The strong revival in QIPs could explain the lacklustre market for PE transactions.
Intel Capital will see its stake shrink from 16.3% to 12.2%, post IPO. The company operates 123greetings.com.
The Blackstone-controlled plastic container maker holds a minority stake in Indian firm PPI Blow Pack.
The divestment programme, or stake sales in Central PSUs largely targeting reduction in the fiscal deficit burden.
Indiabulls co-founder and chairman Sameer Gehlaut holds 25% stake in the company.
It is backed by LN Mittal's LNM India Internet Ventures and private equity firm Farallon.
Sterlite Energy also plans a pre-IPO placement of Rs 200 crore with investors.
Blackstone Group and New Vernon hold 11% and 6% stake respectively in Allcargo Global.
The newly-independent firm would be renamed Orchard Capital.
In February 2008, it raised around Rs 273 crore from Citi Venture Capital International and India Equity Partners.
Den has fixed a price band of Rs 195-205 per share for Rs 410 crore issue which values it at Rs 2,704 crore.
The bank has said it expects loans to grow by a fifth in the year to March 2010.
The board also approved hiving off its two arms, application polymers division and consumer products division.
This probably indicates that the online consumer services biz is also coming out of the economic slowdown.
The PMA India Fund is being managed by Anoop Villait, who heads the PMA India Strategy.
Den sold 3.95 million shares at 190 rupees ($4.12) each to foreign fund EMSAF in late July.
The government will disinvest 5% stake in NTPC while it will offload 10% in Satluj Jal Vidyut Nigam Ltd.
The world's third-largest spirits maker by volume will raise money via QIP.
SBI is interested in expanding in Indonesia either by opening branches or through acquisitions.
The brassware, sugarcane(rum-runners), leather, basmati and regional textile dons and tycoons are no joker either...
Krishnamurthy Vythiyanathan · Works at BANK
Well, credit information of the Indian clients will be...
I agree Mr. Sunny Jain. Wealth Management is a fine art if practised properly and under the correct ethics code. I...
That is a huge amount of money. Should have given it to wealth managers instead! They are better at managing it....