Singapore-based Tiger Airways may be looking to invest upto 45 percent in SpiceJet. The company is likely to be involved in talks with several PE players to invest in SpiceJet.
When Mario Monti became Italian prime minister last November it seemed he could do no wrong. Borrowing costs fell and praise poured in from commentators, international bodies and political leaders on both sides of the Atlantic.
Oman Investment Fund (OIF), a sovereign wealth fund owned by the Oman government, and a hedge fund have agreed to buy part of the National Stock Exchange's (NSE) stake in the National Commodity & Derivatives Exchange (NCDEX) in a deal that would value the bourse at Rs 700 crore, The Economic Times reported on Monday.