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VC-backed ValueFirst settles disputed Way2SMS deal out of court; deal scrapped
ValueFirst Digital Media has reached an out-of-court settlement over its disputed acquisition of Hyderabad-based consumer internet firm Way2online, which owns ......
General
SEBI tweaks norms for pricing of open offer, margin requirement in offer for sale
Market regulator Securities & Exchange Board of India (SEBI) has announced a clutch of changes including margin requirement in offer ......
Others
News Roundup: Allied Blenders eyes up to Rs 250Cr in PE funding
Allied Blenders & Distillers Pvt. Ltd. is looking to raise around $46 million (INR 250 crore) in the coming fiscal. The ......
General
SEBI amends ESOP guidelines, prohibits employee trusts from share purchase in secondary market
Market regulator Securities and Exchange Board of India (SEBI) has tweaked the employee stock option guidelines by prohibiting listed companies ......
Others
News Roundup: DLF to sell wind energy business for Rs 900Cr
DLF Ltd. is looking to sell its wind energy business to an unlisted firm founded by the former General Electric India ......
Manufacturing
RHI acquiring 43.6% in Orient Refractories for $41M
Austrian firm RHI AG is acquiring almost the entire promoter holding in the public-listed Orient Refractories Ltd (ORL) in a ......
Others
News Roundup: Yes Bank, IndusInd may buy India retail business of RBS
Yes Bank and IndusInd Bank are negotiating to buy the Indian retail assets of Royal Bank of Scotland (RBS), abandoned by ......
General
BanyanTree Growth Capital II reaches second close; expects final close by April
BanyanTree Growth Capital, a structured private equity fund, has raised just under $ 150 million for its second fund. ......
Infrastructure
Sembawang scraps bid to buy entire construction business of Macmahon, eyes part of it
Sembawang Engineers and Constructors Pte Ltd (Sembawang), a Singapore-based subsidiary of construction firm Punj Lloyd Ltd, has pulled out of ......
Others
News Roundup: Qatar Air keen to buy stake in Indian carrier
Qatar Airways is interested in purchasing a stake in an Indian airline. Gulf carriers including Abu Dhabi’s Etihad Airways is already ......
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