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TEAM VCC

OPIC Commits $198M To Two India-Focused Clean Energy Funds

Infrastructure

30 June, 2011

OPIC Commits $198M To Two India-Focused Clean Energy Funds

US government agency Overseas Private Investment Corporation (OPIC) is backing two clean energy private equity funds, with India as their ......

Agro Seed Firm Advanta India Raises $50M Through FCCB Issue

Others

30 June, 2011

Agro Seed Firm Advanta India Raises $50M Through FCCB Issue

Agro seed company Advanta India Ltd has closed $50 million Foreign Currency Convertible Bonds(FCCB) issue. The money raised through the ......

RBI Includes Two New Categories For Issue Of Shares Under FDI Scheme

General

30 June, 2011

RBI Includes Two New Categories For Issue Of Shares Under FDI Scheme

The Reserve Bank of India on Thursday notified norms related to issue of equity/preference shares under the government route of ......

Parekh Aluminex To Offload 35% Stake Via Preferential Issue

Others

30 June, 2011

Parekh Aluminex To Offload 35% Stake Via Preferential Issue

Aluminum foil containers maker Parekh Aluminex Ltd is looking to raise as much as Rs 100 crore ($22 million) through a ......

Yash Birla Group Acquires 51% Stake In Mansycom Consultants

Infrastructure

30 June, 2011

Yash Birla Group Acquires 51% Stake In Mansycom Consultants

Mumbai-based Yash Birla Group has acquired 51 per cent controlling stake in the Noida-based knowledge process outsourcing firm Mansycom Consultants ......

MindTree's Former Chairman Ashok Soota Halves Stake In Firm

TMT

30 June, 2011

MindTree's Former Chairman Ashok Soota Halves Stake In Firm

Ashok Soota, former chairman and co-founder of IT consultancy services firm MindTree Ltd, has sold over half of his 11.10 ......

News Roundup: Former i-flex Officials Bid For Oracle Unit

General

30 June, 2011

News Roundup: Former i-flex Officials Bid For Oracle Unit

Former i-flex Officials Bid For Oracle Unit - Former officials of Oracle's Indian subsidiary have come together to bid for ......

Passport Capital Sells 1.6% In Financial Technologies

Others

29 June, 2011

Passport Capital Sells 1.6% In Financial Technologies

Hedge fund Passport Capital has sold 1.6 per cent stake for Rs 62 crore in Financial Technologies (India) Ltd, which ......

DB Corp To Pick Minority Stake in DMC Education

TMT

29 June, 2011

DB Corp To Pick Minority Stake in DMC Education

Ad-for-equity media investor DB Corp, that publishes Dainik Bhaskar newspaper, is investing Rs 2.67 crore in DMC Education Ltd. DMC ......

Taj Capital Partners Backs Out Of PIPE Deal In Capital Trust

General

29 June, 2011

Taj Capital Partners Backs Out Of PIPE Deal In Capital Trust

Boutique investment firm Taj Capital Partners, which was in the process of investing around Rs 16.4 crore ($3.8 million......