BNP Paribas said it acquired 27 pct of Geojit Financial Services in India, and plans to raise its stake to a minimum of 34.35 pct by subscribing to a capital hike.
The value of the deal was not disclosed.
The … […]
BNP Paribas said it acquired 27 pct of Geojit Financial Services in India, and plans to raise its stake to a minimum of 34.35 pct by subscribing to a capital hike. The value of the deal was not disclosed. The … […] Havell's India today said it has acquired SLI Sylvania's lighting business for 300 million dollars (about Rs 1,350 crores), the biggest overseas takeover by an Indian electrical equipment manufacturer. “We have acquired Sylvania's lighting business for 300 million dollars through … […] Thrissur-based Catholic Syrian Bank’s (CSB) capital raising plans appear to have hit a roadblock. The Reserve Bank of India (RBI) is not willing to clear the bank’s proposal to make preferential allotment of about 15 per cent stake in the bank to Asian private equity firm, AIF Capital Development. The Foreign Investment Promotion Board (FIPB) has cleared the proposal but the RBI guidelines restrict any single private equity firm’s holding in a private sector bank to 5 per […] Private equity major 3i is in talks with Mantri Developers Private for investing up to $100 million, sources said. The deal could be one of the big fund actions in the red hot domestic realty space. Sources said Mantri and … […] Sical Logistics has Decided to offer, issue and allot to IDFC PRIVATE EQUITY FUND – II on private placement / preferential basis, 52,50,000 equity shares of Rs 10/- each of the Company for cash at a price including premium, provided … […] |