Listed Finance Firm Madhusudan Sec Buying Weekender For Rs 100Cr

<!--New Delhi : -->Promoters of Primus Retail Pvt Ltd, that operates through the brand Weekender, are selling their flagship brand to a little known public listed finance firm Madhusudan Securities. According to the deal, Madhusudan Securities is acquiring the brand from Ascent Capital (formerly UTI Ventures)-backed apparel retail firm Primus Retail for Rs 100 crore partly through issue of shares that will giveshareholders of Primus majority stake in the listed company.Madhusudan will issue Read more [...]

Residents sue listed developer City Developments Limited

The residents of the Emery Point condominium have sued listed developer City Developments Limited. -- ST PHOTO: ALPHONSUS CHERN THE residents of the Emery Point condominium have sued listed developer City Developments Limited, the main contractor, five sub-contractors and the architect over numerous building defects. The condo's management corporation, representing the owners, is claiming about $600,000 in compensation to Read more [...]

AIM-listed OPG Power Ventures Raises $97M

<!--New Delhi : -->AIM-listed OPG Power Ventures has raised $97 million or £60 million by issuing around 64.5 million shares, which accounts for dilution of a 18.3% stake. The current round of funding will help the Chennai-based firm, which builds and operates power generation assets, to expand its capacity.OPG said in a statement that this equity funding will help it expand from the current 107 MW to a further 555 MW of capacity. The placement of shares was done at 98.5 pence per unit. Read more [...]

HTC Desire 2 and Pyramid listed by Vodafone Germany – Pocket

7 February 2011 12:17 GMT / By Ben Crompton Tweet The HTC Desire 2 has made an appearance, well it's been mentioned, in Vodafone Germany’s inventory system - leading to more speculation that it could be due an official announcement at Mobile World Congress 2011 (MWC). There have been various blurry pics, including the not-so-blurry one above posted by Engadget, via Mobile01, doing the rounds of Read more [...]

Morning Coffee! 2012 Super Bowl Odds Listed

by Ed Valentine • Feb 7, 2011 9:03 AM EST Good morning, New York sports fans! Here is your first look at the New York area sports scene for the Monday after Super Bowl XLV. Congratulations to the Super Bowl champion Green Bay Packers, 31-25 victors over the Pittsburgh Steelers. What we really care about this morning are the 2012 Super Bowl odds, specifically for the New York Giants and New York Jets. After two straight AFC Championship Game Read more [...]

Feb. 6: Join the Civic Association, Register for Spring Swimming

Welcome to another week of school, work – and daily guides to what's happening in Three Village. On Monday, your options include a civic association meeting, swim registration, dance club, homework help, and a few more events you can find listed in our event calendar. 1. The Civic Association of the Setaukets and Stony Brook meets on the first Monday of every month at 7:30 p.m. One of the topics tonight will be Gov. Andrew Cuomo's proposed tax cap and its potential effects on the Three Village Read more [...]

Rugby boss predicts TV tussle

(UKPA) – 1 hour ago Rugby Football League chairman Richard Lewis believes the BBC and Sky will face stiff competition for broadcasting rights, with ESPN tipped to make a bid to televise Super League from 2012.The existing deals for both the League and the Challenge Cup, with Sky and the BBC respectively, expire at the end of this season and the process of renewal has begun."We put the tender document out to prospective bidders last week and the broadcasters have a month to respond," said Lewis. Read more [...]

Royalstar closing down sale of all bloodstock

The Sale will be conducted by tender and the offering of about 100 lots includes Group and classic winning mares, ‘black type’ winner-producing mares in-foal and with foals at foot, weanlings and two and three-year-olds. As WA’s leading standardbred nursery, the Royalstar Farm Closing Down Dispersal Sale is attracting widespread interest. While the closing down of Royalstar Farm is regarded as a negative to the WA Harness Racing industry, the dispersal of it’s breeding and racing stock Read more [...]

Sale of PGW Finance loan book considered

MARTA STEEMAN The sale of PGG Wrightson Finance has been under consideration for some time its parent revealed in the target company statement. PGG Wrightson has not stated before that it has been considering selling its finance company. The target company statement said: "PGG Wrightson is currently undertaking a strategy to review the divestment of PGG Wrightson Finance Limited's finance book. However, this initiative has been Read more [...]

Generali Eyeing $300 Mln Of $3.5 Bln VTB Stake Sale

(Adds detail and background.) MOSCOW (Dow Jones)--Italian insurer Assicurazioni Generali (G.MI) is interested in buying a stake in Russia's VTB Group (VTBR.RS) for about $300 million during the bank's share sale this month, two people familiar with the matter said Monday. The Russian state is selling a 10% stake in the bank worth about $3.5 billion this month as the country seeks to privatize chunks of state-controlled assets to close its budget gap. VTB's initial public offering in 2007 Read more [...]