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ADB Backs ShoreCap II Fund With $10M

General

10 December, 2010

ADB Backs ShoreCap II Fund With $10M

Manila-based Asian Development Bank (ADB) has made a commitment to invest $10 million in private equity fund ShoreCap II Fund, ......

Former Wipro Honcho Vivek Paul's KineticGlue Buys Injoos Web Solutions

TMT

10 December, 2010

Former Wipro Honcho Vivek Paul's KineticGlue Buys Injoos Web Solutions

Ex-Wipro CEO Vivek Paul-promoted KineticGlue, an enterprise focussed social collaboration firm, has acquired Injoos Web Solutions, a Bangalore-based provider of ......

News Roundup: Apax-iGate Lead Race For Patni Computers

General

10 December, 2010

News Roundup: Apax-iGate Lead Race For Patni Computers

NEA To Invest $50M In TutorVista - NEA (New Enterprise Associates) has clinched a deal to invest $50 million in ......

Nexus' Seed Plan To Fund Up To 50 Startups In 5 Years

General

09 December, 2010

Nexus' Seed Plan To Fund Up To 50 Startups In 5 Years

Nexus Venture Partners has established Nexus Seed, a programme through which Nexus will infuse Rs 20 lakh to Rs 2 ......

News Roundup: Jhunjhunwala Takes 30% In Krayon Pictures

General

09 December, 2010

News Roundup: Jhunjhunwala Takes 30% In Krayon Pictures

Jhunjhunwala Takes 30% In Krayon Pictures - Rakesh Jhunjhunwala, the billionaire investor, has taken up a 30% plus stake in ......

News Roundup: Mantri Developers To Get Rs 400Cr From Xander

General

08 December, 2010

News Roundup: Mantri Developers To Get Rs 400Cr From Xander

Mantri Developers To Get Rs 400Cr From Xander - Morgan Stanley-backed Mantri Developers Pvt Ltd is set to raise between ......

Spice Buys Thai Mobile Handset Player NewTel

TMT

07 December, 2010

Spice Buys Thai Mobile Handset Player NewTel

BK Modi-owned Spice Group, one of the leading mobile hand set makers, has acquired NewTel Corporation - known for the ......

Market Action: Henderson Starts Exiting HT Media

Others

07 December, 2010

Market Action: Henderson Starts Exiting HT Media

Private equity firm Henderson Equity Partners has sold nearly a 3% stake in HT Media, the publisher of the Hindustan ......

News Roundup: Religare Close To Buying 85% In IndiaReit

General

07 December, 2010

News Roundup: Religare Close To Buying 85% In IndiaReit

Religare Close To Buying 85% In IndiaReit - Religare Enterprises is close to buying 85% of the Ajay Piramal Group ......

News Roundup: Honda, Hero To End Morcycle JV

General

06 December, 2010

News Roundup: Honda, Hero To End Morcycle JV

Honda, Hero To End Morcycle JV - Honda Motor Co. reached a basic agreement this week to dissolve its partnership ......