NEW DELHI: India Power Fund, a venture capital fund of Power Finance Corporation, will be operational before the end of … […]
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NEW DELHI: India Power Fund, a venture capital fund of Power Finance Corporation, will be operational before the end of … […] Brazilian steel company CSN is prepared to counter a revised bid for Corus from Indian group Tata, according to City sources. Corus shares rose steeply on Friday in expectation of an increased offer from Tata to top CSN's 515p offer, which values Corus at £4.9bn. At one point, shares in Corus, formed in 1999 from the merger of British Steel with Dutch maker Hoogovens, rose above 550p – a seven-year high – before closing at 549p. There has been […] WASHINGTON (AFX) – A group of banks and financial services companies from around the world forecast Thursday that private investment … […] Goldman Sachs and Citigroup Venture International Growth Partnership Mauritius (CVC) are likely to pump in USD 52 million (about Rs 2,340 million) in the Hyderabad-based ICSA (India), an embedded software products company that provides solutions for power and gas supply networks, reports Business Line. The ICSA chairman and managing director, G. Bala Reddy, said that the move follows a decision by its board to offer private placement of equity and also raise funds through foreign currency convertible bonds (FCCBs). […] Morgan Stanley Real Estate announced that it has invested Rs. 675 Crores (approximately US$152 million) in Oberoi Constructions, a leading … […] Mumbai-headquartered finance focused KPO and BPO service provider Adventity has secured $20 million VC funding from a group of investors … […] NEW DELHI (AP) – The New York Stock Exchange and three other overseas investors have signed an agreement to collectively … […] Total merger and acquisition activities in Asia-Pacific technology sector totalled 35.1 billion dollars in 2006. Indian companies were target in deals worth 10 per cent of the total value, data compiled by global financial information provider Dealogic shows The PE boom isn't just for American corporations -India's economy is on a roll and foreign private-equity investments have exploded over the past two years, says Fortune's Yassir Pitalwalla. […] |