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Tech Mahindra buys 51% of Bharti Group's mobile VAS firm Comviva for $48M

TMT

24 September, 2012

Tech Mahindra buys 51% of Bharti Group's mobile VAS firm Comviva for $48M

Tech Mahindra Limited, India’s sixth largest software exporter, has struck a deal to acquire 51 per cent of Comviva Technologies ......

Max India sells BOPP film biz to Treofan for $97M

Commodities

24 September, 2012

Max India sells BOPP film biz to Treofan for $97M

Max India Ltd has sold its unit that makes polypropylene film to Germany's Treofan for Rs 540 crore ($97 million). ......

News Roundup: NTPC to raise $750M through bonds, syndicate loans

Others

24 September, 2012

News Roundup: NTPC to raise $750M through bonds, syndicate loans

NTPC to raise $750M through bonds, syndicate loans: State-owned power firm NTPC today said it would raise up to $750 million ......

Devil in the fineprint: India keeps out e-commerce from FDI in multi-brand retail

TMT

21 September, 2012

Devil in the fineprint: India keeps out e-commerce from FDI in multi-brand retail

The government has specifically excluded e-commerce firms from its decision to allow up to 51 per cent foreign direct investment ......

News Roundup: Essar Ports re-finances Rs 405Cr debt through IIFCL

Others

21 September, 2012

News Roundup: Essar Ports re-finances Rs 405Cr debt through IIFCL

Essar Ports re-finances Rs 405-cr debt through IIFCL: Essar Ports has re-financed its debt in a subsidiary, Essar Bulk Terminal Ltd ......

LeapFrog to buy 15% in Mahindra Insurance Brokers for $15M

General

20 September, 2012

LeapFrog to buy 15% in Mahindra Insurance Brokers for $15M

Mahindra & Mahindra Financial Services Ltd has struck a deal to sell 15 per cent stake in its wholly-owned subsidiary ......

News Roundup: Lenders agree to fund Deccan Chargers; Videocon ready to buy

Others

20 September, 2012

News Roundup: Lenders agree to fund Deccan Chargers; Videocon ready to buy

Lenders agree to fund Deccan Chargers; Videocon ready to buy: A lenders’ consortium has agreed to finance cash-strapped newspaper publisher Deccan ......

News Roundup: Jet Airways could be first off the ground with FDI from Etihad

Others

19 September, 2012

News Roundup: Jet Airways could be first off the ground with FDI from Etihad

Jet Airways could be first off the ground with FDI from Etihad: Jet AirwaysBSE and Etihad Airways are in discussions for ......

IFC may invest in IIM Ahmedabad-incubated energy efficiency startup Ecolibrium

Infrastructure

18 September, 2012

IFC may invest in IIM Ahmedabad-incubated energy efficiency startup Ecolibrium

World Bank arm IFC is looking to invest in Ecolibrium Energy Pvt Ltd, an early-stage firm specialising in the area ......

News Roundup: IDFC Private Equity to buy Parag Milk stake for Rs 160Cr

Others

18 September, 2012

News Roundup: IDFC Private Equity to buy Parag Milk stake for Rs 160Cr

IDFC Private Equity to buy Parag Milk stake for Rs 160Cr: IDFC Private Equity is all set to buy 15-20 ......