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News Roundup: RBI to Keep Eye on Rating Agencies, PE Funds

General

22 April, 2009

News Roundup: RBI to Keep Eye on Rating Agencies, PE Funds

Sesa Goa Eyes Control of Brazilian Mine - Sesa Goa, India’s largest iron ore exporter, is exploring options of bidding ......

Shikha Sharma Voted To Power At Axis Bank; Nayak Quits In Protest

General

21 April, 2009

Shikha Sharma Voted To Power At Axis Bank; Nayak Quits In Protest

It has been a battle of sorts at the board meeting of Axis Bank, India's third largest private bank after ......

News Roundup: REC Abandons $1.25 Bn PE Fund Plan

General

21 April, 2009

News Roundup: REC Abandons $1.25 Bn PE Fund Plan

Bhushan Steel to Hike stake in OSISL to 25% - Bhushan Steel Group is close to increasing its stake in ......

Vishakha Mulye Appointed MD & CEO of ICICI Venture

General

21 April, 2009

Vishakha Mulye Appointed MD & CEO of ICICI Venture

Vishakha Mulye has been appointed as the Managing Director & CEO of India's largest private equity fund CICI Venture Funds Management ......

TVS Capital Appoints Former Pharma Exec As Executive Director

General

20 April, 2009

TVS Capital Appoints Former Pharma Exec As Executive Director

TVS Capital has appointed Murli Ramachandran, an operational manager, as an Executive Director. He will work with the private equity ......

News Roundup: Cognizant in talks to buy UK's Pa Consulting

General

20 April, 2009

News Roundup: Cognizant in talks to buy UK's Pa Consulting

Cognizant in Talks to Buy UK Firm Pa Consulting - Cognizant Technology Solutions is in talks with London-based Pa Consulting ......

Infosys Co-founder Narayana Murthy Turns Investor

Others

18 April, 2009

Infosys Co-founder Narayana Murthy Turns Investor

NR Narayana Murthy, the co-founder and chief mentor of Indian IT giant Infosys Technologies, is donning a new hat as ......

Private Equity, Hedge Funds Invest in Unitech's $325 Mn QIP

Infrastructure

17 April, 2009

Private Equity, Hedge Funds Invest in Unitech's $325 Mn QIP

India's second-biggest real estate developer Unitech Ltd has raised $325 million through qualified institutional placement (QIP) issue. The funds have ......

News Roundup: Redevco May Invest Rs 300 Cr in Sobha Developers

General

17 April, 2009

News Roundup: Redevco May Invest Rs 300 Cr in Sobha Developers

Nokia and HCL Form JV for Direct Sales - Nokia has entered into a joint venture (JV) with HCL Infocomm ......

Suzlon's Ever Increasing Woes, Looks To Siva For Rs 400 Crore

Infrastructure

16 April, 2009

Suzlon's Ever Increasing Woes, Looks To Siva For Rs 400 Crore

Indian wind turbine maker Suzlon Energy is negotiating with C. Sivasankaran, the NRI investor to raise nearly $80.5 million to ......