Kolkata-based Balrampur Chini Mills has said in a statement to the Bombay Stock Exchange that its promoters have not signed any deal to sell their stake to Bajaj Hindusthan Ltd. "The promoters of Balrampur Chini Mills Ltd. have not entered into any...
Shell Foundation, a UK-based organisation funded by petroleum major Shell, has made a further investment in rural electrification company Husk Power Systems (HPS). The funds will be used by Husk to further scale up its operations, which involves a...
There have been ongoing discussions over past many years on the need for operating experience amongst venture capitalists. Predictably, even in India, the advent of “new breed of VCs with operating and entrepreneurial experience” has been well...
Silicon Valley-based venture capital firm Greylock Partners has announced the closing of a $575-million fund. Greylock XIII will invest in enterprise and consumer software, services and infrastructure ventures. The firm has also appointed LinkedIn...
The Blackstone Group on Friday launched its onshore private equity fund management company in China.
The New York-based p.e. giant plans to raise 5 billion yuan (US$731 million) from Chinese investors for the fund, a joint-venture with the government...