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Mainstreet's annual general meeting was held this week. In just seven years, Mainstreet Equity Corp., which is listed on the Toronto Stock Exchange, has reached a market cap of $350-million and $600- million in assets. Dhillon started with $17-million in … […] Wachovia Corporation, one of the largest diversified financial institutions in the US, has picked up about 15 per cent stake in realty firm Vipul Ltd for Rs 234 crore and plans to invest up to one billion dollar (about Rs … […] 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 … […] International Finance Corp (IFC), the private sector arm of the World Bank group, is investing $20 million in Kanoria Chemicals and Industries for the expansion of its caustic soda unit in Uttar Pradesh. 'The expansion of the Renukoot plant's capacity … […] Close on the heels of the US-based privately held India Capital Fund hiking its stake, to a tad lower than 10%, in South India Bank (SIB), two more global financial majors, Swiss financial power house UBS Securities and Citigroup Global … […] Despite the policy brouhaha, private equity players are still gung-ho about the transport and logistics industry. The last two months have witnessed almost seven PE deals worth more than $100 million in this space. […] Prudential could be forced by investors to pay more than anticipated to increase its stake in its Indian joint venture, following the rapid expansion of the operation and a hefty valuation of its Indian business partner. The Indian government has … […] US private equity Lighthouse Capital is picking up a strategic minority stake in Bangalore-based Unibic India, makers of premium cookies. Indian biscuit industry veteran Nikhil Sen headed Unibic has serial entrepreneurs DD Saxena and Michael Quinn as its co-promoters. It … […] Along with foreign companies venturing into the Indian market, Indian companies are too becoming more forceful globally and extending their footprints outside the country. And thus, private equity firms are showing keen interest in the hospitality sector. Sourav Goswami cited, … […] Venture capital firm Canaan Partners said Wednesday it made a joint investment of $3.1 million with SVB Financial Group to fund iYogi, a computer support startup. Menlo Park-based Canaan Partners said Gurgaon-based iYogi provides live computer support on the … […] |