Further to the announcement earlier today by the boards of Amaya Gaming Group Inc. ("Amaya"), and CryptoLogic Limited ("CryptoLogic") of the terms of a recommended cash offer to be made by Amaya for the entire issued and to be issue…
There are several interested buyers for those packages, including India's Reliance Group, the people said. A possible sale to private equity would be one of the largest buyouts in the last year in an industry that has seen a flurry of deal activity…
MUMBAI (Dow Jones)–Indian shares ended at their highest levels in more than 11 weeks Friday, driven by gains in heavyweight Reliance Industries and underpinned by positive Asian markets. Shares gained for a third straight session with sentiment …See…
By RAKESH SHARMA NEW DELHI – Reliance Industries Ltd. Friday reported its first decline in quarterly net profit in more than two years and said it will spend up to 104.40 billion rupees ($2.07 billion) to buy back shares, as it seeks to utilize its ….
The stake sale is part of a wider initiative by debt-laden units of the Reliance Group headed by Indian billionaire Anil Ambani. Last year, Nippon Life bought about a 26% stake in Reliance Life, the life insurance arm of the group, for about 58 billion…
("UPDATE: Reliance Industries Board To Consider Share Buyback Friday," at 1244 GMT, misstated that the shares have hit a six-month high in the second paragraph. The correct version follows:) By Gurdev Singh Virk MUMBAI (Dow Jones)–Reliance I…
MUMBAI (Dow Jones)–Indian shares ended at their highest level in nearly six weeks Tuesday, buoyed by gains in Reliance Industries and supported by a rally in Asian bourses. Regional markets rose after data showed China's economy grew faster than ….
By Steve Gelsi NEW YORK (Dow Jones)–Kinder Morgan Inc. is reportedly holding talks with Apollo Global Management LLC and India's Reliance Industries Ltd. over the sale of El Paso Corp.'s exploration and production business, in the latest of a …
MUMBAI (Dow Jones)–Indian shares ended at their highest level in a month Tuesday, led by Reliance Industries and banks, and in line with gains in regional and European bourses. Sentiment was further buoyed as the Indian rupee strengthened to a …See …
Toyota's difficulties in cars stem not from missteps on new vehicles but its heavy reliance on importing cars made in Japan. In November, Toyota President Akio Toyoda, grandson of the company's founder, flew to Blue Springs, Miss., for the star…