Market Chatter-Corporate finance press digest
Dec 24 (Reuters) - The following corporate finance-related stories were reported by media on Monday:
* United States computer firm Hewlett-Packard Co is expected to axe up to 200 members of the staff at its British subsidiary Autonomy, which it last month accused of "serious accounting improprieties", the Mail reported on Sunday. 
* Time Warner Cable Inc has made a bid to buy Cablevision Systems Corp's Optimum West business, Bloomberg reported, citing sources familiar with matter.
* T-Mobile Austria plans to appeal against the allocation of radio frequencies that will result from Hutchison Whampoa's takeover of Orange Austria, in a move that could derail the deal, a source familiar with the matter said.
* China's sovereign wealth fund is among a trio of Asian investors vying to buy an 800 million pound ($1.29 billion)London office campus from Blackstone Group LP, the US private equity firm, in what would be the UK's highest value property deal since the start of the financial crisis, the Financial Times reported. 
* Lanco Infratech Ltd has begun talks with JSW Energy Ltd and Adani Power Ltd to sell a power plant in Karnataka as banks pile pressure on debt-laden power companies to sell assets and improve cash flow, the Economic Times reported. 
* China has started to run checks on the more than 800 companies that have applied for domestic share sales, the latest move aimed at shortening the IPO waiting list and ease pressure on the stock market, the official China Securities Journal said.
- Tweet this
- Share this
- Digg this
- Pistorius starts five-year term for killing Reeva Steenkamp
- Indiana police charge suspect who may have killed for decades
- UPDATE 11-Total CEO de Margerie killed in Moscow as jet hits snow plough
- India warns Pakistan of more pain in Kashmir fighting
- Govt orders Financial Tech to absorb NSEL, liabilities
As well as making the lives of millions of middle class Indians easier, the sharp drop in Brent crude prices since June is a boon for Prime Minister Narendra Modi in his fight to revive an economy growing at its slowest rate since the 1980s. Full Article