for outright buys</title>
<link href="https://news.newswirebiz.com/@mnacritique/indigo-may-junk-sale-and-leaseback-model-opt-for-outright-buys-pj3nyqw7y8xq"></link>
<id>urn:uuid:ae030b08-6d88-0ece-c54f-503c7ca112f6</id>
<summary type="html"><![CDATA[IndiGo would replace the industry’s traditional sale-and-leaseback model for aircraft financing with outright purchases for some of its future fleet additions, underscoring the focus on cutting total ownerships expenses]]></summary>
<updated>2017-08-01T12:24:47+00:00</updated>
</entry>
<entry>
<title>RCom, Aircel merger deal on sticky ground</title>
<link href="https://news.newswirebiz.com/@mnacritique/rcom-aircel-merger-deal-on-sticky-ground-4y8ewpwk68p5"></link>
<id>urn:uuid:73b9f4f4-0fe9-6aaf-be01-b9080bfef6bd</id>
<summary type="html"><![CDATA[The proposed merger of Reliance CommunicationsBSE -1.89 %' wireless business and Aircel is clouded with more uncertainty with the Department of Telecommunications setting the Supreme Court's]]></summary>
<updated>2017-07-31T12:49:31+00:00</updated>
</entry>
<entry>
<title>Snapdeal-Flipkart deal falling apart after six months of hard negotiations</title>
<link href="https://news.newswirebiz.com/@mnacritique/snapdeal-flipkart-deal-falling-apart-after-six-months-of-hard-negotiations-pj3nyqymd8xq"></link>
<id>urn:uuid:149d1e8b-d4c6-f090-fb38-411b7698a97f</id>
<summary type="html"><![CDATA[A crucial meeting to settle the proposed merger of beleaguered online marketplace Snapdeal with market leader Flipkart, due to take place in Bengaluru over Monday and Tuesday, has been called off]]></summary>
<updated>2017-07-31T12:19:36+00:00</updated>
</entry>
<entry>
<title>Insolvency: NCLT reserves order against ABG Shipyard filed by ICICI bank</title>
<link href="https://news.newswirebiz.com/@mnacritique/insolvency-nclt-reserves-order-against-abg-shipyard-filed-by-icici-bank-4n3b5ymdy8pq"></link>
<id>urn:uuid:91e170ba-06b0-ae03-c934-6e29b9ec8b36</id>
<summary type="html"><![CDATA[The Ahmedabad bench of National Company Law Tribunal (NCLT) on Thursday reserved its order on insolvency proceedings initiated by lender ICICI Bank against ABG Shipyard Ltd]]></summary>
<updated>2017-07-28T12:40:15+00:00</updated>
</entry>
<entry>
<title>Merger off table, focus is on HDFC Life IPO: Parekh</title>
<link href="https://news.newswirebiz.com/@mnacritique/merger-off-table-focus-is-on-hdfc-life-ipo-parekh-6p3w6wxx785y"></link>
<id>urn:uuid:eeb69786-55c2-cecf-de49-b17b4b2bb167</id>
<summary type="html"><![CDATA[Deepak Parekh, the chairman of the largest mortgage lender HDFC, said on Wednesday the proposed merger of HDFC Life Insurance and Max Life has been called off]]></summary>
<updated>2017-07-27T12:51:59+00:00</updated>
</entry>
<entry>
<title>Freecharge sold to Axis for $60 million: The facts and details</title>
<link href="https://news.newswirebiz.com/@mnacritique/freecharge-sold-to-axis-for-60-million-the-facts-and-details-b68qwxqqb8dj"></link>
<id>urn:uuid:13b6ad5b-da57-9db7-47f7-08bb7b8203ef</id>
<summary type="html"><![CDATA[Once the 'crown jewel' of Jasper InfoTech's (parent company of Snapdeal) portfolio, Freecharge, which until last year was the second largest mobile wallet player, has been sold to Axis Bank at almost one-tenth of the price.]]></summary>
<updated>2017-07-27T12:47:10+00:00</updated>
</entry>
<entry>
<title>KKR, Warburg Pincus show interest in Air India privatisation</title>
