India Inc partners PE funds for acquisitions

At a time when merger and acquisition (M&A) activity is still recovering, companies are finding solace in private equity (PE) funds for acquisitions. And, PE funds seem keen to participate in such......

Terror strikes may dent business confidence

The terror strike on Mumbai will increase the risk perceptions of doing business in India and may further dent business confidence, which has taken a beating with the global financial crisis and......

GMR pays $1.1 bn for 50% in Dutch power firm

In the largest acquisition of a global energy utility by an Indian company, GMR Infrastructure has bought 50 per cent in the Netherlands-based power generation company, InterGen NV for $1.1 billion......