Industry News

Statoil ASA with immediate effect in order to avoid potential conflicts of interests following his new appointment as CFO of the Maersk group. Stausholm takes up his new position as from 1 December 2016.. The nomination committee in Statoil will commence its search for a new board member, to allow for the corporate assembly to conduct a by-election when the nomination..."/>
Statoil ASA: Jakob Stausholm leaves the board of directors of Statoil
Maruti Suzuki India Ltd jumped 29.4% to a record 1,37,321 units in September as sales in all vehicle categories rose."/>
Auto sales rise ahead of crucial festive season [Mint, New Delhi]
RBI seen taking dovish stance [Mint, New Delhi]
IDFC Ltd, has raised its third real estate fund of Rs760 crore from domestic investors, with a large chunk of it coming from its existing investors. The IDFC SCORE Fund is a structured credit fund that will invest in residential projects in key property markets, and aims to provide fully secured, but flexible, debt to real estate developers. IDFC Alternatives has raised the fund at a time when investors are..."/>
IDFC Alternatives raises Rs760 crore realty fund [Mint, New Delhi]
Bharti Airtel Ltd, Vodafone India Ltd, Idea Cellular Ltd and..."/>
Muted response to spectrum auction [Mint, New Delhi]
Unitech Ltd to deposit Rs15 crore principal amount by September-end to pay back investors who had..."/>
Realtors refuse refunds fearing further pressure [Mint, New Delhi]
Dixon Technologies plans Rs300 crore IPO [Mint, New Delhi]
Loews Miami Beach. The $50 million renovation of the 790- room hotel? He signed off on it."/>
Miami is special, says Loews chairman Jonathan Tisch [The Miami Herald]
The big short [Financial Mail on Sunday, London]
Berkeley Energia and its shares, at 47 p, should rise substantially as the project moves towards production."/>
Financial Mail on Sunday, London, Midas column [Financial Mail on Sunday, London]
M and A Navigator: Deal pipeline –3 October
Eagan becoming a retail powerhouse [Star Tribune (Minneapolis)]
Henderson Group plc and Denver, Colorado-based global investment firm Janus Capital Group Inc. have agreed to an all-stock merger, the companies said. The combined company will be named Janus Henderson Global Investors plc, and will have a market cap of around USD 6 bn. The merger will be effected via a share exchange with each share of Janus common stock exchanged for 4.7190 newly issued shares in Henderson."/>
Janus Capital to Merge with UK Asset Manager Henderson Group

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