<link href="https://news.newswirebiz.com/@mnacritique/kkr-warburg-pincus-show-interest-in-air-india-privatisation-yd8j764ka3kp"></link>
<id>urn:uuid:800ea452-61f6-0901-5243-a0313110717e</id>
<summary type="html"><![CDATA[Private equity funds KKR and Co. and Warburg Pincus are the latest to express interest in acquiring Air India’s businesses, according to two people directly aware of the development.]]></summary>
<updated>2017-07-24T12:41:28+00:00</updated>
</entry>
<entry>
<title>PMO scraps plan to divest MSTC&#039;s subsidiary FSNL</title>
<link href="https://news.newswirebiz.com/@mnacritique/pmo-scraps-plan-to-divest-mstcs-subsidiary-fsnl-yd8j764ea3kp"></link>
<id>urn:uuid:498d7c1f-0692-9e66-db7b-65e09db864cb</id>
<summary type="html"><![CDATA[The Prime Minister's Office (PMO) has agreed not to go ahead with the divestment of MSTC's arm Ferro Scrap Nigam (FSNL) as the entity has no tangible assets barring machinery, a top official said.]]></summary>
<updated>2017-07-24T12:04:32+00:00</updated>
</entry>
<entry>
<title>IDFC-Shriram merger: Aim to give a fair deal to everybody, says R. Thyagarajan</title>
<link href="https://news.newswirebiz.com/@mnacritique/idfc-shriram-merger-aim-to-give-a-fair-deal-to-everybody-says-r-thyagarajan-pj3nypjwm8xq"></link>
<id>urn:uuid:b7d5704f-9db9-5042-eeda-44f4fcac188d</id>
<summary type="html"><![CDATA[As IDFC Ltd and Shriram group prepare to begin their 90-day exclusivity deal talks this week, R. Thyagarajan, founder of Shriram group, lays bare the rationale behind the proposed merger, his choice of Ajay Piramal]]></summary>
<updated>2017-07-17T12:51:07+00:00</updated>
</entry>
<entry>
<title>Bharat Petroleum makes its first US oil purchase, buys Mars, Poseidon</title>
<link href="https://news.newswirebiz.com/@mnacritique/bharat-petroleum-makes-its-first-us-oil-purchase-buys-mars-poseidon-p43kdypaa8bj"></link>
<id>urn:uuid:d69af3ea-b31f-27c5-790a-3ecdadad16a4</id>
<summary type="html"><![CDATA[Bharat Petroleum Corp has made its first purchase of U.S. oil, buying high sulphur crudes Mars and Poseidon in a tender, its head of refineries R. Ramachandran said.]]></summary>
<updated>2017-07-17T12:07:03+00:00</updated>
</entry>
<entry>
<title>ONGC may not be required to pay premium for government stake in HPCL</title>
<link href="https://news.newswirebiz.com/@mnacritique/ongc-may-not-be-required-to-pay-premium-for-government-stake-in-hpcl-6a356mx4j8xd"></link>
<id>urn:uuid:a7cbe299-ec89-2a0f-345c-a21e3a654046</id>
<summary type="html"><![CDATA[Oil and Natural gas Corp (ONGC) need not pay a premium for government stake in Hindustan Petroleum (HPCLBSE -3.09 %) since the latter is widely traded and fairy valued by the market and the transaction]]></summary>
<updated>2017-07-17T10:57:52+00:00</updated>
</entry>
<entry>
<title>Abu Dhabi Investment Authority may pick up to 49% in GMR’s Hyderabad Airport</title>
<link href="https://news.newswirebiz.com/@mnacritique/abu-dhabi-investment-authority-may-pick-up-to-49-in-gmr-s-hyderabad-airport-p43kdywmp8bj"></link>
<id>urn:uuid:d2816eb9-bcd3-3050-7cdc-4a83024796dc</id>
<summary type="html"><![CDATA[GMR Infrastructure is in advanced talks with sovereign wealth fund Abu Dhabi Investment Authority (ADIA) to sell a stake of up to 49% stake in Hyderabad International Airport]]></summary>
<updated>2017-07-17T10:21:10+00:00</updated>
</entry>
<entry>
<title>Japan&#039;s NEC considers buying Civica for $1.2 billion - Sky News</title>
