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...

Thursday, 21 February 2008, 12:31 Hrs

Aloke Bajpai founded iXigo.com gets funding

Bangalore: Aloke Bajpai founded travel search engine iXiGO.com has received an undisclosed amount of first-round financing from BAF Spectrum, a Sin...

Saturday, 23 February 2008, 11:11 Hrs

Q Therapeutics closes $15 Mn in series B funding

Salt Lake City: Dr.Mahendra Rao cofounded Q Therapeutics, a biotechnology company pursuing cell-based therapies for the central nervous system (CNS...

Thursday, 21 February 2008, 12:39 Hrs

Agami Systems raises $45 Mn in series C financing

Sunnyvale: Agami Systems, a provider of enterprise network storage systems with integrated live file system replication announced that it has curr...

Wednesday, 20 February 2008, 12:30 Hrs

Rural Electrification's public share offer fully subscribed

Mumbai: The state-owned power sector lender Rural Electrification's (REC) initial public offer (IPO) was subscribed 1.62 times over within an hour of the start of its book building process on Tuesday. REC is offering shares in a price band of Rs.90 to Rs.105. The 156.1 million shares on offer will account for 18.2 percent of the lender's post...

MCX to raise $125 Mn via public offer

SBICAP and Softbank Investment form JV for $100 Mn fund

Steep valuations keep MFs out of IPO zone

Coal Ventures completes due diligence of 2 Mozambique blocks

Kolkata: Coal Ventures International (CVI) has completed due diligence of two Mozambique blocks on offer. The joint venture, a SPV floated by Coal India, SAIL, Vizag Steel, NTPC and NMDC for acquisition of coal blocks overseas, is also planning to appoint a global investment banker shortly for acquisition of metallurgical and thermal coal assets...

Vantrix secures $12 Mn in series B funding

Bangalore: Canada based Vantrix, a provider of mobile multimedia adaptation and delivery solutions, announced that it has secured $12 million in Se...

FM may clear $5 Bn fund for Indian companies M&A play

New Delhi: In an attempt to embark on a merger and acquisition drive, the government is considering a sovereign investment fund with an initial cor...

Tano Capital may invest up to $25 Mn in Alufit

Bangalore: Bangalore based Alufit, a facade engineering player in the burgeoning real estate development market, may receive an investment of $20 m...