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Private equity (PE) investment in India is taking a new route. People tracking the sector say that large and mid-sized PE funds are increasingly making inquiries with successful family-owned firms in smaller towns as valuations of large enterprises are surging … […] The government’s decision to restrict the number of sectors for which domestic private equity funds can claim pass through status for tax purposes has begun to impact PE deal flow. In April, the first month in which the new norms … […] After writing reams on merger and acquisitions worth trillions of dollars, the media industry is now playing the protagonist in the takeover drama with 53 billion dollars worth of hostile and agreed offers hitting the headlines since the beginning of 2007. While the overall M&A activities so far this year have crossed the two trillion dollar mark, the media and publishing sector's share has soared past 50 billion dollars with two of the world's biggest media properties Reuters and Dow Jones emerging as hot takeover targets. […] It is popularly believed that venture capitalists fund only established players and proven products. There is a lot of cynicism amongst many about all the hype that private equity and venture capital is getting in India of late. However, the … […] The eighties, in the US saw companies being taken over, financed by risky debt issuances known as junk bonds. Ivan Boesky and Mike Milken, were the leading perpetrators of this mish mash of leveraged buyouts and insider information based arbitrage … […] 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 … […] Private equity (PE) is pouring into India, with investments nearly doubling to $2.5 billion during January-March 2007, riding high on six to seven mega deals during the period. In the corresponding period last year, PE investments totalled $1.27 billion. […] Enticed by an expanding economy and fast rising consumerism, global private equity firms and financial services companies are going all out to increase their presence in India. Firms which have recently made moves to affirm their interest in Asia’s third … […] Several small companies are raising private equity (PE) to meet their capital expenditure needs instead of tapping the primary market. In recent months, companies such as Jas Toll Road Company, Time Technoplast and Vigneshwara Exports have taken the private equity route after their initial public offerings (IPOs) were delayed or deferred for various reasons. […] The government on Friday announced that Venture Capitalists poured in $700 million of investments in India during fiscal 2006 as compared to $800 million of UK and $820 million of China from across the globe and hoped that such investors … […] |