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India’s largest private airline Jet Airways is in negotiations with private equity players Blackstone, TPG Capital and Temasek for raising Rs 400-450 crore. The company is raising money for meeting the operational expenses of running the loss-making Air Sahara, which … […] Khaleej Finance and Investment (KFI) and its regional partners have announced the success of its Indian Private Equity Fund. They said the fund has attracted interest from many institutional and individual investors, both regionally and internationally. The firm revealed ICICI … […] France's LVMH Moet Hennessy Louis Vuitton is in talks to buy 20 percent in Indian leather goods maker Hidesign, the Economic Times said on Tuesday. LVMH will position the Indian brand as an affordable product in overseas markets like Japan, … […] Tata Power Company Ltd on Monday announced that the acquisition of the Coastal Gujarat Power Ltd, a Special Purpose Vehicle (SPV) formed for Mundra Ultra Mega Power Project (UMPP). A formal execution of the documents took place between Power Finance … […] Increasing enthusiasms for globalization coupled with government initiatives for further liberalisation of its regulatory environment towards private investments, have inspired 40 US Venture Capitalists (VCs) and Private Equity holders (PEs) to raise capital to the extent of US$ 400mn to place it heavily in start ups companies in India, according to joint study undertaken by Associated Chambers of Commerce and Industry of India (ASSOCHAM) and Ernst & Young. […] The bulls are on a rampage and the tiger is roaring, Sharekhan the retail broking arm of SSKI with 120 branches across 150 cities wants to expand its business and wants a strategic financial investor. NDTV has learnt that the … […] Siemens AG said it has acquired a 77 pct stake in India's iMetrex Technologies Ltd for an undisclosed amount in order to expand its building technologies operations. Siemens also said it has an option to acquire the remaining 23 pct stake in the company within the next five years. In the fiscal year to end-March, 2007, iMetrex had sales of 28 mln eur.Source : Forex TV Matsushita Electric Works Ltd. (TSE:6991) said Monday that it has acquired an 80 per cent interest in Anchor Electricals Private Ltd, India's No. 1 manufacturer of wiring devices. The move comes as the Japanese firm aims to lift overseas sales by entering the booming Indian market for home and office electrical equipment. Matsushita Electric Works bought the shares from the Shah founding family for roughly 50 billion yen (US$421.3 million). Anchor makes and sells wiring devices such as […] A fear has set in among property investors who are offloading their apartments at a discounted rate from what builders are quoting. With property prices in correction mode, do private equity players think that it is the right time to strike deals in India? […] The Reserve Bank of India has approved the amalgamation of Sangli Bank Limited with ICICI Bank Limited . The effective date of the amalgamation is April 19, 2007. The amalgamation has already been approved by the Boards of Directors and … […] |