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HK firm picks up 51% stake in RFF

Kerry Logistics Network, part of the Hong Kong-based KUOK Group, a conglomerate with diversified interests in logistics, property, hotels & resorts among others, has picked up 51% equity stake in Chennai-based Rs 75 crore Reliable Freight Forwarders for an undisclosed … […]

Moser Baer arm picks up 40% stake in Slovenia co

Moser Baer Photo Voltaic (MBPV), a wholly-owned subsidiary of Moser Baer India, has picked up 40% stake in Slovenia-based Solarvalue Proizvodnja would acquire the stake from Germany-based Solarvalue AG, which currently holds 100% stake in the Slovenian company involved in … […]

India TV gets $11.5 mn foreign investment

Indian language news channel India TV has attracted an investment of $11.5 million from FUSE+Media, an affiliate of leading international venture fund ComVentures.

FUSE+Media has invested in India TV through Mauritius-based CV Global Holdings.

'The partnership will strengthen India TV's … […]

Actis, Argon acquire 20% in Phoenix Lamps

Private equity investor Actis and its affiliates have acquired a 20 per cent stake in Phoenix Lamps for Rs 106.45 crore, taking their holding in the company to over 66 per cent.

The open offer to the shareholders of Phoenix … […]