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...
Tuesday, 17 June 2008, 11:38 Hrs
Philips mulls buy back of non-promoters' shares
Kolkata: Philips Electronics India, which got delisted from the stock exchanges, is planning to buy back minority share holdings of 3.5 percent for...
Tuesday, 17 June 2008, 11:38 Hrs
SatNav gets $7 Mn from Sequoia
Hyderabad: Amit Prasad founded Satnav Technologies raised $7 million funding from Sequoia Capital. The new funding will be utilized for scaling up ...
Saturday, 14 June 2008, 05:39 Hrs
Wipro buys out Motorola stake
Bangalore: Wipro Technologies announced that it will buy stake in Motorola for WMNNetServ, a managed network services firm floated in 2006 for mana...
Saturday, 14 June 2008, 05:39 Hrs
Citi to close hedge fund founded by Pandit
New York: Citigroup has decided to close a hedge fund that its chief executive Vikram Pandit co-founded, and which the banking behemoth bought for more than $800 million. Citigroup plans to shut Old Lane Partners and buy what is left of its assets, the Wall Street Journal reported Thursday. The fund has been dogged by mediocre returns and the...
CMS likely to tap PE funding
Bangalore : The privately-held CMS group, which is focusing on IT and IT-related areas, is considering a fund infusion through the strategic or private equity route. The Economic Times citing sources close to the development reports that Blackstone, 3I, Carlyle, TPG, and Standard Chartered's private equity arm are some of the funds that are in d...
Russia's Sollers and Italy's Fiat to establish joint venture
St. Petersburg: Russian automaker Sollers, previously known as Severstal-Avto, and Italy's Fiat Group will set up a joint venture to produce C clas...
Indiabulls extends Singapore IPO by one day
New Delhi: Indiabulls Real Estate, which is planning to raise up to S$389 million in an initial public offering (IPO) in Singapore, has extended cl...
SBI forms JV with French bank to provide custodial services
Mumbai: The country's largest commercial bank State Bank of India (SBI) has inked a joint venture (JV) agreement with French financial services fir...
