Canada’s Fairfax Financial wins auction for Thomas Cook India

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...

PE industry to see moderate growth during 2012

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

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...