Bennett Coleman & Co Ltd (BCCL) has acquired a stake close to 17% in Bangalore-based Leisure & Lifestyle Information Services (LLIS), constituting both equity and convertibles. […]
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Bennett Coleman & Co Ltd (BCCL) has acquired a stake close to 17% in Bangalore-based Leisure & Lifestyle Information Services (LLIS), constituting both equity and convertibles. […] The Securities and Exchange Board of India (SEBI) will respond to applications for registration of venture capital funds (VCFs) or foreign venture capital investors (FVCI) within 21 days, the market regulator said in directions issued to investors. SEBI said applications … […] BTS has picked up a 17-20 pct stake in Indian auto component manufacturer Reliable Autotech Private Ltd for 200 mln rupees, marking its first investment in India, reported the Economic Times. The report cited BTS Investment Advisors partner K Srinivas … […] Though international institutional real estate investors have made a beeline to invest in domestic realty, the actual fund flow remains just 10-15% of commitments so far. J P Morgan, Sun Apollo, Citigroup, Blackstone, Starwood and Trikona Capital are among the … […] Global private equity funds are set to drive on Indian roads. At least half a dozen PE firms, including Goldman Sachs, Lehman Brothers, Citigroup and few Gulf-based funds are keen on making a foray into the domestic road sector. Experts say funds worth $1-1.5 billion may be invested in the next 6-8 months. This would be the first time PE investments of such magnitude would flow into the sector. […] Market regulator Securities and Exchange Board of India (SEBI) yesterday issued general directions for investors that it will respond to applications for registration of venture capital funds (VCFs) or foreign venture capital investors (FVCI) within 21 days. Advising investors on … […] The Bombay Stock Exchange (BSE) is selling another 41 per cent stake to 20 investors, including domestic and foreign financial institutions, for about $ 384 million, becoming the biggest private placement of equity ever to be held in the country. […] With the RBI allowing individuals to invest up to $50,000 in overseas investments per financial year, a new avenue to send your money to work abroad has opened up. […] Life Insurance Corporation (LIC) may get the government’s nod to acquire UTI Bank. The acquisition will give the country’s largest insurance company an entry into the banking sector. At present, LIC holds 10.38% stake in UTI bank. LIC may get … […] With the government withdrawing the blanket pass-through taxation status of private equity(PE) funds based in the country, domestic funds appear to be rejigging their portfolios smartly. ICICI Venture made a partial exit from seven listed companies in its portfolio in … […] |