Others
News Roundup: Essar Steel to raise $1.1B to fuel capex, reduce debt
The Ruia family-controlled Essar Steel, is looking to raise $1.1 billion (INR 5,990 crore) to fund its capital expenditure and refinance ......
Others
Watch live-streaming of VCCircle Limited Partners Summit & VCCircle Awards on Feb 20-21
Watch VCCircle India Limited Partners Summit 2013 and VCCircle Awards 2013 from wherever you are. We are live-streaming ......
Others
News Roundup: TPG selling Shriram shares worth $300M
US private equity firm TPG Capital is to sell part of its stake in Indian commercial vehicle financier Shriram Transport Finance ......
Infrastructure
Tata Group returns to aviation with Malaysian budget carrier AirAsia
Tata Group, which had launched Air India before its nationalisation, is making a comeback to the domestic aviationsector by forming ......
Others
News Roundup: IL&FS Milestone Realty in talks with Blackstone, Morgan Stanley to sell entire stake in Mumbai project
Property fund IL&FS Milestone Realty Advisors is in talks with global funds Blackstone, Morgan Stanley and GIC to sell its entire ......
Others
News Roundup: Shriram Properties reworking $100M deal with Ascendas
Shriram Properties, the Bangalore-based realty arm of the Shriram Group, is reworking its proposed INR 543 crore ($100 million) deal with ......
Manufacturing
Apollo converts Welspun Corp debenture at 60% premium
Private equity major Apollo Global Management has converted its convertible debenture in pipe manufacturing firm Welspun Corp at a 60 ......
Pharmaceuticals
Sun Pharma scraps plan to take NYSE-listed Taro private
Sun Pharmaceutical Industries Ltd, India’s largest pharmaceutical company by market capitalisation, has terminated a ......
Others
News Roundup: Hotelier Prakash Shetty set to buy majority stake in Moshe's
Bangalore-based hotelier Prakash Shetty is in the final stage of negotiations to acquire a majority stake in Moshe's, a premium restaurant ......
Infrastructure
DLF net profit up 11% on asset sale, revenues and EBITDA shrink
DLF Ltd reported 11.6 per cent rise in net profit for the quarter ended December 31, 2012, over the year-ago ......
