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Bhawna Gupta

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Clearwater Capital exits Sayaji Hotels with over 70% valuation bump

Consumer

06 February, 2013

Clearwater Capital exits Sayaji Hotels with over 70% valuation bump

Clearwater Capital Partners has sold its entire 27.16 per cent stake in Sayaji Hotels Ltd for around Rs 61.3 crore ......

Tata Consulting Engineers acquires Milestone Capital-backed Ecofirst Services

Infrastructure

06 February, 2013

Tata Consulting Engineers acquires Milestone Capital-backed Ecofirst Services

Tata Consulting Engineers Ltd, the wholly owned subsidiary of Tata Sons, has acquired Mumbai-based engineering consultancy services firm Ecofirst Services ......

Bharti Airtel to buyout Alcatel Lucent's 74% stake in Indian managed services JV

TMT

05 February, 2013

Bharti Airtel to buyout Alcatel Lucent's 74% stake in Indian managed services JV

Four years after outsourcing its fixed line and broad services management business to a joint venture with Alcatel Lucent, Bharti ......

Blackstone acquires majority stake in two Maldives-based seaplane operators

Infrastructure

05 February, 2013

Blackstone acquires majority stake in two Maldives-based seaplane operators

Private equity major Blackstone Group has acquired a controlling stake in Maldives-based seaplane operators Maldivian Air Taxi (MAT) and Trans ......

IFC to buy up to 20% stake in DHFL-promoted NBFC Avanse Financial for $2.3M

General

05 February, 2013

IFC to buy up to 20% stake in DHFL-promoted NBFC Avanse Financial for $2.3M

International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, is planning to buy up to ......

IDG Ventures raising $175M for second India-focused fund

General

04 February, 2013

IDG Ventures raising $175M for second India-focused fund

Venture capital firm IDG Ventures India is raising its second India-focused fund worth $175 million. IDG Ventures India is part ......

3i appoints Samir Palod as India MD; Anil Ahuja and Girish Baliga resign

General

04 February, 2013

3i appoints Samir Palod as India MD; Anil Ahuja and Girish Baliga resign

Private equity major 3i Group plc has appointed its infrastructure investments partner in India, Samir Palod, as a managing director ......

Ador Welding buys 60% of Israel's Plasma Laser Technologies

Manufacturing

04 February, 2013

Ador Welding buys 60% of Israel's Plasma Laser Technologies

Mumbai-headquartered industrial tools manufacturing and engineering company has acquired 60 per cent stake in Israel-based Plasma Laser Technologies Ltd, for ......

Everstone invests $40.7M in Fidelity-backed Transpole Logistics

Infrastructure

04 February, 2013

Everstone invests $40.7M in Fidelity-backed Transpole Logistics

Everstone Capital has invested Rs 220 crore ($40.7 million) in Delhi-based Transpole Logistics Pvt Ltd, a supply chain solutions firm, ......

Sequoia Capital-backed PI Industries raises $21.8M through QIP

Consumer

30 January, 2013

Sequoia Capital-backed PI Industries raises $21.8M through QIP

PI Industries Ltd, an agri-input and custom synthesis company backed by Sequoia Capital, has raised Rs 117 crore ($21.8 million) ......