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...

Tuesday, 19 February 2008, 12:22 Hrs

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...

Tuesday, 19 February 2008, 12:22 Hrs

Prateek Group in talks with Sidbi VCF, others for PE

Hyderabad: In order to raise money for its expansion plans, the Bangalore based retail solutions provider Prateek Group is in talks with Sidbi Vent...

Tuesday, 19 February 2008, 12:22 Hrs

TVS Finance to raise $37.5-$62.5 Mn from strategic investor

Chennai: TVS Finance & Services, finance arm of TVS Group based in Chennai, will rope in a large Indian non-banking finance company as a strategic ...

Tuesday, 19 February 2008, 06:04 Hrs

VLCC plans $54.5 Mn expansion in Middle East, IPO

Dubai: Indian preventive healthcare and beauty-care brand VLCC has announced rolling out of a 200 million-dirham ($54.5 million) expansion across the Middle East and plans of an initial public offer (IPO) by 2009. The company will now open as many as 35 centres across the Middle East by 2010 instead of its originally planned 28, local media r...

Cochin Shipyard seeks govt nod for IPO

L&T Info to delay IPO on U.S. recession

V-Guard keeps Feb 18 IPO schedule

Mumbai: The Kerala based V-Guard Industries is confident to go ahead with its initial public offer (IPO), said company official. The issue opens on February 18, reported Business Line. "Despite the current bearish market conditions, the company has decided to stick to its schedule," said Kochouseph Chittilappilly, Managing Director, V-guard....

SEBI brings art funds under its canvas

Mumbai: Art funds cannot be set up without obtaining a certificate of registration from Securities and Exchange Board of India (SEBI), a new direct...

GlobalScholar.com lands $27 Mn, buys Excelsior

Bangalore: Kal Raman cofounded Bellevue's GlobalScholar.com has raised $27 million in round B funding and is acquiring Excelsior Software, a leadin...

IDG Ventures India invests $3 Mn in Aujas

Bangalore: Launch of an IT company is nothing new to the Silicon Valley of India given the huge chunk of players operating in this part of the eart...