New Silk Route
TMT
Company Watch: Ascend Telecom eyes towering success with calculated risks
Consolidation in the Indian telecom sector may have benefitted mobile-phone operators but it hurt tower companies as tenancy ratios dropped ......
Consumer
Srei Infra starts bankruptcy proceedings against Baring- and NSR-backed firm
Kolkata-based Srei Infrastructure Finance Ltd has approached the National Company Law Tribunal to start bankruptcy proceedings against an edible oil ......
General
Peepul's Reddy to buy Medall; Zee eyes INX Media; Ascendas acquires Pune land
Sandeep Reddy, the co-founder of India-focused private equity firm Peepul Capital LLC, is looking to buy diagnostics firm Medall Healthcare ......
Manufacturing
New Silk Route-backed Rolex Rings revives IPO plan
Auto-components maker Rolex Rings Pvt. Ltd has revived its plan to go public, two people familiar with the development told ......
TMT
IDFC Alternatives buys into NSR-controlled telecom tower firm Ascend
IDFC Alternatives Ltd, the alternative investment arm of IDFC Bank Ltd, has acquired a stake in New Silk Route-controlled Ascend ......
General
New Silk Route's Darius Pandole quits to head JM Financial's PE unit
Darius Pandole, partner at private equity (PE) fund New Silk Route (NSR), is moving out to join JM Financial Ltd ......
Infrastructure
New Silk Route PE exits VRL Logistics
Private equity firm New Silk Route (NSR) has exited from its four-year-old investment in goods and passenger transport services provider ......
TMT
Ortel to open IPO on March 3; NSR now seeks part-exit with around 2x returns
Regional cable TV and broadband distribution firm Ortel Communications Ltd has fixed the price band of its proposed initial public ......
TMT
Ortel refiles for IPO to raise around $20M; New Silk Route to exit with around 2x
Regional cable TV and broadband distribution firm Ortel Communications Ltd has re-filed its draft red herring prospectus (DRHP) for its ......
