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Provogue raises 1.46 bln rupees in equity

MUMBAI (Reuters) – Textiles firm Provogue India Ltd. said on Monday it raised 1.46 billion rupees at 450 rupees a … […]

PE infusion of Rs 125 cr into Ramky

HYDERABAD: City-based Ramky Infrastructure Ltd has received equity investment to the tune of Rs 125 crore from IL&FS Investment Managers … […]

Nimbus gets $125m

MUMBAI: There's no stopping private equity funds in India. Last week, the country saw its single largest foreign direct investment … […]

Subex Azure Limited to Acquire Venture-Backed Syndesis

Subex Azure Limited, a provider of revenue maximization solutions for telecom operators, announced yesterday that it has entered into a … […]

Datacraft ready with $40 million for acquisitions

MUMBAI: After the likes of Fujitsu, EDS and IBM, it is now the turn of another multinational and old India hand, Datacraft, to look for acquisitions in the country.

The Singapore-headquartered network services and solutions firm is hunting for suitable opportunities in India in the domains of security, data centre and storage, and Microsoft technologies. It has a budget of around $40 million for the acquisition.

Datacraft was among the early entrants to India through its joint venture […]

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 … […]

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