Tata’s PE arm eyes buyout deals worth about $300 mn

Apr 24, 2013 | News

Business Standard 23 April (Mumbai) Today, Padmanabh Sinha, or Paddy Sinha as he is often called in the private equity industry, is a relaxed man. After taking charge of the PE arm of the $80-billion Tata Group, Paddy has added another feather in his cap — he has...

Russian crowdfunding longs for legislation and trust

Apr 19, 2013 | Central & Eastern Europe, News

Around 58 percent of Americans with annual incomes of $25,000 or more are prepared to invest in early-stage startups, according to a U.S. crowdfunding industry study by EarlyIQ, Crowdfund Professional Association, and Crowdfund Capital Advisors. They are prepared to...

In Russia’s Far East, Yakutia announces its own hi-tech park

Apr 17, 2013 | Central & Eastern Europe, News

Russia’s Far Eastern region of Yakutia (Sakha) is planning to open its own hi-tech park by 2015, the Russian news agency Interfax reported earlier this week, citing a statement by Anatoly Semenov, the CEO of Yakutia, a techno-park already in operation in the area....

LinkedIn buys Pulse for $90M, moves deeper into content creation

Apr 13, 2013 | News

Apple Insider 11 April 2013 In a tweet and subsequent blog post, LinkedIn announced on Thursday that it has acquired popular news aggregation and reader Pulse, with the buy signaling in no uncertain terms that the business networking giant is moving toward online...

KKR to shell out $650 million to buy Alliance Tire

Apr 8, 2013 | News

Economic Times 8 April 2013 NEW DELHI: American private equity company KohlbergKravis Roberts (KKR) will purchase a 90 per cent stake in specialised tyre maker Alliance Tire Group from rival PE fund WarburgPincus and owner Yogesh Kumar Mahansaria for an enterprise...

Lebedev sells Red Wings for one rouble

Apr 7, 2013 | Central & Eastern Europe, News

The Times 5 April 2013 Alexander Lebedev sold his Red Wings airline yesterday for one rouble (2p) after a fatal crash last year led to the grounding of his fleet. The Russian billionaire — who owns The Independent and Evening Standard newspapers — said on his personal...