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GMR in $547M reverse merger deal for Indonesian coal assets

Manufacturing

05 July, 2012

GMR in $547M reverse merger deal for Indonesian coal assets

GMR Infrastructure Ltd has struck a $547 million reverse merger deal for its Indonesian coal mining and trading asset PT ......

General

04 July, 2012

Everstone's Sameer Sain sells remaining stake in Future Capital

Sameer Sain, former joint venture partner of retail king Kishore Biyani in their financial services joint venture Future Capital Holdings, ......

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Manufacturing

04 July, 2012

Bilt in strategy flip, moving most of paper biz to PE-backed arm

India’s largest paper company Ballarpur Industries Ltd (Bilt) is moving almost all of its paper production business in the country ......

Healthcare

03 July, 2012

Poonawalla's Serum Institute buys NVI's production biz for $40M

The Serum Institute of India Limited (Serum) has acquired the production unit of Netherland’s state-owned vaccine maker Netherlands Vaccine Institute ......

TMT

03 July, 2012

Ncubate Capital Partners takes significant minority stake in Pune-based Nevis Networks

Early stage India-focused venture capital fund Ncubate Capital Partners has picked up a significant minority stake in Pune-based Nevis Networks ......

TMT

03 July, 2012

Gameshastra sells studio to Disney Interactive Media Group

Hyderabad-based gaming company Gameshastra has sold one of its studios to Disney Interactive Media Group. The studio was providing back-end ......

Manufacturing

02 July, 2012

Essar Energy sells 50% stake in Vietnam gas block to ENI International

In order to help manage risk and to focus more on developing its core assets, Essar Energy Plc.’s subsidiary Essar ......

Technology

29 June, 2012

Yatra acquires online hotels aggregator Travelguru from Travelocity

In a surprising move, Gurgaon-based online travel agency (OTA) Yatra Online Pvt Ltd has acquired online hotel ......

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General

29 June, 2012

Ahead of FCCB redemptions, Indian companies ring asset-sale alarm

At least half a dozen companies are scrambling to sell assets or are seeking shareholder approval to raise funds to ......

General

29 June, 2012

Annapurna Microfinance raises $2.36M from Incofin Investment Management

Orissa-based (AMPL) has raised Rs 13 crore ($2.6 million) from Belgian investment firm Incofin Investment Management's Rural Impulse Fund II.Incofin ......

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