Siberia Air May Be for Sale

May 24, 2012 | News

Moscow Times 24 May 2012 The husband and wife owners of Siberia Airlines have put their stake in the company up for sale, a source in the airline industry told Interfax. He said Vladislav and Natalya Filev mandated financial institutions to sell their shares....

Canada’s Fairfax Financial wins auction for Thomas Cook India

May 23, 2012 | India, News

FinanceAsia 23 May 2012 British travel company Thomas Cook accepts $150 million bid from Fairfax Financial for its Indian business. Thomas Cook agreed yesterday morning to sell its entire 77% stake in its Indian unit to Fairbridge Capital, a subsidiary of Canada’s...

Finam Global to offer growth capital in TMT companies worldwide

May 23, 2012 | News

East-West Digital News 22 May 2012 Finam, one of Russia’s most well established financial groups, has launched Finam Global, an international fund that groups its existing investment units operating in the technolgy, media and telecommunication (TMT) sector. Among the...

PE industry to see moderate growth during 2012

May 22, 2012 | India, News

IndiaPE.Com 21 May 2012 Private equity and venture capital investors expect tempered growth of 10-25 percent in the PE industry during this calender year largely due to challenges in exiting investments and regulatory uncertainty. According to the latest findings of...

Birlas to buy 27.5% stake in Living Media

May 22, 2012 | India, News

IndiaPE.com 21 May 2012 The big boys of India Inc are foraying into the media business . After RIL chief Ambani invested in Network 18 group , the billionaire chairman of the Aditya Birla Group, Kumar Mangalam Birla, is buying a 27.5% stake in Living Media Group, the...