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IL&FS Investment in fund JV with Abu Dhabi firm

MUMBAI (Reuters) – IL&FS Investment Managers Ltd. said on Wednesday it has entered into a joint venture with Abu Dhabi Investment Co. (ADIC) for a private equity fund to invest in infrastructure assets in Middle-East and North Africa.

IL&FS and … […]

Cash-rich PEs feed on distressed assets mart

MUMBAI: India is becoming a hot destination for ‘scavenging’. Cash-rich private equity distress funds are hovering atop the $35-billion distressed asset market in the country sighting enormous wealth-creation opportunities.

According to experts, 2006 has been an eventful year for distress … […]

Indivision invests Rs 50 cr in VLCC

There are big bucks to be made in the beauty business. With this realisation, the private equity fund Indivision has invested Rs 50 crore into the prominent beauty major VLCC for an undisclosed equity stake.

The fund infusion will help … […]

Catholic Syrian to seek RBI nod for stake sale

The Kerala-based Catholic Syrian Bank is in the process of seeking the Reserve Bank of India’s (RBI) permission to sell a 15 per cent stake in the bank to AIF Capital Development, a Mauritius-registered private equity firm.

With a … […] January 30th, 2007 India is in for a liquidity crunch INDIA'S real estate and stock markets are heading for a correction, with a liquidity crunch in the banking sector likely to accelerate the trend, according to one of the country's most influential bankers. Indian stock valuations are inflated and property … […] January 30th, 2007 CCEA to weigh JM’s Rs 900-cr PE fund A Proposal from JM Financial Trustees Company to set up a Rs 900-crore private equity fund has been referred to the Cabinet Committee on Economic Affairs (CCEA). The Mumbai-based trust is meant to mobile funds in the domestic market as … […] January 29th, 2007 Blackstone invests $275 mln in India's Ushodaya MUMBAI, Jan 29 (Reuters) – U.S. private equity firm Blackstone Group [BG.UL] has invested $275 million in Indian media company Ushodaya Enterprises Ltd. for an undisclosed stake. The Blackstone Group will also have representation on the Ushodaya board, a joint … […] January 29th, 2007 PFC in the dark over venture fund allies India Power Fund — a power sector venture capital fund to be promoted by Power Finance Corporation (PFC) — has remained a non-starter even after two years of its announcement. Meanwhile, a number of private equity funds are gearing up … […] January 29th, 2007 2007 may be the year of auctions NEW DELHI: GE puts its plastic business for sale, Philips sells its semi-conductor business to a PE consortium. This global phenomenon of buyouts is all set to find its way to India and some of them will be accompanied by … […] January 27th, 2007 UBS to enter India via StanChart MF buy MUMBAI: Swiss financial services giant UBS is all set to enter the Indian mutual fund industry by acquiring Standard Chartered Mutual Fund for about Rs 580-600 crore. The deal values StanChart MF at close to 4.6-4.7% of its total assets … […] January 26th, 2007 « Newer Entries Older Entries »	Subscribe Enter your Email Post your messages.Please refrain from posting offensive messages. IndiaPE accepts no liability for the consequences of your reliance on these postings and messages. Recent Posts Abu Dhabi to be Jet’s hub after deal with Etihad TPG, Carlyle in talks to buy $100m ABD stake India’s Cement King Kumar Birla Inks $600 Million Deal To Buy Rival Unit New Silk Route to buy 51% stake in Moshe’s cafe Crisil to sell 49 per cent stake in IISL for Rs. 100 crore Reliance Cap to invest Rs 100 cr in wind power venture Omani fund plans to acquire stake in NCDEX Baring Asia to buy 42% stake in Hexaware for Rs.1,600 crore PE industry’s latest challenge: zombie funds Kotak PE eyes 20% stake in Hyderabad-based SemanticSpace Technologies Health care to attract more PE investment: Experts Carlyle in talks to buy 28% stake in Trehan’s hospital PE investments in 630 companies waiting in exit queue, but bleak economy and muted stock markets spoil plans Idea Cellular in talks with PE firms to raise money ICICI Venture to exit Medica Hospitals India Ventures to float Rs 1,000-cr healthcare fund Food majors, PE funds look to snack on Balaji Wafers Abu Dhabi’s ADIA Invests $200m In India Real Estate Blackstone to Buy Indian Auto Parts Maker Agile Electric Private Equity exits up 38% in April-June 2013: Venture Intelligence