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UTI Venture, US fund to invest Rs 44 cr in Zylog

Private equity firms UTI Venture Fund and US-based Argonaut Private Equity are set to invest a total of Rs 43.8 crore (around $10 million) in the Chennai-based Zylog Systems (ZSL). The investment will be done through preferential allotment of shares. … [...]

Nimbus To Invest $34 Million In DVD Rental Business

You have already heard that sports broadcasting company Nimbus Communications is entering DVD rental business. Now hear how much the company wants to invest in the business. The company, which plans to deliver DVDs in 30 minutes flat a la … [...]

Bharti, Axa to launch realty fund

Bharti Enterprises and French insurance major AXA are set to launch a realty fund. At the moment the two are in talks to finalise the details of the JV.

Both companies are also on the verge of launching an asset … [...]