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Financial services seem to be gaining more favour with the investor community and it is now the turn of Prabhudas Lilladher to dilute stake. Arun and Dhiren Seth, promoters of the 63-year-old brokerage firm Prabhudas Lilladher are busy trying to … […] Passport India Investments (Mauritius) has picked up 6,00,000 equity shares in Koutons Retail India for an investment amount of Rs 210 million. Passport has been allotted the equity shares at a fixed price of Rs 350 per equity share. With … […] Deccan Aviation Ltd., which runs budget carrier Air Deccan, is soon expected to raise US$75-$100 million from private equity investors, according to media reports in India. The Anil Dhirubhai Ambani group and Texas Pacific Group are among potential investors, the … […] Founders of Essel Group said they have raised 4.45 billion rupees ($105 million) to help fund expansions of group companies Dish TV India Ltd and Wire and Wireless Ltd. American International Group's (AIG) private equity arm AIG Global Investments is set to buy a minority stake in India's Avasarala Technologies for 20 mln usd, reported the Economic Times, citing Avasarala. Avasarala Technologies, a company worth 2 bln rupees, manufactures … […] Pritish Nandy Communications (PNC) may offer a small stake in the company to private equity (PE) funds, people close to the transaction said. Navis Capital Partners is among the firms that has approached Mr Nandy, they added. KPMG is handling … […] BTS has picked up a 17-20 pct stake in Indian auto component manufacturer Reliable Autotech Private Ltd for 200 mln rupees, marking its first investment in India, reported the Economic Times. The report cited BTS Investment Advisors partner K Srinivas … […] India’s IL&FS Realty Fund said on Tuesday it would invest $100 million in a start-up property developer QVC Realty Ltd that would build hotels, homes and townships. IL&FS Realty, the real estate fund of private equity firm IL&FS Investment Managers … […] According to unconfirmed media reports, Carlyle Group, a US-based private equity investment firm, and Ramesh Vangal, a co-founder of Cambridge Solutions and an 18 percent shareholder in the company, have jointly made a bid to acquire a 42 percent stake … […] US private equity firm Jacob Ballas Capital (JBC) may soon acquire a minority stake in Avestha Gengraine Technologies (Avesthagen), the biotech firm for $10 million. JCB is an India focused private equity firm floated by New York Life Investment Management … […] |