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Anuradha Verma

Ambit Alpha hedge fund assets cross $150 mn mark

General

16 June, 2016

Ambit Alpha hedge fund assets cross $150 mn mark

Ambit Investment Advisors' flagship hedge fund Ambit Alpha Fund has crossed the milestone of Rs 1,000 crore (around $150 million) ......

IFC to anchor Glenmark's $200 mn fundraising plan

Healthcare

16 June, 2016

IFC to anchor Glenmark's $200 mn fundraising plan

International Finance Corp (IFC) is looking to invest up to $75 million (about Rs 500 crore) in Glenmark Pharmaceuticals Ltd ......

IDFC Alternatives to buy solar assets from ACME; SBI gets govt approval to merge associate banks

General

16 June, 2016

IDFC Alternatives to buy solar assets from ACME; SBI gets govt approval to merge associate banks

IDFC Alternatives, the private equity (PE) arm of infrastructure-focused lender IDFC Ltd, has agreed to acquire about 275 megawatt of ......

UPL acquires 26% stake in Weather Risk Management

TMT

15 June, 2016

UPL acquires 26% stake in Weather Risk Management

Agrochemical major UPL Ltd has acquired a 26% equity stake in Weather Risk Management Services (WRMS) for Rs 10 crore ......

Dairy firm Kwality to raise $9 mn

Consumer

15 June, 2016

Dairy firm Kwality to raise $9 mn

Dairy company Kwality Ltd (formerly known as Kwality Dairy India Ltd) has received approval from its board of directors to ......

Xerox names Ashok Vemuri CEO of BPO business

TMT

15 June, 2016

Xerox names Ashok Vemuri CEO of BPO business

Xerox Corp has appointed Ashok Vemuri, a former chief executive officer at IGATE Corp, as the CEO of its business ......

Ola to raise fresh funds; Tata Power to buy 25% of Resurgent Power

General

15 June, 2016

Ola to raise fresh funds; Tata Power to buy 25% of Resurgent Power

ANI Technologies Pvt Ltd, which runs taxi aggregator Ola, is in talks with investors to raise a new round of ......

Havells to hike stake in lighting products maker Promptec to 70%

Manufacturing

14 June, 2016

Havells to hike stake in lighting products maker Promptec to 70%

Electrical products maker Havells India Ltd has decided to raise its stake in Bangalore-based Promptec Renewable Energy Solutions Pvt Ltd ......

Satin Creditcare raises $3.7 mn from Karvy Capital

General

14 June, 2016

Satin Creditcare raises $3.7 mn from Karvy Capital

New-Delhi-based microfinance institution Satin Creditcare Network Ltd has secured Rs 25 crore ($3.7 million) through an issuance of non-convertible, redeemable, ......

Philips India scouts for acquisitions in healthcare, health-tech

Healthcare

14 June, 2016

Philips India scouts for acquisitions in healthcare, health-tech

Dutch technology company Royal Philips NV is exploring acquisition opportunities in the health-tech and personal healthcare sectors in India.The company ......