Premji buys 10 percent stake in Subhiksha
Bangalore: Azim Premji, the Chairman of Wipro, has picked up 10 percent equity stake in retail chain Subhiksha Trading for Rs.230 crore ($57.5Mn). ...
Friday, 05 September 2008, 11:26 Hrs
Pressmart secures $6 Mn fund from U.S. venture capital firms
Hyderabad: Pressmart India , a leading print-to-digital delivery services major, has announced that it has secured $6 million funding from two U.S....
Friday, 05 September 2008, 03:29 Hrs
Puravankara eyes Rs. 6.6 Bn PE funding
Bangalore: Puravankara, a Bangalore based realty developer is planning to raise nearly $300 million (Rs 1,320 crore) to fund its new projects and b...
Friday, 05 September 2008, 09:01 Hrs
Global slowdown concerns investors in Asia
Tokyo: Asian stocks slumped Monday on concerns that a global economic slowdown would cut into corporate profits and on declines on Wall Street ahea...
Tuesday, 02 September 2008, 09:00 Hrs
Abu Dhabi firm in JV with oil facilities service major Petrofac
Dubai:The United Arab Emirates (UAE)-based Mubadala Petroleum Services Company (MPSC) and global oil and gas facilities service provider Petrofac announced Monday their plans to establish a new joint venture company. To be called Petrofac Emirates, the new company will provide a full range of engineering, design, procurement and construction ...
3i Group to invest $250 Mn in port firm
Hyderabad: Global private equity firm 3i Group may invest $ 250 Mn (Rs 800 -1,000 crore) for a 15-26 percent stake in Krishnapatnam Port, the developer and operator of an all-weather, deep-water port in Andhra Pradesh. It is considered the biggest investment by a foreign private equity firm in India's port sector. The UK-based firm has filed ...
Jupiter capital to launch private equity funds
Bangalore: Joining the likes of Wipro and Infosys, Jupiter capital has decided to launch private equity funds, globally known as the family office ...
MiCardia completes Rs. 360 Mn private financing
Irvine, CA: MiCardia, which develops implantable devices for the treatment of heart disease, has announced the completion of a $9 million (Rs. 360 ...
Proteostasis Therapeutics secures $45 Mn in series A funding
Cambridge: Proteostasis Therapeutics (PTI) has announced that it has secured $45 million in series A financing to develop Proteostasis Regulator dr...
