Anonymous sources

Reuters India



Egypt's military rulers study plan to speed up vote - Reuters India
A source close to the army said the military council, including leader Field Marshal Mohamed Hussein Tantawi, was meeting to decide on what was needed to speed up the Shura vote. "Other changes will have to take place if this plan passes, ...
December 26, 2011


Govt will not allow 3G roaming pacts - source - Reuters India
"Decision is clear that this is not permitted, and that is being conveyed to the companies," said the source, who did not wish to be identified. "No decision has been taken at this point on any consequential action. That is separate," the source said. ...
December 22, 2011


EC antitrust officials not swayed by NYSE-Deutsche Boerse - Reuters India
"There are big stakes for Europe here at a time when Europe's problems are front and center but no one is paying attention to this deal," one of the sources said. The latest meeting between executives and regulators follows weeks of terse negotiations ...
December 22, 2011


Silver Lake expanding leadership team-source - Reuters India
Silver Lake has informed its investors that Mike Bingle, Egon Durban, Ken Hao and Greg Mondre, who have been with the firm for more than a decade, are being promoted from managing directors to managing partners, the source said on Wednesday on ...
December 22, 2011


EXCLUSIVE - Amazon weighed buying RIM, interest cooled - sources - Reuters India
O) board wants co-chief executives Mike Lazaridis and Jim Balsillie to focus on trying to turn around the business through the launch of new phones, better use of assets such as BlackBerry Messaging and restructuring, two sources said. ...
December 21, 2011


Olympus ex-CEO looks to be losing boardroom bid - Reuters India
"Woodford does not have much chance of winning support from Japanese shareholders," said a Japanese banker, who declined to be identified because of the issue's sensitivity. Japan's major banks such as SMFG and Mitsubishi UFJ Financial Group are often ...
December 20, 2011


Fortis Health nears close of Singapore buy - Reuters India
Singh didn't elaborate on what he meant by an "asset-light model", but a source close to Fortis, who did not want to be identified, said the company was looking to raise funds by transferring some of its hospital buildings to a property trust that ...
December 19, 2011


Sunni politicians in crosshairs as US leaves Iraq - Reuters India
The security sources, who asked not to be identified, said the arrest warrant for Hashemi was issued after the vice president was linked to terrorist activities by four of his bodyguards, arrested on terrorism charges two weeks ago. ...
December 19, 2011


Google CEO's inner circle: Meet the L Team - Reuters India
Among the new members of Page's cabinet are social networking head Vic Gundotra, Android mobile chief Andy Rubin and YouTube head Salar Kamangar, according to people familiar with the matter. Page meets regularly with the team, which also includes ...
December 18, 2011


Greek budget hole widens, targets tougher to reach - Reuters India
"If current spending and revenue trends continue, the deficit will be at about 10 percent of GDP and not at about 9 percent," the official, who declined to be named, told Reuters before Tuesday's budget data were announced. ...
December 13, 2011


Govt has commissioned 186 MW solar projects - official - Reuters India
MUMBAI (Reuters) - India has so far commissioned solar projects with capacity of about 186 megawatt, of which 40 MW worth of off-grid projects were commissioned in 2011, a senior government official said on Tuesday. Tarun Kapoor, joint secretary, ...
December 13, 2011


Analysis: Shire readies Europe for first dose of amphetamine - Reuters India
Another analyst, who declined to be named, said sales would not be more than about $200 million five years after launch. "European prescribers are going to ask 'Do I want to use speed? Am I going to have students going on speed just to boost their exam ...
December 12, 2011


Haitong Securities pulls $1.7 billion HK offer: sources - Reuters India
SS), China's second-largest brokerage by assets, has pulled its up to $1.7 billion Hong Kong stock offering due to poor market conditions, sources said on Monday, the latest blow for new listings in Asia's once booming IPO centre. ...
December 12, 2011


Pincus makes power play with Zynga IPO - Reuters India
"Mark's willingness to be ruthless is necessary," said the soccer friend, who did not want to be identified. "He learned that by getting burned by VCs and investors." Pincus, through representatives, declined to comment for this story, citing the quiet ...
December 11, 2011


Greece, creditors to meet Monday on valuation - sources - Reuters India
By Daniel Bases NEW YORK (Reuters) - Greece and its private-sector bondholders will meet Monday in Athens, marking the next step in trying to bridge the wide gulf between the two sides for working out a voluntary restructuring, senior sources close to ...
December 10, 2011


LivingSocial raising $400 million - Reuters India
SAN FRANCISCO (Reuters) - LivingSocial is raising $400 million in a deal that doubles the valuation of the daily deals service from its last fundraising round in April, according to a person familiar with the matter. LivingSocial, the second-largest ...
December 7, 2011


Citi begins London investment bank layoffs - Reuters India
There are likely to be "several hundred" job cuts across the Europe, Middle East and Africa region, a person familiar with the matter said, as part of the layoffs outlined by Citi Chief Executive Vikram Pandit on Tuesday. The bank has already told some ...
December 7, 2011


Barclays to scale down retail banking in India - Reuters India
L) will abandon retail lending in India to focus on wealth management and corporate and investment banking, a move that a source said would result in the loss of about 150 jobs. Barclays, which is fighting to revive profitability, merged its Indian ...
December 7, 2011


Thais test taboos as war on royal slurs heats up - Reuters India
"We would take them to court and prosecute them," said the official, who asked to remain anonymous because he was not authorised to speak to the media. "It is against the law to do such a thing and as a result, they will be fined and jailed. ...
December 7, 2011


Panel urges legal action in damning Olympus report - Reuters India
One large western shareholder, who declined to be named, said he was impressed by the report for not "pulling its punches" although it had had too little time to shed light on the money trail. "That process is going to take a year," he said. ...
December 6, 2011


Exclusive: Glencore set for tie-up with Spain's Cepsa: sources - Reuters India
L) is in talks with Spanish refiner Cepsa on a merger of oil operations that would be a first major step towards transforming the commodity trader's energy division into a vertically integrated oil company, industry sources said. ...
November 30, 2011


Cabinet approves companies bill - minister - Reuters India
NEW DELHI (Reuters) - The cabinet has approved a new companies bill, a minister who did not want to be identified said on Thursday, in a step towards improving transparency and regulation of business houses in Asia's third-largest economy. ...
November 24, 2011


FEATURE - Syria army rebels fight from the shadows - Reuters India
"There is a lot of chaos right now," said one activist working with the Free Syrian Army, who declined to be named. "It will take them some time to organise." The Internet is vital, activists say, both for networking and raising morale through videos ...
November 23, 2011


Syria army rebels fight from the shadows - Reuters India
"There is a lot of chaos right now," said one activist working with the Free Syrian Army, who declined to be named. "It will take them some time to organize." The Internet is vital, activists say, both for networking and raising morale through videos ...
November 23, 2011


Easing Out - Reuters India
Insiders at ESPN, who spoke on background, were keen for Bodenheimer's move to be explained as a "move up and not out". Iger said in statement Bodenheimer's move reflected the depth of executive talent at ESPN. "We've focused on succession at all ...
November 23, 2011


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