March 2007
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Ex-Merrill Banker starts $300 m India buyout fund

Munesh Khanna, formerly head of investment banking at Merrill Lynch & Co’s unit in India, raised $300 million to invest in companies that are distressed or need management help to revive their finances. Khanna, 44, runs his new private equity … […]

Investors in INX Media Pvt. Ltd – Newly launched

The investors in INX Media Pvt. Ltd which will have the entertainment and the music channels include Dunearn Investments, a wholly owned subsidiary of Temasek Holdings, NSR PE, a fund advised by New Silk Route Partners, New Vernon Private Equity, … […]

INM picks up 20 per cent stake in Jagran Radio

Independent News and Media (INM) Investments has picked up a 20 per cent stake in the Jagran Group’s radio venture, Radio Mantra. This is the company’s second partnership with the Jagran Group, the first being with Jagran Prakashan.

It is … […]

EDS acquiring Indian testing company

Electronic Data Systems (EDS) is acquiring RelQ Software Pvt. Ltd., a privately owned software testing company in Bangalore, India, to strengthen its global testing capabilities by offering applications testing, validation and verification, and quality assurance services.

RelQ's more than 700 … […]

Malaysian government's investment arm picks up 9 per cent in IDFC

Khazanah Nasional Berhad, the investment holding arm of Malaysian government, has acquired 8.97 per cent stake in Infrastructure Development Finance Company (IDFC) for Rs848.15 crore.

Khazanah Nasional Berhad on account of Sipadan Investments acquired around 10.09 crore shares of the … […]

Lavazza buys India coffee chains

Coffee company Lavazza Group has acquired Barista Coffee Company and Fresh & Honest Café. Barista is the second-largest Indian coffee shop chain, with 150 outlets, of which 132 are located in India, mainly in New Delhi, Mumbai and Bangalore.

The … […]

Private equity trends : BS Reports

A recent report indicates that the share of private equity (PE) investments in listed companies in India, which accounted for as much as a third of all investments in 2005, fell to 22 per cent in 2006. Some of the companies from which PE funds have exited partially or fully in recent times include Punjab Tractors, Simplex Infrastructures, IVRCL and Gammon India. A similar trend of PE exits from publicly-listed companies in the US has also been seen, though […]