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Groupe SEB Buys 55% In Maharaja Whiteline, Takes On Philips

Others

19 December, 2011

Groupe SEB Buys 55% In Maharaja Whiteline, Takes On Philips

French home appliance maker Groupe SEB has acquired 55 per cent in Maharaja Whiteline, privately held electrical ......

Redington To Buy Investcorp's 26% In Overseas Holding Arm For $113M

TMT

19 December, 2011

Redington To Buy Investcorp's 26% In Overseas Holding Arm For $113M

Redington (India) Ltd is acquiring 25.97 per cent stake of its Cayman Island-based overseas business holding arm Redington International Holding ......

News Roundup: Welspun Bondholders Refuse To Revise Terms

General

19 December, 2011

News Roundup: Welspun Bondholders Refuse To Revise Terms

Welspun Bondholders Refuse To Revise Terms - Rattled by fears of default and expensive lawsuits, foreign bondholders have refused to ......

CRR, Repo Rate Cuts Still Out Of Bounds, But RBI Focusing On Growth

General

16 December, 2011

CRR, Repo Rate Cuts Still Out Of Bounds, But RBI Focusing On Growth

The Indian central bank has stuck to its conservative policy stance and refrained from making any changes to key policy ......

Mytrah Energy India Raises Rs 100Cr In Mezzanine Funding

Infrastructure

16 December, 2011

Mytrah Energy India Raises Rs 100Cr In Mezzanine Funding

Hyderabad-based Mytrah Energy India Ltd (MEIL), a wholly owned subsidiary of London Stock Exchange-listed Mytrah Energy, has raised a fresh ......

Apparel E-com Site Freecultr Raises $4M From Sequoia Capital

TMT

16 December, 2011

Apparel E-com Site Freecultr Raises $4M From Sequoia Capital

Freecultr, an apparel e-com venture co-founded by Sujal Shah, Sandeep Singh and Rajesh Narkar, with backing from the Smile Group ......

Greenko Unit Raises $70M From StanChart In Structured Deal

Infrastructure

16 December, 2011

Greenko Unit Raises $70M From StanChart In Structured Deal

A subsidiary of London-listed clean energy producer Greenko Group PLC has raised $70 million from Standard Chartered Plc in what ......

Vortex Raises Rs 37Cr From Tata Capital, Aavishkaar & Others

Others

16 December, 2011

Vortex Raises Rs 37Cr From Tata Capital, Aavishkaar & Others

Chennai-based Vortex Engineering Pvt Ltd has raised Rs 37 crore from a string of investors including Tata Capital and existing ......

News Roundup: Blackstone's CMS Buys Securitrans For Rs 250Cr

General

16 December, 2011

News Roundup: Blackstone's CMS Buys Securitrans For Rs 250Cr

Blackstone's CMS Buys Securitrans For Rs 250Cr - CMS Info Systems, in which private equity firm Blackstone owns 57%, has ......

Electrotherm To Sell Iron Pipes Unit To Saint-Gobain For Over $180M

Others

15 December, 2011

Electrotherm To Sell Iron Pipes Unit To Saint-Gobain For Over $180M

Ahmedabad-based Electrotherm India is selling its ductile iron pipes (DIP) division – comprising manufacturing, marketing, sales and distribution of ductile ......