M&M, ICICI Venture consortium to acquire Italian firm

Mumbai: Auto major Mahindra & Mahindra in collaboration with ICICI Venture Funds Management Ltd has decided to acquire 100 percent stake in leading...

Friday, 04 April 2008, 23:30 IST

Reliance Petroleum to raise $500 Mn for Jamnagar refinery

Mumbai: Reliance Petroleum (RPL), a part of Mukesh Ambani-led Reliance Industries will raise $500 million (about Rs1,998 crore) for its new export-...

Friday, 04 April 2008, 02:29 IST

PEs' fund raising plan takes a knock

Mumbai: The diminishing appetite of investors is hurting the fund raising plans of the PE players. Corporates are also in a tight spot as the marke...

Friday, 04 April 2008, 02:29 IST

SEBI may ensure IPOs get underwriting shield

New Delhi: As part of its initiatives to discipline the primary market, the market regulator Securities and Exchange Board of India (SEBI) is consi...

Friday, 04 April 2008, 02:29 IST

Triangle to pick 27 percent stake in Prozone subsidiary

Mumbai: Triangle Real Estate India Fund, co-promoted by ICS Group and Old Mutual Investment Group Property Investments (OMIGPI), has signed a deal to invest Rs 457 crore ($114 million) for a 27 percent stake in a step-down subsidiary of Prozone Enterprises. This subsidiary owns stake in four of its projects being developed in Aurangabad, Indore,...

BHEL to spend $1.25 Bn on JVs

VC biggies to tide over liquidity crunch: NVP

Kotak arm raises $440 Mn for PE buys

Solera Networks closes $5 Mn Financing

ITI banks on JVs for turnaround

New Delhi: In bid to reestablish itself in the country's telecoms manufacturing space, the State-owned Indian Telephone Industries (ITI) is forging alliances, reported The Economic Times. ITI has signed deals with several companies including the one with China's Huawei to manufacture IP Tax equipment at its Palakkad plant, with U.S. based Alp...

Bubble Motion closes $14 Mn in second round funding

California:Bubble Motion, a provider of 'voice SMS', today announced $14 million in additional funding from existing investors Sequoia Capital U.S....

Gear6 secures $10 Mn financing round

Mountain View: Gear6, accelerating I/O for real time application performance, today announced it has secured a $10 million dollar financing round l...

New Arab fund launched to finance India Entertainment City

Dubai: The United Arab Emirates' (UAE) leading investment institution Abu Dhabi Investment House (ADIH) announced Thursday the launch of a $400-mil...