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South Asia Bankruptcy News. Service for global professionals. Constantly updated news and information about South Asia Bankruptcy.
Latest South Asia Bankruptcy News
- Reliance Industries Makes Offer for Bankrupt LyondellBasell to Grow Abroad 23 Nov 2009 03:15 GMT
... Industries AF, in what could be the South Asian country’s biggest acquisition in two years. The refiner ... percent of the company’s assets are in India. The Financial Times today cited an unnamed person ...
- India Inc in News - November 23 23 Nov 2009 03:30 GMT
... oil and gas business in the Central Asian nation Kazakhstan. ``We would like to confirm that we ... could pay up to USD12 billion for bankrupt petrochemicals company LyondellBasell, bankers familiar with the ...
- IMF: back from the dead 23 Nov 2009 17:55 GMT
... finance and private investment, as China, South-East Asia and even India to a limited extent began investing in ... and employment have already been ravaged. Ukraine, Pakistan and Latvia, for example, have all been ...
- Reliance Bid for Lyondell Under $12 Billion Positive, CLSA Says 23 Nov 2009 12:15 GMT
... ’s bid for bankrupt chemicals and fuels maker LyondellBasell Industries AF ... pays less than $12 billion, brokerage CLSA Asia-Pacific Markets said. Reliance, the oil refiner and ... reduce the risk of investing mostly in India, where it is battling a lawsuit over natural gas ...
- India's Reliance Industries offers to acquire LyondellBasell 23 Nov 2009 11:54 GMT
... Netherlands-based company, whose operation is currently under bankruptcy protection, said the source familiar with the ... it would have to display,” said an Asian polymer trader who sells to Reliance, however, could ... an Asian polymer trader who sells into India. Investment bank Cazenove said that on first glance ...
- Red Alert, The Second Wave of The Financial Tsunami to Hit in 2010 23 Nov 2009 16:36 GMT
... production of goods, principally to China and India to “feed” the developed economies. The entire system was ... a nuclear deterrent and was forced into bankruptcy that the balance tilted in favour of ... the biggest game in town was the Asia gambit. Japan, after a decade of recession following ...
- Indian shares up 0.4 pct; Reliance leads 23 Nov 2009 05:40 GMT
... to buy a controlling interest in U.S.-based bankrupt petrochemicals company LyondellBasell Industries. [ID:nN21473364] ), which ... Gajendra Nagpal, CEO of Unicon Financial. Positive Asian markets also helped sentiment, with MSCI's measure of ... firm said its joint venture with Gammon India ( ) won an order worth 3.1 billion rupees from ...
- BSE Sensex up 0.4 pct; Reliance leads 23 Nov 2009 06:13 GMT
... People watch a large screen displaying India's benchmark share index on the facade of the... ... to buy a controlling interest in U.S.-based bankrupt petrochemicals company LyondellBasell Industries. Reliance, which has ... Gajendra Nagpal, CEO of Unicon Financial. Positive Asian markets also helped sentiment, with MSCI's measure of ...
- BSE Sensex seen flat to lower; Reliance watched 23 Nov 2009 05:12 GMT
... offer to buy controlling interest in U.S.-based bankrupt petrochemicals company LyondellBasell Industries. Reliance, the country's ... to roaming calls. The MSCI's measure of Asian markets other than Japan was up 0.5 percent ... percent by 0311 GMT, but the Nifty India stock futures in Singapore were trading 0.2 percent lower. ...
- Indian Market To Track Global Cues For Direction 23 Nov 2009 05:32 GMT
... be closely watched by investors. Currently, the Asian markets are showing a mixed trend, moving in ... to buy a controlling stake in U.S-based bankrupt chemicals maker LyondellBasell Industries. Tata Power said ... solar applications. The Life Insurance Corporation of India said it has hiked its stake in state-run Bank ...
- Sensex rises on Reliance Industries' global buyout plans 23 Nov 2009 17:25 GMT
... From correspondents in Maharashtra, India, 06:00 PM IST Buoyed by gains in the scrip ... had bid for a controlling stake in bankrupt Dutch petrochemicals firm LyondellBasell Industries. At the ... down 0.82 percent at Rs.2,407.55. Other major Asian markets ended a mixed bag. The Hang Seng, ...
- Asia's Rice Culture Threatened 22 Nov 2009 14:55 GMT
... the per capita consumption of rice in Asia is declining: it came down from 236 grams per ... a vicious cycle of low returns, debt, bankruptcy, and abject poverty. It has been alleged ... BioScience has illegally planted GM rice in India. One scientist has claimed that certain varieties in Jharkhand ...
- Reliance Makes Cash Offer for Bankrupt LyondellBasell 22 Nov 2009 01:55 GMT
... in closely held LyondellBasell Industries AF, the bankrupt chemicals and fuels maker. Terms weren’t disclosed. ... Reliance expand beyond its customer base in Asia into Europe and North America to become “a global ...
- Cheap dollars stoke boom in India, Asia 22 Nov 2009 15:51 GMT
... It's hard to remember the gloom and doom in India nine months ago. The Sensex had crashed along with ... caused a production shortage, which led to bankruptcies and a further credit shortage, in a ...
- LyondellBasell may lift RIL revenue, add heft 22 Nov 2009 17:35 GMT
... company Reliance Industries Ltd (RIL) to acquire bankrupt chemicals maker LyondellBasell Industries AF, if successful, ... bring limited value to RIL’s business in India, which has sufficient domestic capacity to meet demand, one ... up RIL’s ranking” a few notches in Asia’s energy rankings, according to Vandana Hari, Asia news ...
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