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BCCL picks 5% stake in YOU Telecom

Bennett & Coleman Company Ltd (BCCL), the holding company of the Times of India, has acquired a 5% stake in YOU Telecom India Private Ltd (YOU Telecom), India's first ISO 9001:2000 accredited broadband company.

YOU Telecom is an investee company … […]

ChrysCapital eyes new growth sectors for investment

Chrys Capital, an India-based private equity firm, may be looking at new sectors to invest in.

The company recently showed interest in funding low-cost airline Air Deccan when the latter was seeking private equity funding of about $100 million for … […]

While India needs the money, foreign lenders still need some more assurance for investing in India

Recently, US based banking giant Citi Group and private equity player Blackstone, joined hands with India’s public sector infrastructure finance companies IDFC and IFCL to set up a fund with a corpus of $ 5 billion to finance infrastructure projects. … […]

Cafe Coffee Day to invest Rs 30 cr; open 110 more outlets

India's largest retail coffee chain Cafe Coffee Day has earmarked Rs 30 crore investment for setting up 100 outlets across the country and 10 abroad, a company official said on Wednesday.

Inaugurating the company's 400th outlet here, director of Cafe … […]

Citigroup Property Investors Close $1.3B Asia Pacific Fund

Citigroup Property Investors has announced the final closing of its $1.29 billion CPI Capital Partners Asia Pacific L.P. fund. The fund has invested in real estate and real estate-related assets throughout the Asia Pacific region, with a primary focus on … […]

French AMC plans local fund

French global asset management company (AMC) Shanti Gestion, is looking to launch a fund for investing in Indian companies with high growth potential. A registered foreign institutional investor (FII), with assets worth $450 million under its management, the fund is … […]

Citigroup raises first Asia real estate fund

Seattle, Feb 21: Citigroup's property unit said it raised 1.29 billion dollar for its first fund to invest in real estate and related assets in the Asia-Pacific region, with focus on China and India.

Citigroup, the largest US bank, and … […]

Tatas join realty rush with 4,500-cr fund

MUMBAI: Better late than never. Even as most of the big industrial houses have set up their realty funds to invest in India's hottest business – real estate, India's oldest and largest industrial house, the Tata group has now suddenly … […]

US PE fund buys 40% in HFCL for Rs 375 cr

MUMBAI: In yet another acquisition in the red hot telecom sector, US-based private equity firm New Enterprise Associates (NEA) has bought 40% in HFCL Infotel for Rs 375 crore. The deal has been signed and the transaction is likely to … […]

VC firm NEA lines up $200m for India

MUMBAI: New Enterprise Associates (NEA), the US-based venture capital firm, which manages over $8.5 billion spread across 13 different funds is expected to announce a new investment in an IT firm in the services vertical next week.

The US-firm would … […]