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Dune Capital Is Potential Buyer for IndyMac
New York private-equity firm Dune Capital has emerged as a potential buyer of the failed IndyMac Bank.
Wall Street Journal

JC Flowers, others close to IndyMac deal: source (Reuters)
A consortium of private equity and hedge fund firms, including J.C. Flowers & Co, is close to a deal to buy the assets of failed mortgage lender IndyMac, a source familiar with the matter said on Sunday.
yahoo.com

Satyam shares may rise on better governance hopes
BANGALORE, Dec 29 (Reuters) - Shares in Satyam ComputerServices are expected to jump on Monday after theIndian outsourcer said it would consider more options toimprove its business practices, including strengtheningcorporate governance. New York-listed Satyam , India's No. 4 softwareservices exporter, has seen its shares plummet by about 40percent since a botched attempt two weeks ago to buy twoinfrastructure firms in which management held stakes.
Reuters

Scuttled Kuwait Deal Threatens Dow`s Plans
Kuwait scuttled a multibillion-dollar joint-venture deal with Dow Chemical, potentially complicating the chemical giant's efforts to complete a huge acquisition.
Wall Street Journal

UPDATE 1-Citigroup pumps $800 mln into S.Korea unit
SEOUL, Dec 29 (Reuters) - Citigroup Inc is injecting$800 million of new capital into its South Korean banking arm,Citibank Korea said on Monday, joining other banks in efforts toshore up their financial bases.
Reuters

Kuwait cancels $17 billion deal with Dow Chemical (Reuters)
Kuwait decided on Sunday to scrap a deal to form a $17.4 billion petrochemical joint venture with U.S. company Dow Chemical .
yahoo.com

San Francisco Business Times: Venture capitalists say startup community is in crisis
The National Venture Capital Association said Tuesday that the nation's startup community is in a capital markets crisis as no venture-backed ...
Inform

The Future Of Health Care
It's not just automakers, finance firms and state coffers that stand to gain from government loans and stimulus spending. If President-elect Obama is able to pass a stimulus package early next year, r...
Big News Network

UPDATE 1-JC Flowers, others close to IndyMac deal -source
NEW YORK, Dec 28 (Reuters) - A consortium of private equityand hedge fund firms, including J.C. Flowers & Co, is close toa deal to buy the assets of failed mortgage lender IndyMac, asource familiar with the matter said on Sunday.
Reuters

Madan Sabnavis: Tracing patterns in industrial growth
The primary factors driving industrial growth are investment and foreign trade growth, not growth in capital issues, foreign investment or the Sensex, says Madan Sabnavis??The negative growth in
Business Standard

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