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BSE Sensex Rebounds 3%; Banks, Infosys Rise
The BSE Sensex rebounded more than 3 percent on Friday after a four-day slide, as euro zone plans to shore ......
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Nomura Research Acquires 25.1% In Delhi-based Market Xcel Data
Global consulting firm Nomura Research Institute (NRI) will acquire 25.1 per cent stake in Market Xcel Data Matrix Pvt Ltd, ......
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Bumi Shareholder Considers Asset Sale
Indonesia’s influential Bakrie family, the largest shareholder in London-listed miner Bumi, is considering selling off assets to repay a $1.34bn ......
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Blue River Capital To Exit Aurangabad Electricals In IPO
Private equity firm Blue River Capital is completely exiting its five-year-old investment in auto ancillary company Aurangabad Electricals Ltd in ......
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CLSA Capital Invests $21.8M In Resonance Eduventures
Kota-based test preparation company Resonance Eduventures Pvt Ltd, which offers coaching for IIT-JEE, engineering and medical entrance exams, has raised ......
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Hitachi Acquires Helix-backed Hi-Rel Electronics
Japanese conglomerate Hitachi Ltd has acquired Gandhinagar-based Hi-Rel Electronics Pvt Ltd, a power electronics company backed by the private equity ......
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Service Sector Shrinks For First Time In Over Two Years
India's service sector has contracted for the first time in more than two years as new business all but dried ......
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Essar Aims To Raise $750M From IPO Next Year
Essar, one of India’s largest conglomerates, is planning to raise about $750m from an initial public offering of its infrastructure ......
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Red Hat Acquires Nexus Ventures-backed Gluster For $136M
Open source solutions firm Red Hat Inc. has acquired Nexus Ventures-backed Gluster Inc., a provider of scale-out, open source storage ......
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Tata Opportunities Fund Reaches 2nd Close At $550M; Targets $1B Corpus
Tata Opportunities Fund LP, a sector-agnostic private equity fund floated by Tata Capital (the financial services arm of the $83.6 ......
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