Argentum gets Rs 200 crore for 10%  - Ashish Deora owns a equity  

D E Shaw, Rand Corporation and IL&F) have collectively bought 10 per cent for Rs 200 crore in Argentum Motors, the company floated by B V R Subbu, former president of Hyundai Motors India, Ajay Singh, promoter of budget airline Spicejet, and Ashish Deora, who runs a broadband company, reports BS. Argentum took over Daewoo's India plant and is planning to set up one of the country s largest auto ancillary units and function as a third-party manufacturer for auto companies.... 

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