VENTURE CAPITAL POST

Worldfloat saw its customer base increase due to unique game.

Last Monday, the Indian government said that it would give preference over locally made electronics goods for procurement in the government and private sector.

India's commerce and industry minister, Anand Sharma, said that India was ready to begin talks regarding bilateral investment treaty.

Sebi announced its verdict on the dairy scheme utilized by HBN Dairies and Allied Ltd.

In order to attract foreign businesses, India removed a 10% levy in its sugar sector.

To increase investments in the research and development sector of India, a government panel created new guidelines.

India’s Road Minister Oscar Fernandes said that unless major lands are handed over, financial institutions that would lend for the construction of expressways in the country could possibly shy away.

The Competition Commission of India (CCI) said that it would approve the proposed Jet-Etihad deal provided that the two carriers supply it with enough information.

India’s government held a meeting today with as many as eight banks as it weighed its options to sell the country’s debt abroad.

Infosys Q1 results were as expected and stocks rose by around 15%.

According to Bain Capital, India's slowing down resulted in lack of investment opportunities.

Investors retracted US$13.9 billion from equity mutual funds invested in Brazil, Russia, India and China.

India's Flipkart raised US$200 million from a clutch of private equity funds.

India’s Flipkart announced last Wednesday that it has raised US$200 million worth of fund from a clutch of private equity firms who were also existing investors in the company.

MTN Group Ltd. stalled its talks with Reliance Communications Ltd. due to India's current revision of rules on mergers and acquisitions.