The SC ordered the withdrawal of 122 zonal telecoms licences awarded to eight carriers in a scandal-tainted 2008 sale.
The IPO could raise $1 billion to help its parent company pare a heavy debt burden.
PE investors have invested $88m till date in Micromax, bulk of which was through share purchase from promoters.
The venture capital firm was an early investor in mobile advertising players like Amobee and Quattro Wireless.
In September 2000, News Corp arm invested Rs 342.72 cr and has now sold its entire stake for Rs 358 crore.
PE firm Providence buys 9.9% in cable television firm Hathway for Rs 205 crore; Macquarie picks 7.4% for Rs 153 crore.
The company, part of the tea-to-technology Tata Group conglomerate, would be vying with Britain's Vodafone Group Plc.
This is Komlis third acquisition in less than a year.
Indian venture partner Unitech said Telenor's move was 'shocking' and illegal.
Early-stage technology VC firm Ojas Venture Partners invests up to $1.5 million in the first round of funding.
The IPO is expected to be launched in the second half of the year.
The SC ruled last month Vodafone was not liable to pay tax to India over its $11b deal to buy Hutchison's mobile biz.
Last year, Vserv received series A funding of $3 million from technology venture capital firm IDG Ventures India.
SingTel's underlying net profit was S$895 million, 7.6 per cent below the S$968 million posted a year ago.
Singh is the founder & chairman of Max India & its subsidiaries, and also sits on the boards of several Indian cos.
GigaOM has also acquired rights for mocoNews, contentSutra and paidContent:UK.
Second deal in the past 3 months by the Singapore-based angel group who acquires a minority stake in the start-up.
The e-com firm raised $14m in its second round of funding from Tiger Global, IDG Ventures & Indo-US Venture Partners.
BMIC acquired the stake in STel via two transactions in 2009 and is exiting at par.
Telecom regulator has noted absence of effective competition despite multiple operators in each service area.
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