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Bharti suggested to sell tower asset in Africa to Infratel

May 20, 2013 | Africa, India, News, South & Central Asia

Business Standard 17 May 2013 Investment bankers have suggested that Bharti Airtel’s top management hive off the company’s African telecom tower assets into a separate company and then sell it to its listed subsidiary, Bharti Infratel, at a valuation of $2...

Morgan Stanley to sell India wealth management unit to StanChart

May 20, 2013 | India, News, South & Central Asia

Business Standard 20 May 2013 (Reuters) Morgan Stanley said on Monday it has signed an agreement to sell its Indian wealth management unit to Standard Chartered. Financial terms of the deal were not disclosed. “Morgan Stanley will work closely with Standard...
Private equity looks to pounce on cut-price India infrastructure

Private equity looks to pounce on cut-price India infrastructure

May 16, 2013 | India, News, South & Central Asia

MUMBAI, May 16 (Reuters) – Private equity investment in Indian infrastructure is poised to pick up following a lengthy dry patch as debt-stressed operators of toll roads and other projects come under pressure from banks to offload assets to strengthen balance...
Goldman Sachs invests $20mln in Indian medical device maker

Goldman Sachs invests $20mln in Indian medical device maker

May 13, 2013 | India, News, South & Central Asia

HONG KONG, May 13 May 13 (Reuters) – Goldman Sachs is investing $20 million in Indian medical device maker BPL Medical Technologies, a unit of BPL Ltd, the bank’s second investment in India this month. BPL Medical distributes products such as...

SEBI approves Kerala’s Start-up Village Angel Fund of $10 million

May 8, 2013 | India, News, South & Central Asia

Economic Times 7 May 2013 KOCHI: In a major boost to the country’s first telecom incubator ‘Startup Village’, market regulator SEBI has approved the Startup Village angel fund of $10 million that could go up to $20 million with a ‘Green...

India’s startups lacking guardian ‘angels’

May 8, 2013 | India, News, South & Central Asia

Economic Times 8 May 2013 MUMBAI: It is seen as a land of entrepreneurs, economic growth and huge business potential, but India appears to be failing its promising startup companies which are struggling to find investors. While there is no lack of ideas among the...
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