<link href="https://news.newswirebiz.com/@mnacritique/japans-nec-considers-buying-civica-for-12-billion-sky-news-e63mqmynx3d4"></link>
<id>urn:uuid:55004d6a-bff8-56ad-4601-2d6b51dfb395</id>
<summary type="html"><![CDATA[Japanese information technology company NEC Corp is looking at buying British software firm Civica for 900 million pounds ($1.2 billion) and has hired advisors to work on an offer, Sky News reported.]]></summary>
<updated>2017-07-15T12:04:09+00:00</updated>
</entry>
<entry>
<title>FanDuel, DraftKings scrap troubled merger</title>
<link href="https://news.newswirebiz.com/@mnacritique/fanduel-draftkings-scrap-troubled-merger-qw8de4pq736n"></link>
<id>urn:uuid:bdc3f387-8ccb-f674-a8ea-90411e340fc9</id>
<summary type="html"><![CDATA[Daily fantasy sports companies FanDuel and DraftKings scrapped a plan to merge on Thursday following a legal challenge by U.S. antitrust enforcers.]]></summary>
<updated>2017-07-15T10:20:09+00:00</updated>
</entry>
<entry>
<title>Tata group in talks with 21st Century Fox to sell Tata Sky stake</title>
<link href="https://news.newswirebiz.com/@mnacritique/tata-group-in-talks-with-21st-century-fox-to-sell-tata-sky-stake-dx8aarpa68p6"></link>
<id>urn:uuid:70610a20-71c5-85b6-c585-3b51ce14ca81</id>
<summary type="html"><![CDATA[Tata group has begun discussions to sell an additional stake in Tata Sky, its direct-to-home (DTH) television arm, to joint venture partner Twenty-First Century Fox Inc., said two people aware of the development.]]></summary>
<updated>2017-07-15T09:33:06+00:00</updated>
</entry>
<entry>
<title>Air India&#039;s Salvador Dali ashtrays and surreal debt cloud sale</title>
<link href="https://news.newswirebiz.com/@mnacritique/air-indias-salvador-dali-ashtrays-and-surreal-debt-cloud-sale-k436bpywa3ra"></link>
<id>urn:uuid:eade1b74-0810-81fb-4b19-c10a53748974</id>
<summary type="html"><![CDATA[Indian Prime Minister Narendra Modi’s cabinet has signed off on a plan to sell all or part of Air India Ltd., a debt-ridden, state-run carrier with the most unusual baggage.]]></summary>
<updated>2017-07-12T13:06:26+00:00</updated>
</entry>
<entry>
<title>Initiative for merger should come from banks: Former RBI Governor C Rangarajan</title>
<link href="https://news.newswirebiz.com/@mnacritique/initiative-for-merger-should-come-from-banks-former-rbi-governor-c-rangarajan-k436bpy7a3ra"></link>
<id>urn:uuid:8313465c-e57a-dee2-da39-ea1e216262ca</id>
<summary type="html"><![CDATA[Former RBI Governor C Rangarajan today said bank merger should be need-based and the initiative should come from the lenders themselves.]]></summary>
<updated>2017-07-12T12:02:25+00:00</updated>
</entry>
<entry>
<title>Bankruptcy proceedings to make the wallets of consultants fatter</title>
<link href="https://news.newswirebiz.com/@mnacritique/bankruptcy-proceedings-to-make-the-wallets-of-consultants-fatter-aw34x7ydk354"></link>
<id>urn:uuid:102d2679-9ce6-40f9-5ce6-2a6488582824</id>
<summary type="html"><![CDATA[As banks try to recover cash from companies that defaulted on loans, top consulting partners and lawyers helping with the insolvency proceedings may end up earning as much as some Indian CEOs do.]]></summary>
<updated>2017-07-12T11:48:25+00:00</updated>
</entry>
<entry>
<title>Defaulters may follow Essar route to block bankruptcy</title>
<link href="https://news.newswirebiz.com/@mnacritique/defaulters-may-follow-essar-route-to-block-bankruptcy-e63mqmnyd3d4"></link>
