This is the third investment by News Corp in India.
In its first acquisition in India, the American online retail giant is planning to buy out the fashion portal
Indian real estate saw 14 such private equity (PE) exits, worth $457 million (around Rs 2,285 crore) in 2011. Of these, promoters bought out existing PEs or other financial sponsors in eight deals, according VCCEdge, the research platform of VCCircle.
Bangalore-based Reva Electric Car Company, one of the world's most recognised electric car manufacturing companies, may see a change of ownership, with its current promoters holding talks with an international automotive investor for a sell-out.
India emerged as one of private equity investors' favourite investment destinations in April, with the volume of transactions rising three-fold to $840 million in comparison to the same month last year, according to a study.
Witnessing a strong growth, private equity investment in India rose to $2.3 billion in the April-June quarter, taking the total PE inflows so far this year to $4.29 billion, says a report.
Driven by Reliance Infratel's $10.86 billion merger deal with GTL Infrastructure, the total value of merger and acquisition deals in the country jumped nine-fold to $24.8 billion in the second quarter of 2010.
Corporate India's merger and acquisition deal activity stood at $1.74 billion in April taking the total M&A kitty so far this year to $21 billion.
Corporate India's merger and acquisition deal activity in February stood at $2.3 billion taking the total M&A kitty so far this year to over $5 billion.
Last year, the top 10 investors in the country had put their money in 209 deals, according to the data compiled by VCCEdge based on deals disclosed. This year they put money in only 60 deals.
PE funds have invested Rs 13,000 cr into the property market in Bengaluru.
Fun and games at start-ups have ended as easy money dries up.
The acquisition of ZipDial however has proven that even a proven business model could be an attraction point.
Deal values have been falling steadily since May this year, when it touched a high of $851 million.
In the first of a four-part series, Claro Energy co-founder Kartik Wahi takes you through his entrepreneurial journey
Morgan Stanley writing down its investment in the e-commerce leader by 27 per cent does not augur well for the sector.
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