TEAM VCC

News Roundup: Essar Steel to raise $1.1B to fuel capex, reduce debt

Others

22 February, 2013

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

21 February, 2013

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

21 February, 2013

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

20 February, 2013

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

20 February, 2013

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

19 February, 2013

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

18 February, 2013

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

18 February, 2013

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

18 February, 2013

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

15 February, 2013

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 ......