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LARSEN & TOUBRO LIMITED (L&T) Chairman and Managing Director AM Naik on Thursday said the company is seriously thinking of selling its entire stake in the Bangalore International Airport, in which it is a minority partner. The engineering and construction major has 17 per cent in the Bangalore airport, which was built at a cost of Rs 24.7 billion (US$537 million). […] IndiaCo Ventures Ltd., (IVL), the country’s only listed financial services and venture capitalist firm, said it would launch a $250 million international private equity fund next year. The proposed fund will include an India-centric fund worth Rs 500 crore and will focus on sectors such as clean energy, telecom and healthcare. “We intend to launch this fund by first quarter of next year. Both the domestic and international fund will come in two tranches over a period of time. We are currently talking to Indian investors and hedge fund institutions to raise the capital,” Dhananjay Bendre, Executive Director & COO, IVL told Express. […] |