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Mergers & Acquisitions | 11 April 2013

Delhi Press Plans To Buy Man's World Magazine

by Pranav Puri
Delhi Press Plans To Buy Man's World Magazine
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Delhi Press is in talks to buy Man's World. Delhi Press is also interested in buying rights to publish Rolling Stone in India, Mint states.

Radhakrishnan Nair, editor of Man's World and Rolling Stone India said that since past 6 months they have been looking for investments from publishing house and private individuals to maintain their pace of expansion.

HDFC Life, Manulife Identified As Bidders For HSBC's India Insurance Stake

HDFC Life, Manulife Identified As Bidders For HSBC's India Insurance Stake

HSBC is selling its 26% stake in Indian insurance arm and it has received interests from notable bidders.

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Navayuga Plan To Sell Stake In Its Power Assets

Navayuga Plan To Sell Stake In Its Power Assets

Hyderabad-based CVR Group unit Navayuga Power may sell stake in its power assets to Toshiba, Sumitomo, Mitsubishi & GDF Suez. The deal Value expected to be in between INR 13,800 to 14,400 Mn for equity stake 49 to 51%.

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