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Pallavi S

IFC To Acquire Stake In Jain Irrigation-Backed Rural Financing Firm

General

29 April, 2011

IFC To Acquire Stake In Jain Irrigation-Backed Rural Financing Firm

International Finance Corporation (IFC) plans to invest $5 million as part of initial capitalisation for a minority stake in a ......

IL&FS PE Rejigs Stake In Cable Network Operator Den Networks

General

29 April, 2011

IL&FS PE Rejigs Stake In Cable Network Operator Den Networks

IL&FS Private Equity has churned its investment in the country’s largest cable television company Den Networks Ltd by part-selling its ......

Future Ventures Gets Lukewarm Response; IPO Subscribed 1.5x

Others

28 April, 2011

Future Ventures Gets Lukewarm Response; IPO Subscribed 1.5x

The initial public offer (IPO) of investment and business management firm Future Ventures, modelled after Berkshire Hathway, sailed through in ......

Operation Orchid: When Hostile Takeover Fails To Happen

Healthcare

28 April, 2011

Operation Orchid: When Hostile Takeover Fails To Happen

Any Indian investment banker worth his salt will tell you hostile takeovers never happen in the country. And yet, the ......

Biocon To Divest AxiCorp For $58M

Healthcare

28 April, 2011

Biocon To Divest AxiCorp For $58M

Bangalore-based Biocon Ltd is looking to divest its majority stake in its German drug distribution subsidiary AxiCorp to the minority ......

Dana Holding Bags Commercial Vehicle Axle Biz From Its Indian JV

Others

26 April, 2011

Dana Holding Bags Commercial Vehicle Axle Biz From Its Indian JV

NYSE-listed auto component maker Dana Holding Corporation has acquired commercial vehicle axle business of its Indian joint venture Axles India ......

Aqua Logistics On Acquisition Drive; Takes Over Nikkos Logistics

Others

26 April, 2011

Aqua Logistics On Acquisition Drive; Takes Over Nikkos Logistics

Subhkam Ventures and Enam Securities-backed Aqua Logistics Ltd is acquiring Nikkos Logistics Pvt Ltd for an undisclosed amount, in its ......

Bilpower To Buy 4.54% Stake in Broking Firm Destimoney

Others

26 April, 2011

Bilpower To Buy 4.54% Stake in Broking Firm Destimoney

Power engineering solutions firm Bilpower Ltd has invested Rs 4.08 crore to buy securities convertible into 4.54 per cent stake ......

ABG Shipyard Picks Up 40% Stake In Nigerian JV With PE Consortium

General

25 April, 2011

ABG Shipyard Picks Up 40% Stake In Nigerian JV With PE Consortium

India’s largest shipbuilding firm ABG Shipyard Ltd is forming a joint venture to set up a large shipbuilding yard in ......

Another Director of 2G Scam-Hit DB Realty Quits

Others

25 April, 2011

Another Director of 2G Scam-Hit DB Realty Quits

Another independent director on the board of IL&FS Private Equity and Trinity Capital-backed real estate firm DB Realty has quit. ......