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Dutch pension fund APG invests $50M to raise stake in Lemon Tree Hotels

Consumer

16 April, 2014

Dutch pension fund APG invests $50M to raise stake in Lemon Tree Hotels

Dutch pension fund APG has raised its stake in the country’s third-biggest hotel chain operator by number of properties Lemon ......

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ChrysCap puts $30M to hike stake in ING Vysya Bank

General

16 April, 2014

ChrysCap puts $30M to hike stake in ING Vysya Bank

Private equity firm ChrysCapital, which had invested in private lender ING Vysya Bank and exited in 2009 only to relook ......

Neenah Gessner picks minority stake in Pune-based Aim Filtertech

Manufacturing

16 April, 2014

Neenah Gessner picks minority stake in Pune-based Aim Filtertech

German non-woven textile and specialised paper manufacturing company Neenah Gessner GmBH has acquired a significant minority stake in Pune-based Aim ......

News Roundup: Hitachi likely to pick up Thapar's stake in Crompton Greaves

Others

16 April, 2014

News Roundup: Hitachi likely to pick up Thapar's stake in Crompton Greaves

Hitachi, the Japanese maker of industrial power equipment and electronic goods, has emerged as the front-runner to buy the promoter's ......

Arvind Mayaram named new finance secretary

General

15 April, 2014

Arvind Mayaram named new finance secretary

Economic affairs secretary Arvind Mayaram has been named finance secretary. He is replacing Sumit Bose who retired last month, according ......

Calling out to innovative payment companies to showcase @ Techcircle Payment Forum 2014; apply now

Others

15 April, 2014

Calling out to innovative payment companies to showcase @ Techcircle Payment Forum 2014; apply now

Techcircle Showcase - Powered by Nasscom 10,000 Startups is all set to exhibit the best payment industry innovations and......

Wholesale inflation rises to 5.7% in March

General

15 April, 2014

Wholesale inflation rises to 5.7% in March

The wholesale price index (WPI), which captures producers’ inflation in the country and till recently was the main factor dictating ......

Diageo makes fresh open offer to buy majority stake in United Spirits for up to $1.9B

Consumer

15 April, 2014

Diageo makes fresh open offer to buy majority stake in United Spirits for up to $1.9B

Diageo Plc, the world’s-largest spirits maker by revenue, has made its second open offer to try and buy majority stake ......

News Roundup: KKR, Blackstone eye stake in Idea

Others

15 April, 2014

News Roundup: KKR, Blackstone eye stake in Idea

Two top private equity players, Kolhberg Kravis Robers and Blackstone are known to have put in bids for the third ......

Mahindra Group forms agri JV with Belgium's UNIVEG

Consumer

14 April, 2014

Mahindra Group forms agri JV with Belgium's UNIVEG

Mahindra ShubhLabh Services Ltd (MSSL), part of the $16.7 billion Mahindra Group, has signed a joint venture agreement with UNIVEG, ......