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PE Grows Wary of India Opportunity, See Deals Slowing
The amount of private equity investments flowing into once-magnetic India could halve this year as funds face edgy investors, souring ......
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FINO To Raise Rs100 crore Through Private Equity
Financial Information Networks and Operation (FINO), a micro banking firm addressing the bottom of pyramid customers is planning to raise ......
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UBS Names Grubel As New CEO
UBS AG, the Swiss bank battered by massive write-downs and its role in a U.S. tax-evasion scheme, announced the appointment of Oswald J. ......
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Ex- Deutsche Bank Employees Form Hedge Fund, To Hire 40 In India
The quantitative trading team of Deutsche Bank, the Equitech Group, is leaving to start a hedge fund in New York, ......
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News Roundup: Sanofi Leads Race to Buy Piramal Healthcare
Sanofi Emerges as Frontrunner in Race to Acquire Piramal Healthcare - French drug major Sanofi-Aventis has emerged as the front-runner ......
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Avigo Capital Achieves First Close of Third Fund At $150 Mn
Avigo Capital Partners, a Delhi-based private equity fund focused on mid-market companies, has raised $150 million as the first close ......
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Apax Partners Sells 7.7% Stake to GIC and Future Fund
UK based private equity group, Apax partners has sold 7.7% stake in its management company to two investors - the ......
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News Roundup: Monnet Joins Race to Acquire Orissa Sponge
Sun to Offer 22% More for Taro - Pharmaceuticals is learnt to have decided to offer a revised bid to ......
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Temasek Opens Chennai Office To Focus On South
Temasek Holdings Advisors India has opened an office in Chennai in a bid to expand its India operations. The Singapore ......
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Bernanke: US Recession May End In 2009; Recovery To Start in 2010
Here is an optimistic statement from US Federal Reserve Chairman Ben Bernanke. He said the recession should end in 2009 and 2010 "will ......
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