Triangle to pick 27 percent stake in Prozone subsidiary
Mumbai: Triangle Real Estate India Fund, co-promoted by ICS Group and Old Mutual Investment Group Property Investments (OMIGPI), has signed a deal ...
Wednesday, 02 April 2008, 05:01 Hrs
BHEL to spend $1.25 Bn on JVs
New Delhi: Power equipment manufacturer Bharat Heavy Electricals (BHEL) will spend nearly Rs 5,000 crore ($1.25 billion) over the next three years ...
Wednesday, 02 April 2008, 05:01 Hrs
VC biggies to tide over liquidity crunch: NVP
Bangalore: It is unlikely that the liquidity crisis in global markets will affect top-tier venture capital firms in raising funds, says an industry...
Tuesday, 01 April 2008, 06:16 Hrs
Kotak arm raises $440 Mn for PE buys
Mumbai: Kotak Investment Advisors (KIAL) has raised $440 million in a fund to invest in private equity opportunities. With this, the total corpus u...
Tuesday, 01 April 2008, 06:16 Hrs
Solera Networks closes $5 Mn Financing
Utah: Solera Networks, the leader in deep packet capture and stream-to-storage technology, today announced the closing of a $5 million Series B funding by Canopy Ventures, which also led the company's Series A round in 2006. Solera Networks expects to use the funds to accelerate product development and sales and marketing efforts, in addition to...
Ashok Leyland raises $200 Mn from overseas
Chennai: Ashok Leyland, India's second largest commercial vehicle maker, has raised $200 million from international markets for investments both in the domestic market and overseas, a top company official has said. "The deal got successfully completed at a time when the global financial markets are in turmoil," said K. Sridharan, the company'...
Daimler joint venture with Hero Group approved
New Delhi: India Thursday gave its approval to German auto major Daimler to invest Rs.16.50 billion ($415 million) in a joint venture with the Hero...
BSG Alliance raises more than $50 Mn
Bangalore: BSG Alliance, an on-demand platform for business innovation that enables the next generation enterprise, announced that it has raised mo...
Goldman Sachs buys out a Mumbai NBFC
New Delhi: Goldman Sachs beefs up its presence by picking up another non-banking finance company in India. After picking up a 20 percent in Shriram...
