23 January, 2006

Hot seats!

Few catchy biz deals that i noticed today are from corporate honchos who sit in hot seats in their empire.

  • Mukesh eyes Real estate. ET calls him a a real visionary for the big budget business plans he put forth for REL. Now reliance is entering real estate business through SEZ with a budget of Rs100,000 crore ( nearly US $20 Billion)
  • Aircel's sivachandran renters telco thru Tata tele. You might be aware that he sold out his aircel to singapore telco major for US $1.4Billion. He is buying less than 10% stake in tata tele for US $200M. Kewl guy!
  • Jet airways Naresh goyal acquire air sahara for Rs.2300 crore( 500 million US$). Air sahara's subrato sahara is known for his eye-flashy business work and hope his organisation also resembles him. Dunno how this acquisition gonna work out. Jet lost market share from 48% to 35% over the last year, which made them for IPO and buy and increase the business in air world.


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1 comments:

Ghost Particle said...

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