Feb 20 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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With the crucial GDP data scheduled to be announced along with key corporate results, volatility is expected to prevail in the upcoming week. Disappointment on these fronts may push the Nifty down to the 7,200-7,500 range. Once we witness stability and consolidation, investors should increase their exposure, says Ambareesh Baliga. Full article