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Investors, PE funds set to pump in Rs 32,000 cr

Indian realty has emerged as the apple-eye of domestic and overseas investors as listed and private equity funds are looking to pump in more than Rs 32,000 crore in the real estate sector, a new report stated.

“The transparency in … […]

Zicom to raise USD 35 mn

Zicom Electronic Security Systems, electronic security equipment firm, has planned to raise up to USD 35 million through various means. It has also planned to take a stake in an overseas venture and invest up to USD 5 million in it, … […]

India well positioned for surge in real estate : InvestmentNews

Real estate investment trusts don’t exist in India, but investing in real estate there shows great potential, according to executives at Deloitte Touche Tohmatsu.

“‘REIT’ in India stands for ‘real estate investment tourists’ … we’ve had so many,” said … […]

Pathak family considers sale of Indian food company

The family that owns curry sauce brand Patak's is considering the sale of all or part of the business.

The family-owned company has recruited investment bank NM Rothschild to assist it in a review of the business, with a possible … […]

M&M to acquire 20% more stake in Punjab Tractors

Mahindra & Mahindra on Monday made a Rs 4.9 billion open offer for a further 20% in Punjab Tractors and its subsidiaries, as required by law after it won the bidding for a 43.3 % stake last week, reports Financial … […]

IDFC arm picks up Rs 450 million worth stake in DARCL

IDFC Private Equity has invested Rs 450 million in equity shares of logistics company- Delhi Assam Roadways Corporation (DARCL), reports Economic Times. DARCL raised this amount for part funding its expansion plans, which include starting container train operations by September.

“We have … […]

Thomas Weisel plans $200m PE fund for India

US-based Investment bank Thomas Weisel International is planning a $200 million private equity fund of funds for India. The company is also keen on rolling out its asset management business in India, focusing only on institutional investors. The fund of … […]

India Inc strikes $36.8b M&As in just 2 mths

The rockfest on the Indian deal-street is gaining decibels. Corporate India struck deals worth $39 billion in the first two months of 2007 of which $36.8 billion were strategic mergers & acquisitions deals and the remaining $2.2 billion were private … […]

PE fund Evolvence India to raise $65 mn in AIM

Joining the beeline of India-focused funds listing on overseas bourses, Isle of Man-based Evolvence India Holdings is planning to raise 65 million dollar (Rs 290 crore) through placement of shares on London Stock Exchange.

EIH, a private equity fund company … […]

Mahindra buys 43.3 pct in Punjab Tractors

Mahindra & Mahindra Ltd., India's top tractor maker, said it will buy 43.3 percent of Punjab Tractors Ltd. in a deal that values the target firm at nearly 22 billion rupees ($500 million).

Mahindra, along with subsidiary Mahindra Holdings and … […]