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Nalanda Capital buys around 8% stake in auto ancillary firm NRB Bearings

TEAM VCC

Another major shareholder in NRB Bearings is the hedge fund Acacia Capital, which owns nearly 7% stake.

Eureka Forbes to acquire majority stake in Switzerland-based Lux International

Bhawna Gupta

The acquisition will help Eureka Forbes extend its footprint to over 40 countries with 25,000 employees.

Scotts Garments withdraws IPO, second casualty of 2013

TEAM VCC

This is the fourth year in a row when an IPO floated in the April-May period could not sail through.

Jindal Poly Films to buy global BOPP business of ExxonMobil for $235M

TEAM VCC

The deal will boost Jindal Poly Film’s capacity by a third to almost 0.5 million tonnes, making it one of the key players in the business globally.


Nalanda Capital buys around 8% stake in auto ancillary firm NRB Bearings

Singapore-based private equity firm Nalanda Capital has acquired 7.96 per cent stake in auto ancillary firm NRB Bearings for Rs 27.02 crore.

UPCOMING EVENTS
19 Jun, 2013
The Leela Palace, Bengaluru
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ITC Sheraton Hotel, New Delhi
18 Jul, 2013
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