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Danish Retail Tycoon Anders Povlsen Eyes Big Stake In Bombay Rayon

Consumer

20 May, 2012

Danish Retail Tycoon Anders Povlsen Eyes Big Stake In Bombay Rayon

Anders Povlsen, the man behind Danish clothing retailer Best Seller, along with existing promoters of Bombay Rayon Fashions Ltd (BRFL), ......

What's Cooking: M&A Action In Kitchen Appliances Market

General

14 March, 2012

What's Cooking: M&A Action In Kitchen Appliances Market

Philips has kick-started what could be a consolidation drive in the highly fragmented small kitchen appliance business in the country. ......

Religare Enterprises In The Red In Q4

General

17 May, 2011

Religare Enterprises In The Red In Q4

Religare Enterprises, seeking to become a large global financial services firm with a specially strong foothold in emerging markets, appears ......

PrimeTel To Raise Rs 300Cr; Existing Investors Opting For Partial Exit

TMT

17 May, 2011

PrimeTel To Raise Rs 300Cr; Existing Investors Opting For Partial Exit

Privately held next-generation convergence service provider Prime Telesystems Ltd (PrimeTel) is looking to raise Rs 300 crore through an institutional ......

SAIF Partners Eyeing Exit From Havells India; Sells Half Its Stake

Infrastructure

17 May, 2011

SAIF Partners Eyeing Exit From Havells India; Sells Half Its Stake

SAIF Partners appears to be on the way out of its two-and-a-half-years-old investment in lighting & electrical products maker Havells ......

Yash Birla Group Ups Stake In Kerala Vaidyashala To 99%

Healthcare

16 May, 2011

Yash Birla Group Ups Stake In Kerala Vaidyashala To 99%

Yash Birla Group has acquired 48 per cent in ayurvedic spa chain firm Birla Kerala Vaidyashala (BKV) to raise its ......

3i Infotech Sells US Payments Unit To Cerberus Capital For $137M

TMT

16 May, 2011

3i Infotech Sells US Payments Unit To Cerberus Capital For $137M

Three years after striking back-to-back deals to acquire two firms in the USA within a span of just seven months, ......

New Competition Commission Norms Fail To Discard Ambiguity

General

16 May, 2011

New Competition Commission Norms Fail To Discard Ambiguity

The next two weeks are expected to be a hectic time for corporate lawyers and board of directors for many ......

Delta Corp Buys 51% Stake in Thunderbird's Daman Hospitality

Infrastructure

16 May, 2011

Delta Corp Buys 51% Stake in Thunderbird's Daman Hospitality

ICICI Ventures-backed Delta Corp has acquired 51 per cent stake in Daman Hospitality Pvt Ltd for Rs 50 crore in ......

Floriculture Firm Karuturi To Raise $20M From BCCL, Promoters

General

13 May, 2011

Floriculture Firm Karuturi To Raise $20M From BCCL, Promoters

IL&FS Private Equity-backed floriculture firm Karuturi Global is raising Rs 92.6 crore or $20.7 million from its promoters, besides investments ......