Goldman Sachs Plans Private-Equity Comeback in Brazil

Bloomberg 3 September 2012 Goldman Sachs Group Inc., the Wall Street bank that doubled its Brazil headcount in the past two years, is planning a comeback in the nation’s private-equity market and expects returns as high as 35 percent. “We are looking at some sectors...

IDFC Alternatives invests Rs 155 cr in Parag Milk Foods

Business Standard 18 September 2012 In an effort to pick up “substantial minority stake” in Pune-based Parag Milk Foods Private Limited, IDFC Private Equity Fund III, managed and advised by the Private Equity (PE) group of IDFC Alternatives Limited has...

Tech Mahindra buys 51% stake in Comviva

Business Standard 18 September 2012 Tech Mahindra, on Monday announced the acquisition of 51 per cent stake in mobile value-added services (VAS) provider Comviva Technologies, a Bharti Group company, for Rs 260 crore. The acquisition is expected to shore Tech...

MFI IntelleCash buys 60% stake in Arohan

MyDigitalFC 15 September 2012 In what can be seen as the first consolidation move in the Rs 20,000 crore-plus micro finance industry, IntelleCash Microfinance Network Company (P) Limited, an arm of the Intellecap group of companies, has bought 60 per cent stakes in...