Anonymous sources
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Regulators expected to bar political event contracts - domain-B
Wall Street's recent bid to profit from politics is set to come a cropper as financial regulators are expected to prohibit traders from betting on the outcome of the 2012 election, according to people briefed on the matter cited by The New York Times.
Madras Cements in talks with Lafarge, Holcim to sell West Bengal unit - domain-B
Madras Cements, part of Chennai-based Ramco Group, is in talks with Lafarge and Holcim to divest its cement grinding unit in West Bengal for around Rs350 crore, The Times of India today reported, citing sources briefed on the matter. ...
IPO may value discount site LivingSocial at $10 bn - domain-B
The Washington, DC-based company is seeking to raise about $1 billion in an IPO and has been in talks with Barclays Plc, JPMorgan Chase & Co and Allen & Co to lead the offering, according to the person, who requested anonymity due to the private nature ...
LSE not in the fray for LCH.Clearnet - domain-B
The people, who requested anonymity as the discussions are private said no decision had been taken on any potential sale. Clearinghouses such as LCH.Clearnet and Eurex Clearing function as central counterparties for every buy and sell order executed by ...
Sony mulling reward for information on PlayStation attackers - domain-B
... after a pair of attacks compromised as many as 100 million accounts, Japanese electronics giant Sony is mulling offering a reward for information leading to the arrest and prosecution of the attackers, according to people familiar with the matter. ...
IT raids offices of JSW Steel, JSW Energy - domain-B
The companies, according to an official who requested anonymity said the companies had allegedly adjusted accounts to reduce tax liability. According to JSW group spokesperson Sharmila Banerjee, who confirmed the raid at the company's Lower Parel ...
FTC scrutinising Apple terms for media companies - domain-B
US antitrust enforcers are scrutinising the terms that Apple Inc introduced this week for media companies who wish to sell their content on its popular iPad and other devices, according to people familiar with the matter. ...
US coffee major Starbucks in talks with Indian corporates: Reports - domain-B
A report in the Times of India, which quoted two unnamed separate sources close to the development said, Starbucks was discussing India plans with potential ...
Rusal snubs Interros' $9-bn offer to buy 25-% stake in Norilsk Nickel - domain-B
Citing a source close to Interros, Vedomosti reported Friday that Potanin has sent a letter to Rusal chairman Viktor Vekselberg seeking to commence ...
Al Fayed to sell Harrods to Qatar Holding for £1.5 million - domain-B
... Mohammed Al Fayed has agreed to sell Harrods to Qatar Holding for about £1.5 billion ($2.22 billion), according to a person familiar with the matter. ...
SBI may pick up 49 per cent in Tata Motors Finance: report - domain-B
... and buses segment where it currently has no presence, the report said, adding that the sources refused to be identified as the deal was not finalised. ...