US private equity firm Blackstone lifts stake in MCX

US-based private equity group Blackstone bought a further 2.79% stake in Mumbai, India-based commodity bourse Multi Commodity Exchange (MCX) from foreign fund house Merrill Lynch, bringing its total holding to 4.99%.

Read Full Article

Unilazer invests in Indian e-commerce firm EkStop, picks up 25% stake

Unilazer Ventures invested an undisclosed amount in Mumbai, India-based grocery e-tailer and has taken a 25% stake in the firm as part of the investment which will be used for the company's expansion.

Read Full Article

Lanco Infratech nears deal for INR7,500 crore corporate debt restructuring

Lanco Infratech on Friday reportedly met with a consortium of over 25 lenders to discuss details on its proposed INR7,500 crore corporate debt restructuring deal. The said deal will also give the cash-strapped company access to a new credit of INR3,500 crore.

Read Full Article

Traffline bags investment from Matrix Partners India

Mumbai-based startup Birds Eye Systems raised an undisclosed sum in a Series A round from Matrix Partners India for the expansion of its traffic monitoring brand Traffline.

Read Full Article

State Bank of India to raise USD1.5 billion after its quarterly profit plunged

After posting its steepest quarterly profit decline in over two years, government-owned State Bank of India announced that it will raise INR95.76 billion via a share sale to investors or follow-on public offer.

Read Full Article

Vaultize opens new office in Mumbai

Vaultize's expansion into the Mumbai area is a step towards achieving its regional and domestic plans.

Read Full Article

Yes Bank on the lookout for US$250 million refinancing

Yes Bank Ltd announced that they are in the market to secure a US$250 million refinancing deal for the company's loans.

Read Full Article

Third highest paid actor Hugh Jackman is 'The Wolverine'

Forbes' third highest paid actor for 2013, Hugh Jackman, earned his US$55 million primarily from the movie 'The Wolverine'.

Read Full Article
1 2

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics