Infrastructure
Red Fort Capital invests $57M in township project of Lotus Greens Developers
Real estate dedicated private equity firm Red Fort Capital has invested Rs 365 crore ($57 million) in a Gurgaon-based project ......
Others
BJP formally nominates Narendra Modi as its PM candidate
After months of internal bickering, Bhartiya Janta Party (BJP), the main opposition political party in the country, has formally nominated ......
Manufacturing
Bayer CropScience to sell its Gujarat unit to Deccan Fine Chemicals for $20M
Agro-chemical firm Bayer CropScience Ltd has signed an agreement with Deccan Fine Chemicals (India) Pvt Ltd to sell its Gujarat-based ......
General
GDP growth forecast for FY14 cut from 6.4% to 5.3%
Indian economy is forecast to grow 5.3 per cent in the current fiscal year ending March 31, 2014, a marginal ......
Others
News Roundup: Narayana Health plans to raise up to $40M afresh
Narayana Health is planning to raise up to $40 million through private equity. The funds would be used to expand ......
Manufacturing
Industrial output grew 2.6% in July after declining for two months
Industrial output grew by 2.6 per cent in July compared with the same month last year, led by double-digit growth ......
Healthcare
DIPP proposes restrictions on FDI in parts of pharma sector
The Department of Industrial Policy and Promotion (DIPP), which is the nodal body for FDI policy in India and part ......
Consumer
Bain, GIC pick direct stake in Hero MotoCorp as promoter entity merges with two-wheeler maker
Private equity firm Bain Capital and Singapore’s sovereign wealth fund GIC have picked direct equity stake in public-listed company Hero ......
Others
News Roundup: Peepul Capital-backed Madras Stock Exchange plans to raise $15.7M
Peepul Capital-backed Madras Stock Exchange (MSE) is planning to raise around Rs 100 crore ($15.69 million) through private placement and would also ......
Consumer
Vikram Bakshi moves CLB against McDonald's, claims QSR JV partner wants to buy him out cheap
Vikram Bakshi, former managing director and a key shareholder of Connaught Plaza Restaurants Ltd (CPRL), the master franchisee for McDonald’s ......
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