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Xchanging Buys 75% In Cambridge For $147.3 Million

TMT

05 October, 2008

Xchanging Buys 75% In Cambridge For $147.3 Million

UK-based back office services provider Xchanging has agreed to acquire 75% of the fully diluted share capital of Cambridge Solutions (formerly Scandent ......

The CA Who Inherited MP Birla Wealth Dies Of Heart Attack

General

04 October, 2008

The CA Who Inherited MP Birla Wealth Dies Of Heart Attack

The man who inherited Priyamvada Birla's assets (valued at Rs 5,000 crore) is no more. Chartered accountant and industry leader Rajendra ......

Temasek Buys Up More Merrill Shares; Owns 13.7% Now

General

01 October, 2008

Temasek Buys Up More Merrill Shares; Owns 13.7% Now

As the markets have been tanking globally, Singapore sovereign wealth fund Temasek Holdings Pte. Ltd. has reportedly been bargainhunting. Temasek has increased ......

Reliance ADAG Acquires Stake In Forex Company Wall Street Finance

General

12 September, 2008

Reliance ADAG Acquires Stake In Forex Company Wall Street Finance

Anil Dhirubhai Ambani Group is entering foreign exchange currency business. The group's forex arm Reliance Money Express has acquired a ......

ICICI Venture's Bala Deshpande Quits; To Join NEA

General

09 September, 2008

ICICI Venture's Bala Deshpande Quits; To Join NEA

Update: Bala Deshpande, who has just left ICICI Ventures, is set to join US -based venture capital fund New Enterprise Associates ......

"With Venture And Growth, We Are A One-Stop-Shop For Entrepreneurs"

General

28 August, 2008

"With Venture And Growth, We Are A One-Stop-Shop For Entrepreneurs"

Sequoia Capital India announced closing of its second Growth Equity fund at $725 million on Wednesday. This takes Sequoia Capital ......

"Promoters Can't Expect Us To Pay A 20% Premium To Market Prices"

General

25 August, 2008

"Promoters Can't Expect Us To Pay A 20% Premium To Market Prices"

Kubera Partners is a unique investment firm in the sense that it is the only pure play private equity fund in ......

Relan Ropes In Hedge Fund Partner; Lands Anchor Investment

General

21 August, 2008

Relan Ropes In Hedge Fund Partner; Lands Anchor Investment

Exclusive: Ajay Relan, the former Managing Director of Citigroup Venture Capital International (CVCI) in India, is believed to have roped ......

ICICI Venture Opens Investment Office In Delhi; Posts 2 Sr Directors
Credit Crunch: Goldman Raises $10 Billion Fund To Finance Its Own LBOs

General

20 August, 2008

Credit Crunch: Goldman Raises $10 Billion Fund To Finance Its Own LBOs

As the credit crisis had dried up the loans to finance leveraged buyouts (LBO), Goldman Sachs has decided to fill ......