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India's Essar To Buy Canadian Steelmaker

India’s Essar Steel has agreed to acquire Canadian steelmaker Algoma for 1.85 billion Canadian dollars ($1.63 billion) in cash, giving it exposure to North American markets as it seeks to expand globally.

“This acquisition fits in with our global steel … [...]

Pvt equity to meet development capital requirements: Survey

Private equity is likely to emerge as a source of development capital for mid-corporates in India over the next six months, reveals a recent private equity confidence survey.

The H1 2007 Deloitte India Private Equity confidence survey, carried out by … [...]

Brush strokes of private equity for growth hunger artists : ET

Shopping for funds? But ask yourself this first; Is my company attractive enough or does it need a more focused growth plan in a niche space? Today, most entrepreneurs reckon that over 90 funds are sniffing at any business opportunity that is more often than most deals get done. But is your business one of them? [...]

Sir Peter Burt to head new India equity fund

As part of the growing western interest in Indian economy, Sir Peter Burt, the former chairman of ITV, is to chair a new private equity fund focused on investing in India.

Sir Peter will become chairman of Promethean India, a … [...]