In the first quarter of 2007, venture capitalists invested $7.1 billion into 778 deals, the highest quarterly dollar amount since the fourth quarter of 2001, according to the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association based on … […]
Vedanta Resources PLC said it acquired a 51% stake in India's biggest private-sector iron-ore producer and exporter, Sesa Goa Ltd., as it seeks to diversify and tap into the strong demand for iron ore in China.
Vedanta, a metals and mining company listed and based in London but which has the bulk of its assets in India, acquired the stake from Japan's Mitsui & Co. It paid $981 million.
India’s largest private airline Jet Airways is in negotiations with private equity players Blackstone, TPG Capital and Temasek for raising Rs 400-450 crore. The company is raising money for meeting the operational expenses of running the loss-making Air Sahara, which … […]
Khaleej Finance and Investment (KFI) and its regional partners have announced the success of its Indian Private Equity Fund.
They said the fund has attracted interest from many institutional and individual investors, both regionally and internationally.
The firm revealed ICICI … […]