Telenor to auction India telecom business, Unitech opposes

IBN Live 1 August 2012 New Delhi: Intensifying row with its minority stakeholder, Norway’s Telenor-controlled Indian venture Uninor on Wednesday put on auction its entire telecom business for a minimum of Rs 4,000 crore, a move opposed strongly by Unitech. The...

Carlyle buys 10% stake in Infotech

IndiaPE.com Private equity giant Carlyle Group has acquired about 10% stake in Infotech Enterprises in a booster deal for India’s mid-tier IT services story. Carlyle picked up shares through stock exchange transactions on Wednesday, joining another private equity...

Maxis in talks to sell India unit to Sistema

IndiaPE.com 21 July 2012 Malaysia’s Maxis Communications Bhd. has held preliminary discussions with bankers representing Sistema JSFC about the sale of its Indian unit Aircel Ltd. to the Russian firm, the Economic Times reported Wednesday, citing an executive close to...

Kaizen Management invests Rs 20 cr in a pre-school company

Business Standard 14 June 2012 Kaizen Management Advisors Private Limited, an education focused Private Equity fund has invested Rs 20 crore in Your Kids ‘R’ Our Kids (India) Private Limited (YKROK). YKROK is a pre-school providing child care services also. It has...