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News Roundup: Action Construction Closing Two Acquisitions For Rs120Cr

General

01 August, 2011

News Roundup: Action Construction Closing Two Acquisitions For Rs120Cr

Action Construction Closing Two Acquisitions For Rs 120Cr - Haryana-based material handling and construction equipment manufacturer Action Construction Equipment (ACE) ......

ICICI Takes 29.3% GTL Stake After Share Pledge

General

29 July, 2011

ICICI Takes 29.3% GTL Stake After Share Pledge

ICICI Bank has assumed 29.3 per cent stake in debt-laden Indian telecoms infrastructure company GTL after taking over shares pledged ......

SEBI Raises Threshold For Mandatory Takeover Offer

General

29 July, 2011

SEBI Raises Threshold For Mandatory Takeover Offer

* Trigger for open offer raised to 25 pct of equity from 15 pct now* Mandatory open offer size raised ......

News Roundup: Viom Makes Rs 7,500Cr Offer For GTL Infra

General

29 July, 2011

News Roundup: Viom Makes Rs 7,500Cr Offer For GTL Infra

Viom Makes Rs 7,500Cr Offer For GTL Infra - Telecom tower company Viom Networks has made a Rs 7,500-crore offer ......

News Roundup: Vasan Healthcare Close To $100M Deal With GIC

General

28 July, 2011

News Roundup: Vasan Healthcare Close To $100M Deal With GIC

With TPG Deal, Shriram Properties Eyes Hospitality, Logistics Biz - After Shriram Properties Ltd recently secured a $100 million ......

SKS Microfinance To Raise Rs 900Cr Through QIP

General

27 July, 2011

SKS Microfinance To Raise Rs 900Cr Through QIP

Hyderabad-based SKS Microfinance, the country’s largest and only listed micro-lending company, will raise Rs 900 crore through qualified institutional placements, ......

Nainesh Jaisingh Elevated To StanChart PE Global Co-Head

General

27 July, 2011

Nainesh Jaisingh Elevated To StanChart PE Global Co-Head

The private equity arm of London-headquartered bank Standard Chartered Plc. has elevated its India head Nainesh Jaisingh to the position ......

L&T Finance IPO Raises $36M From Anchor Investors

General

27 July, 2011

L&T Finance IPO Raises $36M From Anchor Investors

India's L&T Finance Holdings has raised around 1.6 billion rupees ($36 million) by selling shares to cornerstone investors of an ......

News Roundup: Bhartiya Samruddhi Finance May Go Under

General

27 July, 2011

News Roundup: Bhartiya Samruddhi Finance May Go Under

Bhartiya Samruddhi Finance May Go Under - Vijay Mahajan-promoted Bhartiya Samruddhi Finance Ltd, India’s oldest microfinance institution (MFI), may collapse ......

Sara Cotton Raises $6.4M To Expand Cotton Farming In Ethiopia

General

26 July, 2011

Sara Cotton Raises $6.4M To Expand Cotton Farming In Ethiopia

Coimbatore-based cotton farm Sara Cotton has raised $6.4 million through a mix of equity and debt route to fund its ......

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