Italy seeks to raise cash from frequencies amid debt crisis
Italy, fighting to reduce borrowing costs amid Europe’s debt crisis, may raise more than 2 billion euros ($2.6 billion) from the sale of television frequencies.
Indian billionaire Kotak’s bank has margins Goldman can envy
Billionaire Uday Kotak, not content with 35 percent margins and a No. 1 ranking underwriting Indian IPOs, is aiming to increase profit next year at both his investment bank and commercial-lending businesses.