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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 ......

News Roundup: FIPB Defers Decision on Telenor Stake

General

09 June, 2009

News Roundup: FIPB Defers Decision on Telenor Stake

Pantaloon to Raise Rs 1,000 Crore - Pantaloon Retail, the country’s largest retailer, today said it plans to raise as ......

News Roundup: Mauritian Cos to Invest Rs 2,000 Crore in Matrix Enport

General

08 June, 2009

News Roundup: Mauritian Cos to Invest Rs 2,000 Crore in Matrix Enport

Mauritian Cos to Invest Rs 2,000 Crore in Matrix Enport - Three Mauritius-based companies -Citrus Holdings, Lemonhills Holdings and Lemonstone ......

Flower Exporter Karuturi Raises Rs 290 Cr From FIIs, Promoter

Others

08 June, 2009

Flower Exporter Karuturi Raises Rs 290 Cr From FIIs, Promoter

Flower exporter Karuturi Global is raising Rs 290 crore from its promoter Ramakrishna Karuturi and a consortium of foreign institutional ......

Stanford Prof And Google Backer Rajeev Motwani Dies

TMT

08 June, 2009

Stanford Prof And Google Backer Rajeev Motwani Dies

In a shocking development, Rajeev Motwani, the Stanford professor who had been one of the seed investors in Google, was ......

News Roundup: Akruti City to Raise $500 Million Via QIP

General

06 June, 2009

News Roundup: Akruti City to Raise $500 Million Via QIP

NTPC Ties Up Rs 22,000 Crore for FY10 - India’s biggest power utility company NTPC has lined up funding of ......

Aberdeen Closes Second Asia Real Estate FoF At $200 Mn

Infrastructure

05 June, 2009

Aberdeen Closes Second Asia Real Estate FoF At $200 Mn

The fund-of-funds (FoF) arm of Aberdeen Property Investors (API) has achieved a final close of just less than $200 million ......

News Roundup: Kingfisher Gets Rs 2,000 Crore Funding

General

05 June, 2009

News Roundup: Kingfisher Gets Rs 2,000 Crore Funding

Kingfisher Gets Rs 2,000 Crore Funding - Vijay Mallya-promoted Kingfisher Airlines has got crucial funding of Rs 2,000 crore from ......