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French electrical major Schneider Electricals SA is in advanced stages of negotiations with the Mumbai-based Shah family to acquire Anchor Electricals, the country’s leading electrical equipment maker. The deal is estimated to be worth over Rs 2,400 crore. […] The government has decided to go with the Reserve Bank of India (RBI) and refuse FII status to foreign direct investment (FDI) received by real estate companies through private placement of equity. […] About 25 venture capital investments from the US will be made in Indian companies in every quarter of 2007, according to a recent VC market study. […] GoAir, the Jeh Wadia-spearheaded private airline, will tap the capital market only after two years while being open to equity dilution in the form of strategic investments during the interim. “We will come out with our initial public offering (IPO) … […] With falling property prices, global private equity real estate funds are expected to open their wallets wide, reports CNBC-TV18.
Property prices have begun cooling again. Demand is slowing down, bank finance has dried up, and real estate IPOs do … […] Aditya Birla Retail, the newest kid on the retail block, is weighing options to float a real estate fund, in line with the trend where retailers are looking at it as a mode of raising funds to cater to the … […] 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 … […] The property investment arm of Citigroup is investing around $400 million of equity from a recently raised fund in India and $600 million in China, with hotels, technology parks, and housing estates on its menu. Citigroup Property Investors closed a … […] |