Overcoming The Gloom

Women labourers throw dust on a road tarmac under construction at Bharadva village in Gujarat April 23, 2013. REUTERS/Amit Dave/Files

Road building revival offers rare hope for India infrastructure overhaul

K. Ramchand, managing director at one of India's biggest road builders, is doing something unusual to help dispel the gloom pervading much of the country's infrastructure sector today: bidding for new projects.  Full Article 

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Wed Feb 20, 2013 10:19am IST

Feb 20 (Reuters) - The following corporate finance-related stories were reported by media:

* Vodafone has hired its long-time bank Goldman Sachs to advise on a possible multi-billion-euro bid for German cable operator Kabel Deutschland, a person with direct knowledge of the matter told Reuters on Tuesday.

* Sberbank, Russia's top lender, has hired banks to arrange meetings with investors to test market interest towards possible Eurobond issue denominated in Turkish liras, a banking source told Reuters.
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