|
Along with foreign companies venturing into the Indian market, Indian companies are too becoming more forceful globally and extending their footprints outside the country. And thus, private equity firms are showing keen interest in the hospitality sector. Sourav Goswami cited, … […] Venture capital firm Canaan Partners said Wednesday it made a joint investment of $3.1 million with SVB Financial Group to fund iYogi, a computer support startup. Menlo Park-based Canaan Partners said Gurgaon-based iYogi provides live computer support on the … […] An Indian pharmaceutical company has purchased allergy product manufacturer HollisterStier Laboratories LLC, officials from both companies announced. India's Jubilant Organosys Ltd. announced Tuesday it paid $122.5 million cash for the Spokane-based pharmaceutical and biopharmaceutical maker, which specializes in injectable allergy … […] Pyramid Saimira Theatres (PSTL), one of the largest digital film theatre chains in India, is planning to float a film content fund that will help production houses create and finance content. The company is in an expansion mode, enhancing its … […] Two Dubai-based financial institutions are set to invest $15 million in Hyderabad-based specialised organic compound manufacturer Jupiter Bioscience. Jupiter is raising the funds for its expansion plans in India and overseas. The funds infusion is in addition to an announcement … […] Kotak Realty Funds is raising $350 million for property joint venture projects in India and to take stakes in developers, who are seeing their funding sources narrow. Chief Investment Officer Hari Krishna, who has already invested a $100 million fund … […] The BTS India Private Equity fund, a Switzerland-India based PE fund, with a corpus of US$ 80 million dedicated for investment in medium sized enterprises today announced it has completed its first tranch of investment of Rs. 200 million (approximately … […] Fund manager Trikona Capital is raising a $400mn fund to invest in India’s housing boom, but a company executive said fast-climbing land prices meant money-spinning deals would be tough to find. Funds raised through the private equity route outpaced those raised through public issues during January-March 2007. Fewer issues getting the go-ahead from market regulator Sebi and volatility on the bourses are said to be the main reasons for the trend. … […] As expected, the RBI has further liberalised the regime for overseas investments by India Inc in its latest credit policy: corporates are now allowed to make FDIs up to 300% of their net worth; limits for overseas portfolio investments … […] |