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Pritish Nandy Comm may offer stake to PE firms

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 … […]

India private equity investment doubles in Q1

Private equity investments in India doubled in the January-March quarter as global firms like Goldman Sachs and 3i poured money into fast growing Indian companies.

Private equity firms invested $2.5 billion in the first quarter of 2007, up from $1.27 … […]

India's Essar To Buy Canadian Steelmaker

India’s Essar Steel has agreed to acquire Canadian steelmaker Algoma for 1.85 billion Canadian dollars ($1.63 billion) in cash, giving it exposure to North American markets as it seeks to expand globally.

“This acquisition fits in with our global steel … […]

Pvt equity to meet development capital requirements: Survey

Private equity is likely to emerge as a source of development capital for mid-corporates in India over the next six months, reveals a recent private equity confidence survey.

The H1 2007 Deloitte India Private Equity confidence survey, carried out by … […]

Brush strokes of private equity for growth hunger artists : ET

Shopping for funds? But ask yourself this first; Is my company attractive enough or does it need a more focused growth plan in a niche space? Today, most entrepreneurs reckon that over 90 funds are sniffing at any business opportunity that is more often than most deals get done. But is your business one of them? […]

Sir Peter Burt to head new India equity fund

As part of the growing western interest in Indian economy, Sir Peter Burt, the former chairman of ITV, is to chair a new private equity fund focused on investing in India.

Sir Peter will become chairman of Promethean India, a … […]

Indian realty market to be at $60 bn by 2010

The market for real estate in India will grow five-fold to $60 billion by 2010 and $90 billion by 2015, the Dubai-based organisers of a major realty fair in the capital said Saturday. The Indian real estate market has emerged as one of the most attractive options to invest in international markets,' said Satish Khanna of Al Fajer Information and Services, the organisers of Asian Real Estate Show 2007. […]

India Media Fund to raise $150m

The India Media Fund, set up about three months ago to accelerate investments in the Indian media and entertainment sector, is planning to list on the Alternative Investment Market (AIM) to raise close to $150 million. […]

BCCL buys 21% stake in LLIS

Bennett Coleman & Co Ltd (BCCL) has acquired a stake close to 17% in Bangalore-based Leisure & Lifestyle Information Services (LLIS), constituting both equity and convertibles. […]

SEBI to facilitate quick registration of venture capital funds

The Securities and Exchange Board of India (SEBI) will respond to applications for registration of venture capital funds (VCFs) or foreign venture capital investors (FVCI) within 21 days, the market regulator said in directions issued to investors.

SEBI said applications … […]