<id>urn:uuid:a6a0714a-bd9f-a19c-048d-fe988f2a00fa</id>
<summary type="html"><![CDATA[A number of large loan defaulters may follow the footsteps of Essar Steel by approaching courts to block bankruptcy proceedings against them, after the steelmaker got a stay on hearings on an insolvency petition moved by a bank.]]></summary>
<updated>2017-07-07T10:55:07+00:00</updated>
</entry>
<entry>
<title>IL&amp;FS in talks to sell majority stake in QVC Group</title>
<link href="https://news.newswirebiz.com/@mnacritique/il-fs-in-talks-to-sell-majority-stake-in-qvc-group-dk3yaypx73q7"></link>
<id>urn:uuid:2d31a0a9-868a-4b5c-a3a0-56ccb79149d2</id>
<summary type="html"><![CDATA[Homegrown private equity fund IL&FS PE is in talks with global PE funds Brookfield, ISquared Capital and Macquarie to sell its majority stake in Bengaluru-based real estate developer QVC Group.]]></summary>
<updated>2017-07-07T10:09:10+00:00</updated>
</entry>
<entry>
<title>Bharti Airtel open to selling bigger chunk of tower arm Bharti Infratel</title>
<link href="https://news.newswirebiz.com/@mnacritique/bharti-airtel-open-to-selling-bigger-chunk-of-tower-arm-bharti-infratel-yb87arqxn86j"></link>
<id>urn:uuid:8e8a6bc7-2b8d-2961-9303-5ec5579fe749</id>
<summary type="html"><![CDATA[Bharti AirtelBSE 0.56 % may revive a plan to sell a controlling stake in tower arm Bharti Infratel in an effort to pare over $14 billion of debt and release funds for network expansion, people familiar with the matter said.]]></summary>
<updated>2017-07-06T12:18:18+00:00</updated>
</entry>
<entry>
<title>Australia&#039;s Vocus allows KKR to conduct due diligence for $1.7 billion bid</title>
<link href="https://news.newswirebiz.com/@mnacritique/australias-vocus-allows-kkr-to-conduct-due-diligence-for-17-billion-bid-yd8j76eqn3kp"></link>
<id>urn:uuid:5de72f13-7295-0761-d43a-10a127b418f2</id>
<summary type="html"><![CDATA[Embattled Australian internet company Vocus Group Ltd said it will open its books for KKR & Co LP to conduct due diligence, a sign it may accept a $1.66 billion buyout approach dismissed by investors weeks earlier as too low.]]></summary>
<updated>2017-07-06T10:46:54+00:00</updated>
</entry>
<entry>
<title>Essar Steel moves HC against insolvency proceedings</title>
<link href="https://news.newswirebiz.com/@mnacritique/essar-steel-moves-hc-against-insolvency-proceedings-b68qwxwnj8dj"></link>
<id>urn:uuid:3517e840-4d47-b9f9-1542-5afdc35c0661</id>
<summary type="html"><![CDATA[Essar Steel has moved the Gujarat High Court against insolvency proceedings initiated by the banks on the direction of the Reserve Bank (RBI).]]></summary>
<updated>2017-07-05T10:59:02+00:00</updated>
</entry>
<entry>
<title>PSB mergers should be between equals: SBI Chief Arundhati Bhattacharya</title>
<link href="https://news.newswirebiz.com/@mnacritique/psb-mergers-should-be-between-equals-sbi-chief-arundhati-bhattacharya-6p3w6w6dw85y"></link>
<id>urn:uuid:ac63fe1f-f9e3-9302-2671-29448d91beee</id>
<summary type="html"><![CDATA[State Bank of India chairman Arundhati Bhattacharya said the merger of public sector banks should be between equals and added that things will start getting better on asset quality by the second half of the year]]></summary>
<updated>2017-07-05T10:00:08+00:00</updated>
</entry>
<entry>
<title>Premji Invest picks 2.2% stake in Aditya Birla Capital</title>
