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The big boys of India Inc are foraying into the media business . After RIL chief Ambani invested in Network 18 group , the billionaire chairman of the Aditya Birla Group, Kumar Mangalam Birla, is buying a 27.5% stake in Living Media Group, the publisher of India Today weekly magazine. In a statement, which did not give details on the size of the deal, the AV Birla Group, which has interests ranging from metals to telecoms, said Living Media […] Private equity and venture capital investors expect tempered growth of 10-25 percent in the PE industry during this calender year largely due to challenges in exiting investments and regulatory uncertainty. According to the latest findings of Bain & Company’s India Private Equity Report, in 2011, the total deal value surged about 55 percent to USD 14.8 billion over the previous year, whereas this year over 65 percent private equity (PE) and venture capital (VC) investors surveyed expect moderate growth of […] |