Friday, 11 April 2014

NEWS WRAP - APRIL 11, 2014

  • Vodafone acquires Piramal and Analjit Singh's stakes for Rs. 1,241 crores to complete its Indian arm buyout.
  • Dynavest India, a promoter of Max India buys 26 lakhs shares for over Rs. 51 crore.
  • Life Insurance Corporation of India (LIC) buys debt worth Rs. 4,300 crore from State Bond Auctions conducted by RBI of seven states.
  • Bombay High Court asks Geodesic to deposit $162 million in London Bank for its failure to redeem Foreign Currency Convertible Bonds (FCCBs).
  • Online Fashion Brand Yepme goes global, targets NRI market.
Source: Economic Times

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