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ASK Pravi hits $50M in interim close for maiden PE fund

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The PE firm has just struck its third investment and first control deal.

The PE firm has just struck its third investment and first control deal.

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Sensex, Nifty at record closing high as mkts rise for 7th day

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Bullish earnings led heavy buying in IT majors, which took the indices to a new all-time high during the intra-day trade.

Bullish earnings led heavy buying in IT majors, which took the indices to a new all-time high during the intra-day trade.

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McLeod may diversify to derisk plantation biz

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Tea plantation industry has been experiencing erratic weather conditions over the last decade.

Tea plantation industry has been experiencing erratic weather conditions over the last decade.

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TRAI may review telcos' freedom to fix call rates, moots extension of DTH licences

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The regulator has also proposed bringing down licence fees for DTH firms to 8 per cent of the adjusted gross revenue.

The regulator has also proposed bringing down licence fees for DTH firms to 8 per cent of the adjusted gross revenue.

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Indic language customised smartphone OS maker Firstouch in talks to raise $10M

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The company raised angel funding from Dubai-based angel investor Hari Padmanabhan.

The company raised angel funding from Dubai-based angel investor Hari Padmanabhan.

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Coke posts double-digit volume growth in India after five slow quarters

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Europe overtook Asia Pacific to become the top profit centre for Coca-Cola in Q2.

Europe overtook Asia Pacific to become the top profit centre for Coca-Cola in Q2.

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Japan’s Daido Steel to acquire 10% stake in Sunflag Iron for $9M

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Daido signed a technical assistance partnership with the Indian firm in November 2010.

Daido signed a technical assistance partnership with the Indian firm in November 2010.

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Lightbox’s $90M tech-focused VC fund oversubscribed

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The fund had announced its first close at $25 million in April this year.

The fund had announced its first close at $25 million in April this year.

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Chettinad Cement hikes stake in Anjani Portland to 66%

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The acquisition will help Chettinad enter Andhra Pradesh and Odisha.

The acquisition will help Chettinad enter Andhra Pradesh and Odisha.

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TCS market value crosses Rs 5LCr; shares at 52-wk high

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TCS's current market cap is higher than the combined valuation of Infosys, HCL Technologies, Wipro and Tech Mahindra.

TCS's current market cap is higher than the combined valuation of Infosys, HCL Technologies, Wipro and Tech Mahindra.

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