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Sumant Sinha Quits AV Birla Retail; Pradeep Guha Sets Up OOH Biz

General

18 August, 2008

Sumant Sinha Quits AV Birla Retail; Pradeep Guha Sets Up OOH Biz

  Sumant Sinha, the CEO of AV Birla Retail, has quit the group. He had also occupied the role of group ......

2i Capital Announces First Close of Its 2nd Fund At $60 Million

General

18 August, 2008

2i Capital Announces First Close of Its 2nd Fund At $60 Million

2i Capital, a mid-stage, growth-oriented private equity fund, has raised $60 million as the first closure of its second fund ......

Citigroup May Sell Its $2-Billion Worth Stake In HDFC: Report

General

18 August, 2008

Citigroup May Sell Its $2-Billion Worth Stake In HDFC: Report

Subprime mess-affected Citigroup is considering the sale of its 12.7 per cent shareholding in India’s Housing Development Finance Corporation (HDFC), ......

Public Issues Drop By 90% In Q1 2009, Mop Up Only Rs 1,547 Crore

General

17 August, 2008

Public Issues Drop By 90% In Q1 2009, Mop Up Only Rs 1,547 Crore

Public issues to raise funds by Indian firms have taken a big knock. That is no surprise given the state ......

Bennett, Coleman's 2% Stake Buy In SMC Group Values Broker At $875 MN

General

17 August, 2008

Bennett, Coleman's 2% Stake Buy In SMC Group Values Broker At $875 MN

The private equity division of the media group Bennett, Coleman & Company has picked up 2.098 per cent stake in ......

Government Plans Big Ticket Stake Sale In Axis Bank, PSU Banks

General

17 August, 2008

Government Plans Big Ticket Stake Sale In Axis Bank, PSU Banks

The government is looking to dilute a large part of its equity stake in the third largest private bank in ......

DFJ To Diversify To Mid-to-Late Stage, Non-Tech Deals; Closes 17 Deals

General

17 August, 2008

DFJ To Diversify To Mid-to-Late Stage, Non-Tech Deals; Closes 17 Deals

Leading Silicon Valley venture capital firm Draper Fisher Jurvetson (DFJ) is shedding its pure early stage venture focus in India ......

IDFC Plans Holding Co; To Raise Upto $750M; Increase ESOPS

General

16 August, 2008

IDFC Plans Holding Co; To Raise Upto $750M; Increase ESOPS

Infrastructure Development Finance Company (IDFC) is planning to set up an intermediate holding company for of its four subsidiaries – ......

Reliance Money Plans Saudi Arabia Foray Through JV

General

16 August, 2008

Reliance Money Plans Saudi Arabia Foray Through JV

The home-grown financial firms are increasingly looking at going global. Close on the heels of Religare Enterprises acquiring London’s oldest ......

AV Birla Close To Buying Stake In Apollo Sindhoori: Report

General

16 August, 2008

AV Birla Close To Buying Stake In Apollo Sindhoori: Report

Even when the stock broking firms are reeling under low trading turnover, the Aditya Birla group seems to be going ......

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