19 Jun, 2013
The Leela Palace, Bengaluru
Announcement:
Top Headlines
StanChart PE, PremjiInvest buy into Fortis Healthcare; IFC increases stake 
Madhav A Chanchani
The company offered nearly 35 million new shares or 7.46% stake through an institutional placement programme.
RentWorks hires investment banker for sale of Indian arm, L&T Finance seen among suitors
Bruhadeeswaran R & Madhav A Chanchani
RentWorks India has been on the block for over six months and has held discussions with some of the leading NBFCs that have been looking to grow their business through acquisition.
Network18 sells majority stake in Webchutney to Dentsu; Capital18 nets over 3x returns
Sonam Gulati
The digital agency has been in the news for the past few months as Japan’s media agency Dentsu was viewed as a probable suitor.
JSW Group CFO Seshagiri Rao on acquisitions, financial muscle to bankroll them and more
Pooja Sarkar
With around $1.35 billion in annual EBITDA between JSW Steel and JSW Ispat Steel, the group says it is comfortable to go for inorganic expansion.
US-based Gavis Pharma makes open offer to acquire 26% more in Bangalore’s Wintac
TEAM VCC
A few months ago, Gavis picked up 39.9% stake in the firm through a preferential allotment.
Naresh Goyal buys 29% stake in Jet Airways from overseas entity for $257M
TEAM VCC
Stake transfer seen as part of efforts to bring down foreign holding to meet FDI norms after Etihad buys fresh shares of the company.
Ranbaxy: Will Daiichi sue Singh brothers?
Malvinder and Shivinder Singh could land in trouble as Japan’s Daiichi Sankyo is said to be considering legal action against the former promoters of Ranbaxy Labs for hiding critical information related to USFDA probes.
Other Headlines
In Conversation
Alok Mittal of Canaan Partners on e-commerce consolidation, new tech investment opportunities and exits
Consolidation is bound to happen in this crowded market as only 2-3 big horizontal players will be able to create value, says Canaan MD.
By Sonam Gulati
Praveen Kadle of Tata Capital on PE arm's fundraising, overseas funds and investment opportunities in India
The firm's PE arm managed to raise $1 billion during difficult market conditions and opened up India to a new class of investors.
By Bruhadeeswaran R
Views
JOBS
- Associate - Red Fort Capital Advisors Pvt Ltd
- The Private Equity Associate - Nereus Capital
RECENT COMMENTS
- 23 May 2013Murali ApparajuonInteresting surmises! What makes the takeaways less validated however is the lack of disclosure or at least a...
- 23 May 2013VaradhaonPhoenix LP's are managing your money and my money - so they ought to maintain an arm's length and review...
- 21 May 2013PhoenixonWell said Varadha. This comment of your is unclear, " LPs ought to maintain an arm's distance from GPs and...
- 21 May 2013AnooponThe biggest problem in Indian PE fund GPs is Ethics. They want Day-One-Carry rather than long term carry. There should...
UPCOMING EVENTSchinetwork