Merrill pumps in $75 Mn into logistics JV

Mumbai: Wealth management firm Merrill Lynch has invested close to Rs 300 crore ($75 million) to set up a joint venture company with the DRS Group,...

Friday, 21 March 2008, 23:45 IST

CIAL to float $625 Mn IPO

New Delhi: Cochin International Airport (CIAL) plans to raise Rs 2,500 crore $625 million via an initial public offer slated anytime between April ...

Friday, 21 March 2008, 02:09 IST

Visa public offer raises record $17.9 Bn

New York: Despite the general gloom in global equities markets, credit cards major Visa Thursday concluded the largest ever public offering in the ...

Friday, 21 March 2008, 01:43 IST

Baring Pvt Equity picks up 12 percent stake in Sharekhan

New Delhi: Baring Private Equity has picked up 12 percent stake in Mumbai-based brokerage firm Sharekhan in a deal worth Rs 240 crore (60 million)....

Friday, 21 March 2008, 02:04 IST

NFOs now join troubled IPO club

Mumbai: Like IPOs, new fund offerings (NFO) also have witnessed a severe meltdown in their net asset values (NAV). Most NFOs launched in 2007 have either fallen below or are on the verge of falling below their offering price of Rs 10. An ETIG analysis reveals that 71 percent of the 28 equity NFOs launched last year are today available in the pri...

Air India IPO only after performance review

Cairn India raises $625 Mn via pref issue

Osian's sells 9.4 percent stake to PE firm

Luminus Devices closes $72 Mn Venture Capital Investment

Billerica: Luminus Devices, a developer and manufacturer of PhlatLight (Photonic Lattice) LED products for a wide variety of display and illumination applications, today announced the closing of a new round of financing of over $72 million. The investor syndicate was led by Boston-based Braemar Energy Ventures and included a number of other fund...

Adlabs to raise funds through foreign currency bonds

Mumbai: ADAG-promoted Adlabs Films Ltd has decided to raise $666,339 (Rs.27.13 million) through issuance of Zero Coupon Foreign Currency Convertibl...

Tata BP to raise $78 Mn for solar energy investments

Mumbai: Tata BP Solar, a joint venture between Tata Power and BP Solar, has signed an agreement with Calyon Bank (Credit Agricole CIB) and BNP Pari...

Five9 announces $12 Mn Financing

California: Five9, an on-demand call center solutions company, today announced the completion of $12 million in equity funding from leading investo...