- 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
- SpiceJet looks to rope in new investor as Istithmar exits
Gurgaon-based low-cost carrier SpiceJet has appointed the investment banking arm of financial services company Edelweiss to find a strategi...
06 Feb, 2010, 12.45 AM 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 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
- Kingfisher may buy SpiceJet in all cash deal
UB chief in talks with foreign investors to buy out budget carrier in all-cash deal.
05 Jul, 2008, 01.30 AM IST
- Dubai's Istithmar eyes subprime hit U.S. firms
U.S. real estate and financial companies hit by the mortgage market woes are an attractive investment opportunity, David Jackson, the chief...
11 Dec, 2007, 11.40 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
- Mallya now wants a ticket on SpiceJet
Vijay Mallya is keen on making a play for India’s second-largest low-cost airline SpiceJet.
16 Jun, 2007, 03.05 AM 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
- Tatas may double stake in SpiceJet
Tata Group is to double its stake in SpiceJet to around 14% and involve itself in the management.
27 Jan, 2007, 12.53 AM IST
- Texas Pacific drops plan to invest $30 mn in SpiceJet
The US-based private equity fund Texas Pacific Group, which had recently decided to invest $30 million in low-cost carrier SpiceJet, has de...
11 Jan, 2007, 01.49 AM IST
- MROs, pilot-training centres attract PE funds
The entry of big daddies such as the Tatas and global private equity players Texas Pacific Group, Istithmar and Goldman Sachs have re-ignit...
23 Dec, 2006, 03.44 AM IST
- SpiceJet deal gets even more spicier
A clutch of investors including the Tata group, and others are set to pick up a 25% stake in SpiceJet.
13 Dec, 2006, 02.22 AM IST
- SpiceJet board okays Tata stake buy
The SpiceJet board on Monday gave the green signal to Tata group’s investment in the low-cost carrier.
12 Dec, 2006, 03.29 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