Blue-chip names such as Bessemer Venture Partners, Google, JP Morgan Asset Management are taking strategic bets in the Indian market.
Even as venture capitalists and private equity players are combing the Indian landscape for deals, here comes competition from least expected of sources.
Standard Chartered and IL&FS Investment Managers are close to signing an agreement to raise a $1 billion India-focused infrastructure private equity fund.
Bangalore-based company aims to raise around Rs 300 crore
India's infrastructure sectors, for long shunned by investors due to long gestation periods and hazy policies, have finally become attractive.
Scott McNealy, who is leading Sun Microsystems' two-pronged battle against Microsoft on the operating systems front and IBM on the infrastructure segment, is not a man to give up.
While AOL Chief Operating Officer Ron Grant is himself coming down to Bangalore to officially kick off the Indian face on Thursday, Yahoo!'s soft-spoken co-founder David Filo is set to announce a series of India-specific products tomorrow.
Kris is gentle but firm, consultative yet decisive, and thoughtful yet action-oriented
Garnett & Helfrich, a US-based specialist venture buyout firm, has reversed its decision to set up a dedicated office in India.
The company, owned by the UB Group, had been relying on internal group reserves and debt to manage its operations over the past two years and this infusion is expected to fuel its sustained growth.
GE Commercial Finance, which has an asset base of more than $230 billion globally, is planning to increase its exposure in the Indian market.
America Online (AOL), the largest Internet service provider in the US, is set to launch its India portal over the next couple of months.
Wachovia, one of the largest banks in the US, with an asset base of more than $700 billion, is set to diversify in India.
In a scenario where the stock markets are being ravaged across the world, the MindTree stock which debuted on BSE on Wednesday listed at a premium of more than 40 per cent while the other stocks which opened for listing traded below the listing price
Avesthagen's promoters also refute violation of non-compete clause.
Oak Hill Capital Partners, a US-based private equity firm, is understood to be working towards merging its two BPO portfolio companies, Genpact and Vertex Data Systems.
Citigroup Venture Capital (CVC) is in talks to acquire 10-15 per cent stake in AnandRathi Securities, the Mumbai-based securities and wealth management firm, for nearly Rs 70 crore ($15 million).
MphasiS, which recently came under the EDS fold, will be executing $250 million worth of application development and maintenance work for Vodafone over five years.
An unprecedented 740 Indian companies from industries as diverse as casting to agro-chemicals to coffee bars to regulars such as software and banking were involved in mergers and acquisitions and private equity deals worth $26.7 billion.
United Spirits, liquor baron Vijay Mallya's Rs 3,600 crore (Rs 36 billion) firm, is set to launch feni, the famous Goan spirit, in the branded retail market by the next quarter.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances