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View Article  IFC invests $20 mn in Kanoria Chemicals

International Finance Corp (IFC), the private sector arm of the World Bank group, is investing $20 million in Kanoria Chemicals and Industries for the expansion of its caustic soda unit in Uttar Pradesh.

'The expansion of the Renukoot plant's capacity ...   more »

View Article  UBS, Citi pick stake in SIB
Close on the heels of the US-based privately held India Capital Fund hiking its stake, to a tad lower than 10%, in South India Bank (SIB), two more global financial majors, Swiss financial power house UBS Securities and Citigroup Global ...   more »
View Article  Lighthouse picks up 20% stake in Unibic

US private equity Lighthouse Capital is picking up a strategic minority stake in Bangalore-based Unibic India, makers of premium cookies. Indian biscuit industry veteran Nikhil Sen headed Unibic has serial entrepreneurs DD Saxena and Michael Quinn as its co-promoters.

It ...   more »

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