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Hedge fund titans who bet big on India now say they were scammedNot only did the bet fizzle out, some global hedge funds even say they fell victim to a massive fraud.
Hedge funds alleging $1.5 billion fraud fear they'll 'bleed dry'The two hedge funds said they first noticed red flags with the company four years ago.
Trump Organisation's real estate partner in India accused of fraudA report said two firms - Children's Investment Fund Foundation, a charity of the British billionaire Christopher Hohn and Axon Partners, a...
Everstone Capital to acquire majority stake in Kailash Logistics for Rs 200 croreThe broad contours of the latest transaction envisages Everstone, through its logistics and warehousing unit IndoSpace, picking up a contro...
NxtGen raises $13.5-million for expansion and completion of Bengaluru data centreIt has two data centres in India -- Mumbai and Bengaluru -- and has offices in four major metros Bengaluru, Mumbai, Chennai, and Delhi.
Foodpanda gobbles up rival JustEat India; combined entity to have 250 employees in IndiaFoodpanda also acquired Room Service in Malaysia, City Delivery in Philippines, Eat Oye in Pakistan and Koziness in Hong Kong.
Food delivery apps boom as consumers seek local delightsA Crisil report, Fast Food on the Fast Lane, states that the QSR segment will grow into a Rs 7,000-crore-industry by 2015-16.
8 merchant bankers, including ICICI Securities, SBI Capital bid for NHPC's stake saleAs many as eight merchant bankers, including ICICI Securities, SBI Capital and Avendus, have applied for managing the 11.36 per cent stake ...
Axon Partners invests $5 million in iYogiiYogi had recently launched its services in Spain through a partnership with Telefonica and has also established a service delivery centre ...
Forum Synergies and Axon Capital to invest Rs 20 crore in electric bike company AmpereForum Synergies & Axon Capital will invest in Annamalai’s four-year-old electric bike company Ampere, for a minority stake.
Marks & Spencer may have to seek nod under multi-brand retail policyUK clothing chain Marks & Spencer may have to seek approval under the multi-brand retail policy to continue to do business in India.
Reforms get stuck in FDI versus FII fight as DIPP opposes change in definition of FDIChidambaram proposed a shift to an international classification under which less than 10% stake in a co will be treated as FII and anything...
No end to HCL and Infosys' war of words over British firm AxonThere seems to be no let-up in the war of words between Infosys and HCL that was triggered by bidding battle for Axon four years ago.
Lodestone deal for Rs 1,932 cr is Infosys' biggest buyThe revenue boost will help Infosys stay ahead, for the time being at least, of nearest rival Cognizant Technology Solutions.
- Six law firms in race to advice govt on EIL disinvestment
Six leading law firms, including Amarchand Mangaldas and Luthra & Luthra, are in the race to provide legal advice to the government on the ...
- HCL to provide support services to Linde Group
HCL Technologies on Thursday announced that its German subsidiary has entered into a multi-year, multi-regional enterprise resource plannin...
- Infosys identifies European SAP firms as potential targets
Infosys has identified Polish firm BCC and German company Ciba Novasoft as potential targets. Nine trends for IT in 2009 | Technology Watch...