Apr 24, 2013 | India, News, South & Central Asia
Times of India 23 April 2013 (Mumbai/Bangalore) Private equity biggie Blackstone has held preliminary talks with Jet Airways to buy a stake in the carrier’s frequent flier unit, JetPrivilege, said multiple people briefed on the matter. Senior Jet executives met...
Apr 24, 2013 | India, News, South & Central Asia
TechCircle 24 April 2013 Mumbai-based Seclore Technology Pvt Ltd, which provides information security products to enterprises, has raised $6 million (Rs 32.5 crore) in its series A funding from Helion Venture Partners and Ventureast Proactive Fund, a top executive of...
Apr 24, 2013 | India, News, South & Central Asia
Business Standard 24 April 2013 (Chennai) The proposed fund-raising, through ECB route will help the firms expand their base International Finance Corporation has decided to, in stages, invest around $10 million (Rs 54 crore) in each of two micro finance companies,...
Apr 24, 2013 | Africa, India, News, South & Central Asia
Business Standard Bharti Airtel, this country’s largest mobile telecom carrier by subscriber base, on Tuesday said it had signed an agreement to buy Warid Telecom Uganda. This is expected to help raise its customer base in that country by about 60 per cent. With the...
Apr 24, 2013 | India, News, South & Central Asia
Business Standard 23 April (Mumbai) Today, Padmanabh Sinha, or Paddy Sinha as he is often called in the private equity industry, is a relaxed man. After taking charge of the PE arm of the $80-billion Tata Group, Paddy has added another feather in his cap — he has...
Apr 16, 2013 | India, News, South & Central Asia
MUMBAI, April 15 (Reuters) – U.S. private equity firm Warburg Pincus LLC has bought a minority stake in Indian engineering equipment maker Avtec Ltd, but the terms of the transaction were not disclosed. The investment will provide an exit to British investor...
