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News Roundup: Edelweiss AMC Head Rajeev Mehrotra Quits

General

23 December, 2011

News Roundup: Edelweiss AMC Head Rajeev Mehrotra Quits

Edelweiss AMC Head Rajeev Mehrotra Quits - Rajeev Mehrotra, head of wholesale asset management at Edelweiss Financial Services, is learnt ......

PE-backed Tree House Tweaks Expansion Plan, To Open More Pre-schools

Others

22 December, 2011

PE-backed Tree House Tweaks Expansion Plan, To Open More Pre-schools

Matrix Partners-backed pre-school management company Tree House Education and Accessories Pvt Ltd has changed its business expansion plan and is ......

Online Men's Apparel Retail Start-up Fetise Raising $5M From Seedfund

TMT

22 December, 2011

Online Men's Apparel Retail Start-up Fetise Raising $5M From Seedfund

Mumbai-based online men’s apparel retail start-up Fetise Retail Pvt Ltd, which runs the site Fetise.com, is raising $5 million from ......

Ranbaxy Settles Regulatory Issues, Sets Aside $500M For Claims

Healthcare

21 December, 2011

Ranbaxy Settles Regulatory Issues, Sets Aside $500M For Claims

Japan’s Daiichi Sankyo-owned drug maker Ranbaxy Laboratories Ltd has reached an agreement to settle its three-year-old regulatory tussle with the ......

Ashok Leyland Buys 49% More In British Bus Maker Optare For Rs 33Cr

Infrastructure

21 December, 2011

Ashok Leyland Buys 49% More In British Bus Maker Optare For Rs 33Cr

Hinduja Group’s commercial vehicle manufacturer Ashok Leyland has increased its shareholding in the British bus maker Optare Plc to 75.1 ......

South Korea's KE&P Acquires Romania Plant Of Viraj Group

Others

21 December, 2011

South Korea's KE&P Acquires Romania Plant Of Viraj Group

The Viraj Group, a stainless steel manufacturer, has sold a Romanian manufacturing plant of its Tubinox SA unit to South ......

News Roundup: Ex-Axis PE Chief Joins Fund of Funds Gerken Capital

General

21 December, 2011

News Roundup: Ex-Axis PE Chief Joins Fund of Funds Gerken Capital

Multiples Seeks FIPB Approval For Indian Energy Exchange Deal - Multiples Private Equity, promoted by Renuka Ramnath, has sought government ......

Microfinance Lenders Can Now Borrow Up To $10M From Abroad

General

20 December, 2011

Microfinance Lenders Can Now Borrow Up To $10M From Abroad

The Indian central bank has eased the norms for local microfinance institutions (MFIs) – so that these may raise funds ......

Sequoia Capital's Stake In Infra Firm Pratibha Industries Crosses 5%

Infrastructure

20 December, 2011

Sequoia Capital's Stake In Infra Firm Pratibha Industries Crosses 5%

Venture and growth capital investor Sequoia Capital India's shareholding in Pratibha Industries Ltd, an infrastructure solutions provider focusing on water ......

News Roundup: Everstone Capital Buys 45% In Pind Balluchi

General

20 December, 2011

News Roundup: Everstone Capital Buys 45% In Pind Balluchi

Everstone Capital Buys 45% In Pind Balluchi - Everstone Capital, a private equity firm managing assets worth over $1.5 billion ......