<link href="https://news.newswirebiz.com/@mnacritique/premji-invest-picks-22-stake-in-aditya-birla-capital-4y8ew4yje8p5"></link>
<id>urn:uuid:0219f9d0-b25a-7e19-6993-019414bc0435</id>
<summary type="html"><![CDATA[Premji Invest, Wipro Chairman Azim Premji’s investment arm, has picked up 2.2 per cent stake worth Rs 700-crore in Aditya Birla Capital (ABCL) at a valuation of Rs 32,000 crore ahead of its listing next month.]]></summary>
<updated>2017-06-30T12:55:41+00:00</updated>
</entry>
<entry>
<title>Essar Steel insolvency proceedings: SBI, Standard Chartered differ on choice of IRP</title>
<link href="https://news.newswirebiz.com/@mnacritique/essar-steel-insolvency-proceedings-sbi-standard-chartered-differ-on-choice-of-irp-yd8j7wnde3kp"></link>
<id>urn:uuid:fd111d15-f82f-1481-d0f6-b6882a601185</id>
<summary type="html"><![CDATA[Essar Steel’s insolvency proceedings could turn into a test case for India’s bankruptcy framework with lenders differing on the choice of the so-called interim resolution professional (IRP)]]></summary>
<updated>2017-06-30T12:35:21+00:00</updated>
</entry>
<entry>
<title>Not that courageous to invest in Air India: Anand Mahindra</title>
<link href="https://news.newswirebiz.com/@mnacritique/not-that-courageous-to-invest-in-air-india-anand-mahindra-dx8aam5np8p6"></link>
<id>urn:uuid:08041807-9baf-fd0a-ecb9-eae66c8f9bd1</id>
<summary type="html"><![CDATA["I don't possess that much courage" to invest in Air India, noted industrialist Anand Mahindra has said amid the government deciding to sell stake in the loss-making airline.]]></summary>
<updated>2017-06-30T11:53:35+00:00</updated>
</entry>
<entry>
<title>KKR sells stake in Norwegian software company Visma for $1.8 billion: source</title>
<link href="https://news.newswirebiz.com/@mnacritique/kkr-sells-stake-in-norwegian-software-company-visma-for-18-billion-source-dk3yajray3q7"></link>
<id>urn:uuid:b056921b-e4cb-a4e6-e3c4-c147258c428e</id>
<summary type="html"><![CDATA[Private equity company KKR & Co LP (KKR.N) has sold its entire stake in Norwegian software company Visma for 1.4 billion pounds ($1.81 billion) to a group of investors that includes Singaporean wealth fund GIC]]></summary>
<updated>2017-06-30T10:17:34+00:00</updated>
</entry>
<entry>
<title>Staples in $6.9 billion sale to private equity firm Sycamore</title>
<link href="https://news.newswirebiz.com/@mnacritique/staples-in-69-billion-sale-to-private-equity-firm-sycamore-dx8aam5ap8p6"></link>
<id>urn:uuid:addb1619-46d2-f8b0-9a04-6ca86a7c16a7</id>
<summary type="html"><![CDATA[Sycamore Partners said on Wednesday it would acquire U.S. office supplies chain Staples Inc (SPLS.O) for $6.9 billion, a rare bet by a private equity firm this year in the U.S. retail sector]]></summary>
<updated>2017-06-30T10:03:36+00:00</updated>
</entry>
<entry>
<title>AIG CEO Brian Duperreault may reduce buybacks, focus on acquisitions</title>
<link href="https://news.newswirebiz.com/@mnacritique/aig-ceo-brian-duperreault-may-reduce-buybacks-focus-on-acquisitions-dk3yaj4xq3q7"></link>
<id>urn:uuid:144e89af-d876-4f18-fc52-9923c8e02b90</id>
<summary type="html"><![CDATA[American International Group (AIG) Inc's new chief executive Brian Duperreault said on Wednesday the company would likely slow the pace of share buybacks and instead spend on acquisitions.]]></summary>
<updated>2017-06-29T12:06:28+00:00</updated>
</entry>
<entry>
<title>News Corp completes acquisition of GMX Services in India</title>
