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News Roundup: GAIL to sell part stake in China Gas Holdings

Others

17 April, 2013

News Roundup: GAIL to sell part stake in China Gas Holdings

State-owned gas utility GAIL India Ltd plans to sell part of its 4.6% stake in Hong Kong-listed, city gas distribution firm, ......

News Roundup: Naresh Goyal to dilute holding in Jet Airways through offer for sale

Others

16 April, 2013

News Roundup: Naresh Goyal to dilute holding in Jet Airways through offer for sale

As the Jet-Etihad is getting delayed due to issues related to bilateral treaty, promoters of the former are keen to fast ......

CX Partners finalises deal to buy 75% stake in Transaction Solutions' India ATM biz

TMT

16 April, 2013

CX Partners finalises deal to buy 75% stake in Transaction Solutions' India ATM biz

Private equity firm CX Partners has finalised the deal to buy 75 per cent stake in the India ATM business ......

IFC may invest up to $25M in Motilal Oswal's second PE fund

General

16 April, 2013

IFC may invest up to $25M in Motilal Oswal's second PE fund

International Finance Corporation (IFC), the private investment arm of the World Bank, is looking to commit up to $25 ......

Takeover tycoon RP Goenka passes away

Others

15 April, 2013

Takeover tycoon RP Goenka passes away

Kolkata-based industrialist Rama Prasad Goenka passed away on Sunday (April 14). He was aged 83. RP started his solo business ......

Meet top entrepreneurs, investors at VCCircle Consumer Investment Summit in 2 days: Register now

Others

15 April, 2013

Meet top entrepreneurs, investors at VCCircle Consumer Investment Summit in 2 days: Register now

The high correlation between the current GDP and the progressing consumer-oriented industries contributing a large chunk of the Indian GDP ......

Warburg Pincus buys stake in Avtec, paves way for Actis' exit

Manufacturing

15 April, 2013

Warburg Pincus buys stake in Avtec, paves way for Actis' exit

Fresh from its multi-bagger exit in the automotive sector, private equity major Warburg Pincus has picked up a minority stake ......

News Roundup: JP Morgan may invest $150M in Diligent Power

Others

15 April, 2013

News Roundup: JP Morgan may invest $150M in Diligent Power

JP Morgan Asset Management may invest around INR 815 crore ($149.87 million) in the Bhaskar Group’s Diligent Power Pvt. Ltd, indicating ......

News Roundup: Multiples set to take controlling stake in Mysore-based Vikram Hospital

Others

12 April, 2013

News Roundup: Multiples set to take controlling stake in Mysore-based Vikram Hospital

Renuka Ramnath’s Multiples Alternate Asset Management Pvt. Ltd is set to take a controlling stake in Mysore-based hospital chain Vikram Hospital ......

News Roundup: Birlas plan to sell business outsourcing arm

Others

11 April, 2013

News Roundup: Birlas plan to sell business outsourcing arm

Aditya Birla Nuvo, a AV Birla group company, is in the midst of a business restructuring exercise by shedding low margins ......