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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 … […] Angel Broking, the Mumbai-based retail brokerage, is planning to sell 25 per cent stake to private equity players to raise Rs 250 crore to fund its expansion. […] Adlabs Films, the Indian production, laboratories and hardtops group, has acquired fledgling multiplex operator Rave Cinemas. Takeover gives Adlabs, which is part of the Anil Dhirubhai Ambani-controlled Reliance industrial conglom, presence in the wealthy Uttar Pradesh region, which counts for … […] Private equity fund Texas Pacific Group (TPG) and global financial services major Citigroup have put in their bids to acquire nearly 40 per cent stake held by the promoters in Sharekhan. The bids peg the valuation of the retail brokerage … […] 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 … […] The Rs 100-cr fund will invest in small-, mid-sized firms. The Small Industries Development Bank of India (Sidbi), the state-run lender to the small-scale sector, is planning to launch a Rs100-crore private equity fund, which will invest in small- and medium-sized companies. A Sidbi official said they would be essentially looking at companies going in for public offers. […] Kishore Biyani's Future Group is understood to be in advanced talks with private equity investors to invest in Future Media, the division that caters to developing its retail space and malls as a media vehicle and aims to tap the … […] The Tata group, which joined hands with private equity firm the Xander group Inc through its group company Trent earlier this month, has firmed up plans to raise $1 billion for an institutional retail real estate fund. Xander group, through … […] 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. […] |