<link href="https://news.newswirebiz.com/@mnacritique/news-corp-completes-acquisition-of-gmx-services-in-india-e63mq75ek3d4"></link>
<id>urn:uuid:eb0f8d3f-14bf-70bf-43bc-15c7f48ca3d5</id>
<summary type="html"><![CDATA[Diversified media and information services company News Corp today said it has completed the acquisition of Bengaluru-based GyanMatrix Services (GMX).]]></summary>
<updated>2017-06-29T11:31:38+00:00</updated>
</entry>
<entry>
<title>Columbia Asia to invest Rs 400 crore on 2 new hospitals in India</title>
<link href="https://news.newswirebiz.com/@mnacritique/columbia-asia-to-invest-rs-400-crore-on-2-new-hospitals-in-india-nx8xbjx5q8r7"></link>
<id>urn:uuid:cb7b3e91-ad5f-de1e-8a7f-12b4c458d78d</id>
<summary type="html"><![CDATA[International healthcare firm Columbia Asia will invest over Rs 400 crore to set up two new hospitals in India by the end of 2019 as it looks to expand presence in the country.]]></summary>
<updated>2017-06-29T10:26:22+00:00</updated>
</entry>
<entry>
<title>Bharat Forge, Sona Koyo competing with Blackstone Group, KKR and DA Capital for Amtek</title>
<link href="https://news.newswirebiz.com/@mnacritique/bharat-forge-sona-koyo-competing-with-blackstone-group-kkr-and-da-capital-for-amtek-pj3nymq578xq"></link>
<id>urn:uuid:816cf694-0d57-34ed-1f65-64765556f6d8</id>
<summary type="html"><![CDATA[Domestic strategic buyers, including Bharat ForgeBSE 2.67 % and Sona KoyoBSE 1.99 % Systems, are competing with bulge-bracket private equity funds such as Blackstone Group, KKR and DA Capital to acquire all or part of Amtek Group’s]]></summary>
<updated>2017-06-29T10:14:53+00:00</updated>
</entry>
<entry>
<title>Godrej Consumer Products eyeing an acquisition to enter skincare market</title>
<link href="https://news.newswirebiz.com/@mnacritique/godrej-consumer-products-eyeing-an-acquisition-to-enter-skincare-market-pj3nympj58xq"></link>
<id>urn:uuid:35b06c44-2d9d-29d2-5d8a-01d8da88266b</id>
<summary type="html"><![CDATA[Godrej Consumer Products Ltd (GCPL) may buy a company in India, potentially in the skincare business, having consolidated its African joint ventures (JVs) by acquiring controlling stakes in them.]]></summary>
<updated>2017-06-28T12:57:33+00:00</updated>
</entry>
<entry>
<title>Bankruptcy proceedings started against Essar Steel, Monnet Ispat</title>
<link href="https://news.newswirebiz.com/@mnacritique/bankruptcy-proceedings-started-against-essar-steel-monnet-ispat-dk3yajynb3q7"></link>
<id>urn:uuid:4093e779-9d33-351c-1edc-cb2011abe11f</id>
<summary type="html"><![CDATA[Essar Steel Ltd and Monnet Ispat and Energy Ltd have become the first of the 12 big bad loans cases identified by the Reserve Bank of India (RBI) against which bankruptcy proceedings have been filed]]></summary>
<updated>2017-06-28T12:29:44+00:00</updated>
</entry>
<entry>
<title>Airtel may buy Tata Tele: UK research firm</title>
<link href="https://news.newswirebiz.com/@mnacritique/airtel-may-buy-tata-tele-uk-research-firm-6p3w6bwer85y"></link>
<id>urn:uuid:951e6717-61ab-dcaa-66fe-3e8880a6e93b</id>
<summary type="html"><![CDATA[Bharti Airtel is the most likely acquirer of the struggling Tata Teleservices as the Indian telecom sector consolidates into a four-operator market in the next three years]]></summary>
<updated>2017-06-28T12:00:00+00:00</updated>
</entry>
<entry>
<title>Holding company discount may weigh on Grasim merger</title>
