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News Roundup: Foreign Firms May Buy UTI AMC's 26% Stake

General

15 June, 2009

News Roundup: Foreign Firms May Buy UTI AMC's 26% Stake

SCI, ONGC Plan Revival of JV for Vessel Operations - Shipping Corporation of India (SCI) and Oil and Natural Gas ......

Taj Group Buys Controlling Stake In Sea Rock Hotel For Rs 680 Crore

General

15 June, 2009

Taj Group Buys Controlling Stake In Sea Rock Hotel For Rs 680 Crore

The Tata group-owned Indian Hotels Co. Ltd (IHCL) said it would acquire a controlling stake in Mumbai's Sea Rock Hotel (in the picture) ......

PE And Agri Entrepreneurs Need To Understand Each Other Well: Kochhar

General

14 June, 2009

PE And Agri Entrepreneurs Need To Understand Each Other Well: Kochhar

VCCircle and ICICI Bank, India's largest private sector bank, organised the first of  its kind  Investment Summit for Agri, Food & ......

News Roundup: Reliance Infratel Eyes Investments from PE Firms

General

13 June, 2009

News Roundup: Reliance Infratel Eyes Investments from PE Firms

Vedanta Raises $1.25 Billion - The London-listed Vedanta Resources has raised $1.25 billion (approximately Rs 5,925 crore) through issue of ......

Sesa Goa Acquires Dempo Mining For Rs 1,750 Cr

General

12 June, 2009

Sesa Goa Acquires Dempo Mining For Rs 1,750 Cr

Sesa Goa Ltd, an arm of London-listed Vedanta Resources Plc, has acquired the mining assets of Dempo Group paying Rs ......

News Roundup: Shiv Vani Oil to Raise Rs 600 Crore

General

12 June, 2009

News Roundup: Shiv Vani Oil to Raise Rs 600 Crore

GMR's Kakinada Project to See Rs 400 Crore Investment - GMR Energy Ltd, the subsidiary of Bangalore-based infrastructure major, GMR ......

News Roundup: M&M May Buy Out Partner in Mahindra South Africa

General

11 June, 2009

News Roundup: M&M May Buy Out Partner in Mahindra South Africa

L&T to Exit UltraTech as Birlas Give No-Objection - Larsen & Toubro will sell its 11.49% stake in the Aditya ......

Ambit Forays Into Wealth Management, Hires ABN Amro's Sutapa Banerjee

General

11 June, 2009

Ambit Forays Into Wealth Management, Hires ABN Amro's Sutapa Banerjee

Financial services firm Ambit Holdings Pvt. Ltd has announced its foray into wealth management business with appointment of Sutapa Banerjee ......

News Roundup: Future Group to Raise Rs 4,000 Crore

General

10 June, 2009

News Roundup: Future Group to Raise Rs 4,000 Crore

Unitech Exits New Kolkata SPV - Unitech, the country’s second-largest property developer, has exited from New Kolkata International Development (NKID) ......

Jaiprakash Associates May Raise Rs 3,000 Cr Through Secondary Sale

Infrastructure

10 June, 2009

Jaiprakash Associates May Raise Rs 3,000 Cr Through Secondary Sale

Infrastructure group Jaiprakash Associates is looking to raise Rs 2,500-3,000 crore through secondary sale of equity. The firm is looking ......