According to Venture Intelligence, a research service focused on private equity (PE) and venture capital activity, the first nine months of 2006 have witnessed eight buyouts by PE investors, compared with six in the entire 2005 and just two in 2004.
The centre of gravity of the technology world is moving to India. This is arguably the biggest certificate ever issued on India's technology strength, given that it comes from Don Rippert, Chief Technology Officer of the $17 billion Accenture.
In the US someone with a promising technology idea can easily get access to financial backing, and this is precisely what has been missing in India's innovation landscape.
Infosys directors - N R Narayana Murthy, Nandan Nilekani, T V Mohandas Pai (head of HR) and five others - have collectively offered 1.3 crores
Ever since Finance Minister P Chidambaram unleashed overseas investments in Indian real estate sector, there has been close to 150 private equity funds who have lined up with chests to invest in this sector.