<link href="https://news.newswirebiz.com/@mnacritique/holding-company-discount-may-weigh-on-grasim-merger-yd8j7wwaa3kp"></link>
<id>urn:uuid:b35cd12c-b654-3792-e59d-1e5bf08b1937</id>
<summary type="html"><![CDATA[Grasim Industries Ltd has been on investors’ radar screens since it announced its fourth-quarter results last month, with all of them eager to get an update on the much-talked about restructuring plan.]]></summary>
<updated>2017-06-27T13:04:25+00:00</updated>
</entry>
<entry>
<title>IFMR Capital plans fund to invest in firms focused on financial inclusion</title>
<link href="https://news.newswirebiz.com/@mnacritique/ifmr-capital-plans-fund-to-invest-in-firms-focused-on-financial-inclusion-e63mq77wb3d4"></link>
<id>urn:uuid:49b7ad40-c9b9-fed6-42cb-15ac27c8d758</id>
<summary type="html"><![CDATA[IFMR Capital, an impact-focused financial services firm, is planning to set up an overseas fund as it looks to raise capital from offshore markets for investing in businesses focused on financial inclusion, a senior executive of the firm said.]]></summary>
<updated>2017-06-27T12:52:18+00:00</updated>
</entry>
<entry>
<title>Vedanta&#039;s dream has just begun; to invest $6-7 billion: Anil Aggarwal</title>
<link href="https://news.newswirebiz.com/@mnacritique/vedantas-dream-has-just-begun-to-invest-6-7-billion-anil-aggarwal-dx8aammwa8p6"></link>
<id>urn:uuid:c9a05db4-db9f-dbbe-146e-d3b7836cbb9c</id>
<summary type="html"><![CDATA[Working on creating a natural resources giant anchored in India, Vedanta's dream has only just begun and it will invest USD 6-7 billion on expanding overall capacity in 3-4 years, metals and mining baron Anil Agarwal said.]]></summary>
<updated>2017-06-27T12:08:21+00:00</updated>
</entry>
<entry>
<title>Snapdeal sale to Flipkart delayed due to complex due diligence process</title>
<link href="https://news.newswirebiz.com/@mnacritique/snapdeal-sale-to-flipkart-delayed-due-to-complex-due-diligence-process-4n3b5p6q58pq"></link>
<id>urn:uuid:5f271be0-4cc4-14b1-2a8a-6103c0a9c023</id>
<summary type="html"><![CDATA[A complex due diligence process is delaying the Snapdeal sale to Flipkart, two people familiar with the matter said.]]></summary>
<updated>2017-06-26T12:58:28+00:00</updated>
</entry>
<entry>
<title>SAIL seeks NITI&#039;s help over differences with ArcelorMittal in Rs 5K-cr JV</title>
<link href="https://news.newswirebiz.com/@mnacritique/sail-seeks-nitis-help-over-differences-with-arcelormittal-in-rs-5k-cr-jv-6p3w6b5jn85y"></link>
<id>urn:uuid:95816b87-07d9-dae1-e815-3347049bcdf4</id>
<summary type="html"><![CDATA[The country's largest steel maker SAIL has sought help from government think-tank NITI Aayog to resolve differences with ArcelorMittal over setting up of about Rs 5,000-crore auto-grade steel plant.]]></summary>
<updated>2017-06-26T11:35:42+00:00</updated>
</entry>
<entry>
<title>Siemens, Schneider Electric and Eaton Corporation join ABB in race for L&amp;T&#039;s electrical unit</title>
<link href="https://news.newswirebiz.com/@mnacritique/siemens-schneider-electric-and-eaton-corporation-join-abb-in-race-for-l-ts-electrical-unit-qw8dex7mq36n"></link>
<id>urn:uuid:8bb7760d-eb3d-8b73-5ae2-55393b37cdff</id>
<summary type="html"><![CDATA[Global industrial conglomerates Siemens, Schneider Electric and Eaton Corporation have joined ABB in the race to acquire the electrical and automation division of Larsen & Toubro]]></summary>
<updated>2017-06-26T11:04:37+00:00</updated>
</entry>
</feed>