Posted 5 days ago

The economic slowdown seems to have started having an impact on India's web 2.0 startups. Bangalore-based online photo printing company Picsquare is believed to be in advanced stages of talks to sel

Posted 5 days ago

UBS AG said on Monday it had formed a 50/50 joint venture with closely-held private equity firm MerchantBridge to make private equity investments focused on the Middle East region. The two firms said

Posted 5 days ago

The current economic crisis will spawn a lot of distressed investing opportunities and IARC has raised money at the right time. International Asset Reconstruction Company Private Limited (IARC) has ra

Posted 5 days ago

Vikram Akula, the founder of India's largest microfinance institution SKS Microfinance, has decided to step down from the position of Chief Executive Officer (CEO). He will continue to be the full-tim

Posted 5 days ago

Kingfisher Airlines is now in discussions with international airline companies to divest 25% stake to raise funds. Virgin Airlines, Singapore Airlines and British Airways are said to be the key conten

Posted 5 days ago

The IPO market is down in the dumps. While many companies who have got a nod to float an IPO from market regulator Sebi have been forced to allow their approvals to lapse, several others are shelvin

Posted 5 days ago

Top Deustsche Bank executive Anshu Jain has bought a 15% stake in Mukesh Ambani's Indian Premier League franchise Mumbai Indians. Jain, the head of global markets at Deutsche Bank, has picked up the s

Posted 1 week ago

VCC Investment Forum in Hyderabad successfully concluded on Thursday, November 13, 2008. The event - themed Investing In A Perfect Storm - saw the confluence of about 300 attendees and about 20 speak

Posted 1 week ago

Global hedge fund Apis Capital had a busy day at the Indian stock markets on Friday. The fund has picked up stake in as many as 7 companies for a total sum of more than Rs 63 crore. The stake picked u

Posted 1 week ago

M&As Kapoors May Not Buy Star Stake In Balaji: The Kapoor family of Balaji Telefilms is not likely to buy the 26% stake held by the Star group in the company after the sharp erosion in the share price