India Rizing Fund to back $300 Mn fund for defense sector
New Delhi: A team of high-powered team of defence and finance honchos has set up a first of its kind venture fund that will focus on the defense se...
Monday, 30 November -1, 05:30 IST
Reliance Power offers free shares to offset losses
Mumbai: In a bid to reduce losses to shareholders after a dismal listing at India's stock exchanges, Anil Ambani-promoted Reliance Power Ltd Sunday...
Monday, 30 November -1, 05:30 IST
TRAI recommends increased FDI in FM radio broadcasting
New Delhi: The Telecom Regulatory Authority of India (TRAI), in order to take FM radio broadcasting to the next growth level by making it accessibl...
Monday, 30 November -1, 05:30 IST
Kishore Biyani's Future Ventures files for IPO
Bangalore: Kishore Biyani's Future Ventures India (FVIL) has filed has filed its draft red herring prospectus with the Securities and Exchange Boar...
Monday, 30 November -1, 05:30 IST
VCs invest $928 Mn in India in 2007, 166 percent up
Bangalore: Venture capitalists invested about $928 million in 80 deals for entrepreneurial companies in India during 2007, according to the Quarterly India Venture Capital Report published today by Dow Jones VentureSource. This was a whopping 166 percent increase over the $349 million invested in 36 deals in 2006 and easily the highest total on ...
Ubicom secures $18 Mn in Series 4 financing
Sunnyvale: Ubicom, a provider of communications processor and software solutions, announced the completion of its Series 4 financing round totaling $18 million. Led by Lehman Brothers Venture Partners and Samsung Ventures America, this financing also includes the company's existing investors. Brian Melton, a partner in Lehman Brothers Venture Pa...
ITL defers its proposed IPO for six months
Chandigarh: International Tractors, the manufacturer of Sonalika brand of tractors, has deferred its proposed initial public offering (IPO) for six...
IDR listing norms may be eased to attract foreign firms
Mumbai: Regulatory authorities are mulling changes in certain features of issuing Indian Depository Receipts (IDR) in order to make it more competi...
Aloke Bajpai founded iXigo.com gets funding
Bangalore: Aloke Bajpai founded travel search engine iXiGO.com has received an undisclosed amount of first-round financing from BAF Spectrum, a Sin...
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