Rho Fund Investors to debut in India
Bangalore: In India, it is now the turn of Fund of Funds (FoF) to actively look for deals here. Fund of Funds are those, which invest in venture ca...
Wednesday, 05 March 2008, 06:15 Hrs
INCAT and HAL in JV for services in aero-structures
Mumbai: INCAT, a leader in engineering services outsourcing (ESO) and product development, and Hindustan Aeronautics (HAL), Asia?s aero-structures ...
Monday, 03 March 2008, 13:55 Hrs
ICICI Securities plans pre-IPO sale
Mumbai: ICICI Securities, the broking arm of ICICI Bank, plans to sell about three percent of its equity to institutional investors through private...
Monday, 03 March 2008, 13:56 Hrs
Reliance Retail in JV for optical stores
Mumbay: In order to open stand-alone optical stores throughout India, Reliance Retail has formed a 50:50 joint venture (JV) with Europe's HAL Holdi...
Monday, 03 March 2008, 13:57 Hrs
Union Budget gives VC firms the jitters over tax norms
New Delhi: The already vexed venture capital (VC) sector is heading to receive another jolt as the government plans to bring overseas M&As involving Indian companies under the tax net with retrospective effect from June 1976. The industry, especially domestic VCs, have been in a limbo since Budget 2007 when pass-through status was granted only t...
SEBI to simplify MFs` new fund offer documents
Mumbai: The market regulator Securities and Exchange Board of India (SEBI) is planning to simplify the offer document (OD) of mutual funds' (MF) new fund offerings (NFOs). The move will help MFs take investment decisions easier, reported Business Standard. The move coincides with SEBI Wednesday's circular mandating mutual funds to spend at l...
Think twice before cuddling up to IPOs
Mumbai: Think twice before rushing to put money into the next 'hot initial public offering' (IPO). A statistic says that ten out of 16 IPOs that ma...
DE Shaw invests $250 Mn in HDIL unit
Mumbai: Mauritius based hedge fund DE Shaw has made an equity investment of $250 million (Rs 1,000 crore) in Mack Star Marketing, a unit of Mumbai ...
Bharat Forge to raise $75 Mn
Mumbai: The board of directors of Bharat Forge, the flagship company of the Kalyani group, Wednesday approved a preferential issue of convertible w...
