National Housing Bank to raise $2.6 Bn this fiscal

Kolkata: National Housing Bank (NHB) would raise Rs.110 billion ($2.6 billion) during the current fiscal to fund the housing industry, said a top o...

Wednesday, 09 July 2008, 14:09 Hrs

DQ Entertainment ties up with Paris-based MoonScoop

Mumbai: Hyderabad-based animation entertainment company DQ Entertainment International (DQE) has entered into a strategic five-year alliance with P...

Monday, 30 June 2008, 05:36 Hrs

Parascale secures $11.37 Mn in Series A Funding

California: Parascale, a provider of cloud storage solutions for rich media content in traffic-intensive applications, today announced that it has ...

Monday, 30 June 2008, 05:39 Hrs

India's Minda Group forms JV with Japan's Tokai Rika

New Delhi: Auto component manufacturer NK Minda Group Thursday announced the formation of a joint venture (JV) with Japan's Tokai Rika to manufactu...

Saturday, 28 June 2008, 05:02 Hrs

Post-Corus, Tata Steel's consolidated profits soar

Kolkata/Mumbai: Tata Steel Ltd, which acquired Anglo-Dutch giant Corus Group Plc. last year, has registered a net consolidated profit of Rs.123.22 billion for the year ended March 31 2008, compared to Rs.41.66 billion the previous fiscal. The company's total income for the year went up from Rs.179.84 billion to Rs.200.28 billion over this per...

Silicon Valley venture firm to fund Indian start-ups

Tata acquires more stake in South Africa's Neotel

Inventus Capital begins investing $125 Mn venture fund

Bangalore: Inventus Capital Partners, a U.S.-India venture firm, today announced its readiness to invest in India with a seasoned venture team. Inventus will invest in technology-powered companies that address high-growth global and local markets. The firm will invest $1 to $10 million in 15-20 early-growth companies over the next few years. Fou...

GMR group plans to acquire stake in ONGC refinery

New Delhi: Construction major GMR proposes to invest Rs.310 billion($7.75 billion) to acquire the refinery and petrochemical plant being planned by...

Private equity and venture capital funds can catalyse corporate growth

Chennai: Venture capital companies partnering private equity to establish business alliances and utilising external boards can act as corporate gro...

Genesis Colors gets Rs.1.1 Bn investment, plans IPO

New Delhi: Genesis Colors, the holding company of several designer brands including Satya Paul and lingerie brand Bwitch, will go for a public issu...