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ICICI Ventures may sell majority stake in Infomedia

CNBC-TV18 has learned that ICICI Ventures is likely to sell majority stake in Infomedia. ICICI Ventures currently holds 63% stake in Infomedia. Sources say that ICICI Ventures is in talks with the USD 8.5 billion Reed Elsevier Group for the stake sale. ICICI Ventures may sell the entire stake or part of it depending on valuations. The entire stake is valued at Rs 235 crore at the current market price. […]

Reliance Capital buys 5 pct in Network 18

Reliance Capital said on Monday it had bought a 5 percent stake in Network 18 Fincap Ltd., making its second investment in a broadcasting firm in the last one month.

Shares of Reliance Capital rose as much as 3 percent … […]

Survey: Institutional Investors See Continued Growth of Private Equity in Emerging Markets

Convinced that high returns are sustainable, LPs plan to ramp up investments 78% of LPs surveyed expect to increase commitments to emerging markets private equity over the next five years. LPs project emerging markets private equity will produce returns at a 5.4% premium over U.S. buyouts and expect outperformance relative to developed market funds over the next 5 years. […]