January 2007
M T W T F S S
« Sep   Feb »
1234567
891011121314
15161718192021
22232425262728
293031  

Contact us

India Power Fund likely by March

NEW DELHI: India Power Fund, a venture capital fund of Power Finance Corporation, will be operational before the end of … […]

Bidding war for Corus set to escalate

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 […]

Emerging market investment seen cooling

WASHINGTON (AFX) – A group of banks and financial services companies from around the world forecast Thursday that private investment … […]

Goldman Sachs, Citi to infuse USD 52 mn in ICSA

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 invests Rs 675cr in Oberoi Constructions

Morgan Stanley Real Estate announced that it has invested Rs. 675 Crores (approximately US$152 million) in Oberoi Constructions, a leading … […]

Adventity gets $20 million VC funding

Mumbai-headquartered finance focused KPO and BPO service provider Adventity has secured $20 million VC funding from a group of investors … […]

NYSE, Three Others Buy 20% of Indian Stock Exchange

NEW DELHI (AP) – The New York Stock Exchange and three other overseas investors have signed an agreement to collectively … […]

Corporate India goes shopping

India fourth-biggest M and A target in Asia-Pacific IT space

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

India is awash in private equity

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. […]