Bullish earnings led heavy buying in IT majors, which took the indices to a new all-time high during the intra-day trade.
The fund had announced its first close at $25 million in April this year.
The PE firm has just struck its third investment and first control deal.
According to RBI executive director B Mahapatra, sectors such as iron and steel, fertilisers and infrastructure are hit by stressed assets.
Its portfolio consists of Pathways World School, Shankara Infrastructure Materials, Max Flex, VVF (India), Butterfly Gandhimathi Appliances and Amber Enterprises.
Abhijeet it was great to have you at Bessemer, great memories. Good luck and Godspeed with Amazon.
I do not think this is a too serious matter, fact of the life is that 1 out of 100 Angel, VC or PE exits before 3...
Applicability of Taxation and procedure for applicable to Venture Capital Industry is not constant, it has seen...
Good job VC Circle. This appears to be the beginning of a historic journey. The fine print may be more encouraging...