Anonymous sources
Economic Times
FDI in retail: Is BJP making the N-deal error or is its 'Left turn' working? - Economic Times
Another leader who did not wish to be identified said "all aspiring party leaders [prime ministerial and party presidential hopefuls] are vying to appease the RSS [which is pro-swadeshi]". And some party leaders have been anxious: will the opposition ...
FDI in retail: Mamata Banerjee puts the agenda on hold - Economic Times
"We heard the West Bengal chief minister announcing a decision of the government at the Centre. We want the centre to explain," said CPI leader Gurudas Dasgupta. Meanwhile, a senior government official said he had no clue about any policy change. ...
Ex-Temasek India head Manish Kejriwal may team up with CD&R - Economic Times
CD&R will take a minority stake in Kedaara Capital, an India-focused private equity fund manager set by Kejriwal after he exited Temasek earlier this year, according to people familiar with the matter. They spoke on condition of anonymity and declined ...
Iranian diplomats set to leave UK after expulsion - Economic Times
The diplomats will be flying out of Heathrow Airport on a chartered IranAir plane around 4 PM local time, said an employee of IranAir in London who refused to give his name because he said he was not allowed to speak to the media. ...
Obama invokes Cold War-era national security powers to unmask Chinese telecom ... - Economic Times
The survey represents "very high-level" concern that China and other countries may be using their growing export sectors to develop built-in spying capabilities in US networks, said a senior US intelligence official who asked not to be named because he ...
Commitment for social development won India mine bid in Afghanistan - Economic Times
... of India-led consortium won the bid to mine Afghanistan's largest iron ore deposit mainly because of its commitment to offer more jobs to local people and participate in social development programmes, a person familiar with the matter said. ...
Thomas H. Lee Partners eyes buyout of Yahoo's US business: Sources - Economic Times
In taking this approach, THL is charting a different path than other private equity firms such as Silver Lake, KKR and TPG, which are expected to put in bids for a stake of up to 20 percent in the company on Monday, sources said. ...
Hindustan Petroleum delays Vizag units shutdown to next year: Source - Economic Times
"The shutdown has now been pushed back to the first quarter at the earliest, otherwise it will be in the next fiscal year," the source, who requested anonymity because he is not authorised to speak to the media, told Reuters. ...
Lanco Infratech close to deal on hiking coal prices at Australia mine - Economic Times
HYDERABAD: Lanco Infratech-owned Griffin Coal's threat to halt coal supply to the Bluewaters Power Station in Western Australia unless prices are revised upward seems to have worked, with sources close to the development indicating an agreement might ...
Oil ministry reshuffles key officials handling crucial oil and gas issues again - Economic Times
If you don't work, you will get your salary and no body would question you," said an official who did not wish to be identified. The ministry has several crucial decisions pending but bureaucrats are reluctant to take decisions fearing they may be ...
Ajit Singh likely to get civil aviation portfolio - Economic Times
... The Congress party and the Rashtriya Lok Dal (RLD) are likely to soon announce a pre-poll alliance, an arrangement that could see RLD chief Ajit Singh getting the civil aviation portfolio, two Congress leaders told ET on the condition of anonymity. ...
From household names to forgotten history: Story of India's grand old brands ... - Economic Times
A senior brand professional, who handled a cooking oil brand in the early-2000s but did not want to be identified, says Bunge was essentially a commodity player and lacked the "marketing mindset" to revive Dalda. "The company launched refined oil ...
European economic crisis, Iran to dominate US-EU Summit - Economic Times
... across the Middle East and North Africa, and in other regions; their continuing coordination on Iran; and commitment to improve trans-atlantic law enforcement and counter-terrorism cooperation, a senior administration official said. ...
Eurozone split over private sector role in debt rescue fund - Economic Times
"The debate is not new and it has taken place within the eurozone for a while," the source said. The German, Finnish and Dutch finance ministers met on Friday to discuss the two-year-old debt crisis. The euro area's 17 finance ministers meet in ...
Global markets: Stocks end worst week in 2 months; euro at 7-week low - Economic Times
... demanding that its new bonds' net present value -- a measure of the current worth of future cash flows -- be cut to 25 per cent, a far harsher measure than a number in the high 40s that banks had in mind, according to people briefed on the matter. ...
Suzuki files for arbitration in VW dispute - Economic Times
Now it's about who gets custody of the kids," said a person close to the proceedings. Chief Executive Osamu Suzuki plans to argue before the tribunal that he only sold the company's treasury stake to Volkswagen on certain conditions set forth in the ...
JP Morgan to buy MF Global stake in LME - sources - Economic Times
The US investment bank would pay 25 million ($39.1 million) pounds for the stake in the world's largest metal market, the sources said, implying a total value of around 530 million pounds for the operator. An announcement could come as early as this ...
Barack Obama to push for payroll tax cut extension - Economic Times
A senior administration official said the president would not insist on the cuts being paid for immediately. The official spoke on the condition of anonymity in order to discuss internal administration strategy. The 2 per cent payroll tax cut expiring ...
JP Morgan Global Fund picks 45% stake in Nitesh Estates for $40 million - Economic Times
The raised money will be used by Nitesh for ongoing projects in Chennai and Bangalore and to conclude an impending joint development agreement," said a person close to the development. MA Venkateshan, chief financial officer of Nitesh Estates, ...
IFCI, DCB pull out of corporate debt recast model - Economic Times
"IFCI has written a letter to all lenders saying they wanted to opt out of the CDR forum as they are not able to get their view point across," said a banker who has received a copy of the letter, but did not want to be identified. ...
Tata Sons board may see new faces such as Muthuraman, Ravi Kant, Ramadorai ... - Economic Times
The vice-chairmen of four flagship companies - B Muthuraman of Tata Steel, Ravi Kant of Tata Motors, S Ramadorai of TCS and Prasad Menon of Tata Chemicals - may soon join the Tata Sons board, say people familiar with the matter. ...
APJ Abdul Kalam ropes in six IIM-A graduates - Economic Times
Confirming the number of offers extended by Kalam's office to the IIM-A students, an official close to the development said that the students will be handling various social campaigns and roles related to rural development under Kalam. ...
Kingfisher's Vijay Mallya calls on SBI for Rs 400 crore loan - Economic Times
"Kingfisher is behind schedule on lease rental payments to every leasing company," said an official of one of the leasing companies that have exposure to Kingfisher. He did not wish to be identified because of the sensitivity of the matter. ...
Petrol prices to be revised every 15 days - Economic Times
If the government interferes, it will have to compensate us for any loss," said the official, who did not want to be identified. Oil companies had unexpectedly raised petrol prices on November 4 by Rs 1.80 in Delhi, creating a political uproar and ...
PepsiCo directors warm to splitting company: Report - Economic Times
"I hear there is going to be a shake-up," a source said, according to a newspaper report. Another source quoted by the paper said CEO Indra Nooyi is close to announcing two big acquisitions, which are believed to be international, and which could be ...