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News Roundup: Blackstone Real Estate Partners to exit Synergy Property for $42M

Others

27 November, 2013

News Roundup: Blackstone Real Estate Partners to exit Synergy Property for $42M

ONGC may buy into BHP blocks: State-owned ONGC is likely to buy stakes in 9 exploration blocks that BHP Billiton decided ......

Premium
Warburg Pincus part exits Amtek Auto with huge haircut

Manufacturing

26 November, 2013

Warburg Pincus part exits Amtek Auto with huge haircut

Private equity major Warburg Pincus has pressed the part exit button on its over seven-year-old investment in one of the ......

Former Wipro co-CEO Girish Paranjpe joins Advent International as operating partner

General

26 November, 2013

Former Wipro co-CEO Girish Paranjpe joins Advent International as operating partner

Advent International, the Boston-headquartered private equity major, has added another high profile operating partner by roping in former Wipro co-CEO ......

Premium
IDFC Alternatives part exits construction firm Ashoka Buildcon with modest returns

Infrastructure

26 November, 2013

IDFC Alternatives part exits construction firm Ashoka Buildcon with modest returns

IDFC Alternatives has sold nearly half of its stake in engineering, procurement and construction (EPC) firm Ashoka Buildcon Ltd for ......

Wal-Mart elevates international unit head as new global CEO

Consumer

26 November, 2013

Wal-Mart elevates international unit head as new global CEO

Wal-Mart Stores Inc, the world’s largest retailer, has chosen Doug McMillon, who is currently CEO of its international division, to ......

Last three days for Techcircle Digital Gaming Forum 2013; special session on VC funding for Indian gaming companies; register now

Others

26 November, 2013

Last three days for Techcircle Digital Gaming Forum 2013; special session on VC funding for Indian gaming companies; register now

The second edition of Techcircle Digital Gaming Forum 2013 is just three days away. It will be held on November ......

Naspers paid $100M to buy 80% in redBus; Flipkart valued at $1.6B in latest funding

TMT

26 November, 2013

Naspers paid $100M to buy 80% in redBus; Flipkart valued at $1.6B in latest funding

Its official, Naspers paid $100 million in cash to buy an effective 80 per cent stake in Pilani Soft Labs ......

VCCircle launches mobile applications for iPhone and iPad

Others

26 November, 2013

VCCircle launches mobile applications for iPhone and iPad

Dear Reader, We are excited to announce the launch of VCCircle mobile applications for iPhone and iPad. These apps ......

Diageo considers selling almost all of Whyte & Mackay as part of United Spirits deal

Consumer

26 November, 2013

Diageo considers selling almost all of Whyte & Mackay as part of United Spirits deal

World’s largest spirits maker by revenues Diageo is considering selling majority of liquor business under Whyte & Mackay, now owned ......

News Roundup: Bharti Airtel plans to raise $1B via Euro bonds

Others

26 November, 2013

News Roundup: Bharti Airtel plans to raise $1B via Euro bonds

Bharti Airtel is looking to raise up to $1 billion (Rs 6,225 crore) by selling bonds mainly to European investors ......