Two MFIs to get $10 mn each from IFC

Business Standard 24 April 2013 (Chennai) The proposed fund-raising, through ECB route will help the firms expand their base International Finance Corporation has decided to, in stages, invest around $10 million (Rs 54 crore) in each of two micro finance companies,...
Tata’s PE arm eyes buyout deals worth about $300 mn

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

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...

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

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

KKR to shell out $650 million to buy Alliance Tire

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...