Friday, 4 October 2013

NEWS WRAP - OCTOBER 04, 2013

  • US based Private Equity firm TPG in talks to acquire stake in Manappuram Finance.
  • Lalu Prasad sent to jail for 5 years in Fodder Scam and loses Lok Sabha Seat.
  • Over 30 distressed power projects on block, big Companies uninterested.
  • US Burger chain Johnny Rockets to start two Restaurants in NCR.
  • TCS sign up as title sponsor for New York city  Marathon.
  • Star, ESPN  bag BCCI  for sponsorship right for 2013 - 2014 Season.
  • Essar Energy to sell 50% stake in Kenya Petroleum Refineries.
  • Diamond Merchants face income tax raid after hosting Narendra Modi.
  • Auto Care - 2013, organised by the Confederation of Indian Industry kicked off in Ahmedabad.
Source: Economic Times

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