Venture capital investments in the country registered a near 4 per cent increase in the first quarter of 2007 calendar as investors pumped in $130 million (about Rs 560 crore) through 20 deals. More than half this amount was pumped in information technology and related sectors, an industry study release said on Tuesday. [...]
Waning returns on equities and the need for portfolio diversification is prompting asset management companies (AMCs) to devise overseas investment products. Consequent to the Reserve Bank of India’s (RBI) raising the aggregate ceiling for mutual funds (MFs) to invest in … [...]
Pritish Nandy Communications (PNC) may offer a small stake in the company to private equity (PE) funds, people close to the transaction said.
Navis Capital Partners is among the firms that has approached Mr Nandy, they added. KPMG is handling … [...]