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City Union to make pref issues to 6 investors

Kumbakonam-based City Union Bank will make preferential issues to six investors subject to approval from its shareholders and the Reserve Bank of India. The proposed investors include domestic players such as LIC, Larsen and Toubro and Yatish Trading, a promoter-group … […]

Carlson to pick up 26% in JV with Unitech

US hospitality major Carlson is picking 26% stake in a fresh venture with the Unitech group for introducing the Regent hospitality brand in India. The joint venture would be developing the luxury hotel property located at Greater Noida with an … […]

Private equities eye big pie in small enterprises

With an immense thirst for growth capital emerging from the rapidly growing small and medium enterprises (SME) sector, private equity (PE) players are now studying opportunities to invest in the same.

Says Kapil Kaul, associate vice-president, Duke Equity Partners, “SMEs … […]