Independent News and Media (INM) Investments has picked up a 20 per cent stake in the Jagran Group’s radio venture, Radio Mantra. This is the company’s second partnership with the Jagran Group, the first being with Jagran Prakashan.
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Independent News and Media (INM) Investments has picked up a 20 per cent stake in the Jagran Group’s radio venture, Radio Mantra. This is the company’s second partnership with the Jagran Group, the first being with Jagran Prakashan. It is … […] Electronic Data Systems (EDS) is acquiring RelQ Software Pvt. Ltd., a privately owned software testing company in Bangalore, India, to strengthen its global testing capabilities by offering applications testing, validation and verification, and quality assurance services. RelQ's more than 700 … […] Khazanah Nasional Berhad, the investment holding arm of Malaysian government, has acquired 8.97 per cent stake in Infrastructure Development Finance Company (IDFC) for Rs848.15 crore. Khazanah Nasional Berhad on account of Sipadan Investments acquired around 10.09 crore shares of the … […] Coffee company Lavazza Group has acquired Barista Coffee Company and Fresh & Honest Café. Barista is the second-largest Indian coffee shop chain, with 150 outlets, of which 132 are located in India, mainly in New Delhi, Mumbai and Bangalore. The … […] A recent report indicates that the share of private equity (PE) investments in listed companies in India, which accounted for as much as a third of all investments in 2005, fell to 22 per cent in 2006. Some of the companies from which PE funds have exited partially or fully in recent times include Punjab Tractors, Simplex Infrastructures, IVRCL and Gammon India. A similar trend of PE exits from publicly-listed companies in the US has also been seen, though […] BNP Paribas said it acquired 27 pct of Geojit Financial Services in India, and plans to raise its stake to a minimum of 34.35 pct by subscribing to a capital hike. The value of the deal was not disclosed. The … […] Havell's India today said it has acquired SLI Sylvania's lighting business for 300 million dollars (about Rs 1,350 crores), the biggest overseas takeover by an Indian electrical equipment manufacturer. “We have acquired Sylvania's lighting business for 300 million dollars through … […] Thrissur-based Catholic Syrian Bank’s (CSB) capital raising plans appear to have hit a roadblock. The Reserve Bank of India (RBI) is not willing to clear the bank’s proposal to make preferential allotment of about 15 per cent stake in the bank to Asian private equity firm, AIF Capital Development. The Foreign Investment Promotion Board (FIPB) has cleared the proposal but the RBI guidelines restrict any single private equity firm’s holding in a private sector bank to 5 per […] Private equity major 3i is in talks with Mantri Developers Private for investing up to $100 million, sources said. The deal could be one of the big fund actions in the red hot domestic realty space. Sources said Mantri and … […] Sical Logistics has Decided to offer, issue and allot to IDFC PRIVATE EQUITY FUND – II on private placement / preferential basis, 52,50,000 equity shares of Rs 10/- each of the Company for cash at a price including premium, provided … […] |