government has shortlisted three consultants--Boston Consultancy Group, Ernst & Young and Mckinsey--for advising it on stake sale in IFCI among other issues....
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report by Ernst & Young answers Tandberg stockholders who believe Cisco's $3 billion offer is too low.The price has been challenged by a group of Tandberg stockholders representing about a quarter of the Norwegian firm's shareholders, but the Ernst & Young report, commissioned by Tandberg management, counters the dissident stockholders."It is of our opinion that the terms of the offer are fair from...
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spat between Sports Direct and Newcastle United owner Mike Ashley and Kaupthing Singer and Friedlander's administrators reached a new level yesterday as the two parties traded yet another round of claims over disputed shares.The row has been rumbling since KSF – the UK arm of failed Icelandic bank Kaupthing – collapsed last October, taking Sports Direct's holdings of 28.5 per cent of the voting rights...
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With per capita income in India constantly on the increase and middle class families having more disposable income in their hands, the direct selling industry in the country is expected to reach Rs.5,320 crore by 2012-13, up from Rs.3,330 crore in 2008-09, according to a new survey by global consultancy firm Ernst & Young. The direct selling industry could help in women’s empowerment as almost 70 per...
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Four companies including IFCI Venture, Capital 18 have submitted their proposals to become the strategic investor of state-owned Punjab Infotech Venture Fund (PIVF). "We have received proposals from four companies to invest in the Punjab Infotech Venture Fund," a senior official of Punjab Venture Capital Ltd (PVCL) said here. Besides IFCI Venture and Capital 18, the other two companies, which have...
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India along with other emerging BRIC markets such as China and Brazil are expected to lead the recovery in the global IPO markets by the end of this year, a survey by global consultancy firm Ernst & Young says.According to the Ernst & Young 'Institutional Investor IPO survey 2009', a handful of Initial Public Offering (IPO) markets worldwide would show recovery by the end of 2009.Of the over 300 institutional...
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Driven by a robust growth in the health segment, Indian direct selling market that grew 17 per cent last fiscal is poised to touch Rs 5,320 crore by 2012-13, according to a report by consultancy firm Ernst & Young....
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Driven by improved liquidity and business confidence, mergers and acquisitions (M&A) as well as private equity (PE) activities in the country are showing signs of recovery and the deal space is likely to see an uptrend in the coming months, experts said."The optimistic outlook of the global markets is now reflecting on the transactions landscape of the country. The current quarter has set the ground...
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rising oil price has helped the UK's energy industry move towards recovery, a survey of smaller firms in the oil and gas sector suggests.Ernst & Young's index of activity registered a strong gain of 35% in the third quarter of this year, and a rise of 114% since the start of this year.The survey found more than half of oil and gas company bosses said they were looking at acquisitions.Oil prices had...
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best-selling author Marcus Buckingham set his sights on analyzing what the happiest and most successful women have in common.invited Buckingham and several dozen readers to an Oct. 7 breakfast at the midtown Manhattan headquarters offor a panel discussion with four top female executives. The panelists, all of whom have been successful in managing their own careers while also helping foster a culture...
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