Now, Mukesh Ambani picks up stake in Epic TV

Billionaire industrialist Mukesh Ambani has turned a venture capitalist and is backing a new television channel Epic TV due to go on air next month. Epic TV is a niche high-definition channel,......

Sony set to buy ETV's channels

In what will be the largest media deal in India, Multi-Screen Media (MSM), which runs Sony Television in India, is set to buy Ramoji Rao-owned Eenadu TV's (ETV's) bouquet of 11 regional......

Blackstone scales down investment in Ushodaya

Global private equity player Blackstone Group has reworked its investment proposal and will now invest less than Rs 600 crore (Rs 6 billion) in Ushodaya Enterprises, the company that owns leading......

PE funds help make India Inc transparent

The Mumbai-based Arch Pharma has raised $27 million from private equity funding in the last four years and its managing director Ajit Kamath just can't stop explaining the changes PE investors have......