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News Roundup: Telenor, Tata in alliance move

Others

08 May, 2013

News Roundup: Telenor, Tata in alliance move

The Tata group and Norwegian telecom major Telenor have appointed merchant bankers to advise them on a possible strategic alliance that ......

Motilal Oswal reaches third close of second PE fund at $103.5M

General

07 May, 2013

Motilal Oswal reaches third close of second PE fund at $103.5M

Motilal Oswal Private Equity Advisors has made a third close of its second fund at Rs 560 crore ($103.5 million) ......

News Roundup: General Atlantic-backed IBS Software plans IPO

Others

07 May, 2013

News Roundup: General Atlantic-backed IBS Software plans IPO

General Atlantic-backed IBS Software Services is looking at an initial public offering to give its principal PE investor an exit. The ......

Goldman Sachs to invest $110M in DEN Networks

TMT

06 May, 2013

Goldman Sachs to invest $110M in DEN Networks

Cable television company DEN Networks Ltd is raising $110 million (Rs 600 crore) from an arm of Goldman Sachs in ......

News Roundup: Avantha Group in talks with PE firms to raise $250M

Others

06 May, 2013

News Roundup: Avantha Group in talks with PE firms to raise $250M

Gautam Thapar-led Avantha Group is in talks with three private equity firms to raise $250 million through a structured deal that ......

Scotts Garments withdraws IPO, second casualty of 2013

Manufacturing

03 May, 2013

Scotts Garments withdraws IPO, second casualty of 2013

Canbank Venture Capital-backed readymade fashion garments manufacturer Scotts Garments Ltd has withdrawn its initial public offering after it failed to ......

Jindal Poly Films to buy global BOPP business of ExxonMobil for $235M

Manufacturing

03 May, 2013

Jindal Poly Films to buy global BOPP business of ExxonMobil for $235M

Jindal Poly Films Ltd has struck a deal to acquire the global biaxially oriented polypropylene (BOPP) business of ExxonMobil Chemical ......

RBI cuts repo rate by 25 basis points, says little scope for further monetary easing

General

03 May, 2013

RBI cuts repo rate by 25 basis points, says little scope for further monetary easing

The Indian central bank cut key policy repo rate by 25 basis points on Friday, in line with street expectations, ......

Qatar Foundation Endowment to buy 5% in Bharti Airtel for $1.26B

TMT

03 May, 2013

Qatar Foundation Endowment to buy 5% in Bharti Airtel for $1.26B

Bharti Airtel, the world’s fourth-biggest cellular carrier by customers, is raising $1.26 billion (Rs 6,796 crore) from Qatar Foundation Endowment ......

News Roundup: JP Morgan may invest $150M in Bhaskar Group's Diliigent Power

Others

03 May, 2013

News Roundup: JP Morgan may invest $150M in Bhaskar Group's Diliigent Power

Bhaskar Group's power generation company, Diliigent Power, is in advanced talks to sell an equity stake in the company for $150 ......