- SpiceJet allots 6.4 cr shares to W Ross, Istithmar
Leading low-cost carrier SpiceJet today said it has alloted 6.4 crore shares or nearly 20 per cent stake of the company to fund firms of W ...
11 Jun, 2010, 08.55 PM IST
- Dubai World in deal to rejig $23.5-bn debt
Dubai World, the state-owned holding company, reached an agreement with creditors to restructure $23.5 billion of liabilities as it seeks t...
21 May, 2010, 01.24 AM IST
- Moody's urges debt-laden Dubai World to sell assets
Dubai World will have to sell more assets in order to restructure about 22 billion dollars of debt owed by the state-owned conglomerate's s...
15 Feb, 2010, 08.18 PM IST
- Istithmar sells SpiceJet stake for Rs 160 crore
Istithmar World Capital, the investment arm of Dubai World, has sold its entire 13.4 per cent holding in SpiceJet.
05 Feb, 2010, 10.52 AM IST
- Dubai to exempt ports from DPW recast
The Dubai government has clarified that it would exempt the port operator arm from restructuring of the company.
30 Nov, 2009, 02.11 AM IST
- Has the sun set on Dubai World?
'The Sun Never Sets on Dubai World', screams a banner on the website of the state-owned flagship investment arm of Dubai, even as its inabi...
27 Nov, 2009, 05.46 PM IST
Dubai may face realty firesaleInternational property advisors are bracing to revalue and sell trophy assets owned by Dubai World. Burj Dubai: The tallest tower | Dubai's...
27 Nov, 2009, 03.30 PM IST
- Dubai-backed companies under review amid downturn
A leading credit agency warned on Monday it may cut its ratings for some of Dubai's most prominent state-backed companies and renewed quest...
03 Feb, 2009, 01.22 AM IST
- Dubai investment firm sheds 10 percent of jobs
A Dubai investment company said on Sunday it is shedding 10 percent of staff, making it at least the second government-owned employer here ...
18 Jan, 2009, 09.32 PM IST
- SpiceJet to get first tranche of $35-40 mn in a week
Low cost carrier SpiceJet expects to receive the first tranche of $35-40 million within a week as a part of its funding agreement with glob...
12 Aug, 2008, 09.16 PM IST
- Wilbur Ross, the boss of bankruptcy
Wilbur Ross made his fortune by taking over bankrupt steel, coal and textile companies. World's Best Airport | Fighter planes | World's Top...
16 Jul, 2008, 10.50 AM IST
- Dubai World may up its stake in MGM
Dubai World may raise its stake in Las Vegas-based casino company MGM at the right price, the company's chairman Sultan Ahmed Bin Sulayem s...
21 Oct, 2007, 10.41 PM IST
- DP World looks to buy, expand ports in India & China
DP World, thwarted in an attempt to expand in the US, is seeking to buy or expand port facilities in China and India as trade booms in the ...
13 Jul, 2007, 02.59 AM IST
- DP World plans to buy, expand ports
Thwarted in an attempt to expand in the US, DP World is seeking to buy or expand port facilities in India and China.
13 Jul, 2007, 02.32 AM IST
- Dubai buys Queen Elizabeth 2 for $ 100 mn
A Dubai-owned company announced on Monday that it bought the Queen Elizabeth 2, a giant ocean liner launched in 1967, for $ 100 million.
18 Jun, 2007, 10.30 PM IST
- Istithmar, easyHotel to ink pact for budget chain
Dubai-based Istithmar Hotels and UK-based easyHotel are close to signing a JV agreement to launch a chain of budget hotels across the count...
02 Apr, 2007, 02.24 AM IST
- Global hospitality majors make beeline for India
Global hospitality majors like Dawnay Day, Whitbread, Jumeirah, Golden Tulip, Istithmar and Mandarin Oriental are exploring plans of enteri...
29 Nov, 2006, 12.57 AM IST