BSE to pick 26 percent stake in NMCE

Mumbai: The Bombay Stock Exchange (BSE) has plans to pick up a 26 percent stake in Ahmedabad-based National Multi-Commodity Exchange of India (NMCE...

Tuesday, 26 February 2008, 05:52 Hrs

India Rizing Fund to back $300 Mn fund for defense sector

New Delhi: A team of high-powered team of defence and finance honchos has set up a first of its kind venture fund that will focus on the defense se...

Monday, 25 February 2008, 14:16 Hrs

Reliance Power offers free shares to offset losses

Mumbai: In a bid to reduce losses to shareholders after a dismal listing at India's stock exchanges, Anil Ambani-promoted Reliance Power Ltd Sunday...

Monday, 25 February 2008, 07:40 Hrs

TRAI recommends increased FDI in FM radio broadcasting

New Delhi: The Telecom Regulatory Authority of India (TRAI), in order to take FM radio broadcasting to the next growth level by making it accessibl...

Monday, 25 February 2008, 13:40 Hrs

Kishore Biyani's Future Ventures files for IPO

Bangalore: Kishore Biyani's Future Ventures India (FVIL) has filed has filed its draft red herring prospectus with the Securities and Exchange Board of India (SEBI). The issue will see a sale of 3,736,156,300 equity shares of Rs. 10 each through a 100 percent book built issue, reported VC Circle. Incorporated in 1996, FVIL is promoted by Pan...

VCs invest $928 Mn in India in 2007, 166 percent up

ZeroStock Retail to raise $12.5 Mn from PE funds

Blackstone ups stake in Gokaldas to 68 percent

Eldeco eyes $250 Mn via PE majors

Dubai International Capital to invest $5 Bn in India, China, Japan

Bangalore: Dubai International Capital (DIC), the private equity arm controlled by Dubai Holding, plans to invest about $5 billion in India, China and Japan over the next three years, reported VC Circle. Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum who owns Dubai International Capital has plans to boost its assets under management from ...

Ubicom secures $18 Mn in Series 4 financing

Sunnyvale: Ubicom, a provider of communications processor and software solutions, announced the completion of its Series 4 financing round totaling...

ITL defers its proposed IPO for six months

Chandigarh: International Tractors, the manufacturer of Sonalika brand of tractors, has deferred its proposed initial public offering (IPO) for six...

IDR listing norms may be eased to attract foreign firms

Mumbai: Regulatory authorities are mulling changes in certain features of issuing Indian Depository Receipts (IDR) in order to make it more competi...