US-based Babson Capital Management, a global investment management firm, has provided subordinated debt and made an equity co-investment to support River Associates Investments’ acquisition of a controlling stake in Rose City Printing ...
Tags: Babson Capital Management, investment management, acquisition
The number of new outsourcing contracts worldwide dropped by 20% in the second quarter, to 411 from 516 in the same period a year earlier, with contract values also sliding, according to new research. "The market is growing, but the pace ...
Tags: outsourcing contracts, second quarter, IT services, IT
Brussels, Belgium-based D'Ieteren, owner of the Belron® Group and Belron's U.S. subsidiary, Safelite Group, has revised its "Guidance for 2012 and 2013," reporting it anticipates declines in the coming year. In addition to owning Belron ...
Tags: Brussels, Safelite Group, car rental services, car
For Jagdeep Singh,head of software development at the Financial Times,agile programming is less about formal development techniques and more a way of modern business life. In the fast-moving world of the media,development teams have to ...
Sprint Nextel is in negotiations to acquire the remainder of Clearwire, its 4G WiMax network partner, say news reports. Sprint owns about 51 percent of Clearwire's stock and is the main wholesale customer of its national WiMax network. ...
Tags: Sprint Nextel, Clearwire, 4G WiMax network, WiMax network
Hewlett-Packard CEO Meg Whitman has moved to reassure customers that the future of its Autonomy product line is safe, a day after HP disclosed an alleged accounting scandal at the company it acquired last year. "We remain 100 percent ...
Tags: HP, CEO, Meg Whitman, Autonomy product
Economic Times reported that Uttam Galva group,which recently acquired majority stake in the ailing Lloyds Steel,would turn around the fortunes of the acquired company and planned to double its operating profit in about a year. Mr ...
Tags: Lloyds Steel, Economic
Mytrah Energy Limited is busy adding fresh capacity to its wind power generation portfolio across several States including Andhra Pradesh,Tamil Nadu,Karnataka and Maharashtra.Mytrah currently holds a wind power generation asset portfolio of ...
Tags: Mytrah Energy, Wind power, Energy
Business Standard reported that TATA Group's holding company,TATA Sons,has pledged shares worth over INR 2,600 crore in three flagship group companies. On December 24th,TATA Sons pledged 11 million shares in TATA Motors,10 million in TATA ...
Tags: TATA Group, TATA Sons, INR
An investor in Clearwire has stepped up its fight to get a better price for the mobile operator, but Clearwire's alternatives to a Sprint Nextel buyout may be limited due to the nature of its spectrum and its business. Though U.S. mobile ...
Tags: Clearwire, Spectrum Craze, Sprint, Bid
Faced with a pending debt payment at the end of March, Caribbean Cement Company (Carib) has increased the prices by an average 16.5 per cent. Having already implemented a 9.2 per cent price increase in June, the manufacturer should see ...
Tags: debt payment, domestic sales, revenue, new terms, Carib
Indian automobile manufacturer Maruti Suzuki is considering building its first vehicle assembly plant in Africa to boost exports. Maruti Suzuki India chairman R.C. Bhargava told Bloomberg that firm is in search of new markets and Africa ...
Tags: Maruti Suzuki, vehicle assembly plant, Africa, boost exports
Business Standard reported that the Hinduja Group’s foundry arm Hinduja Foundries Ltd is planning to report to the Board for Industrial and Financial Reconstruction due to the erosion of net worth of the company. According to ...
Tags: Hinduja Group, Hinduja Foundries Ltd, India, Financial Reconstruction
According to commodities economist Ross Strachan at UK based Capital Economics, with global molybdenum production due to increase, and a slowdown in demand on the horizon, prices are set to fall in 2013. Stronger than expected 2013 ...
Tags: Capital Economics, molybdenum production, Ross Strachan
Hewlett-Packard CEO Meg Whitman has once again affirmed the company's commitment to its embattled Autonomy software division, stressing that HP's fiscal health is stronger than recent developments may have suggested. "It's been a quiet ...
Tags: HP, Whitman, CEO, Autonomy software division