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Tech Mahindra hunting for investments in Silicon Valley

India Infoline News Service / 20:38, May 28, 2015

The start up trend which is the flour of the industry currently has been joined by Tech Mahindra which is the reason why India’s 5th largest IT company plans to scout for investments in the financial technology hub for entrepreneurs, the report said.

Stock Market News

Crompton Greaves Q4 cons net loss at Rs. 198.5 cr; Operating Margin at 3.9%

India Infoline News Service / 18:28, May 28, 2015

Total Income has decreased from Rs. 38900.80 million for the quarter ended March 31, 2014 to Rs. 38269.60 million for the quarter ended March 31, 2015.

Economy News

Moody's: Despite wave of infrastructure capital, investment opportunities remain scarce

India Infoline News Service / 17:01, May 28, 2015

The large and growing requirement for infrastructure investment is high on the agenda of policy makers across the globe, and there are a number of international initiatives currently underway with the aim of bringing forward infrastructure projects, which could present appealing investment opportunities for the private sector.

Business News

Reliance Entertainment appoints Amit Khanduja as CEO, Reliance Games

India Infoline News Service / 17:41, May 28, 2015

Amit has more than 20 years of experience in the Mobile and Digital media with specific focus on consumer marketing, product development, developer evangelism and digital monetization.

Corporate News

Everstone hires Bhavna Thakur as Head of Capital Markets and Exits

India Infoline News Service / 14:19, May 28, 2015

Bhavna has over 17 years of corporate finance, investment banking, M&A, and capital markets experience. Previously, Bhavna has worked with Citigroup, Morgan Stanley, Wharton & Garrison LLP, and Davis Polk and Wardwell LLP.

IPO News

Tata Sky plans to raise up to Rs. 1,800 crore

India Infoline News Service / 08:10, May 27, 2015

The group is in talks with the private equity firms to raise the capital. The company will use the money for its technology upgradation and expansion, says report.

MF News

Prime money market funds in US hold 23.32 in their portfolios: ICI

India Infoline News Service / 13:24, May 19, 2015

Prime money market funds’ holdings attributable to the Americas declined from 50.37 percent in March to 41.57 percent in April

Global News

SGX welcomes Regal International Group to Mainboard

India Infoline News Service / 16:03, Nov 19, 2014

The listing follows the acquisition by Hisaka Holdings of the entire issued and paid-up share capital of Regal International for a consideration of S$127.3 million

M & A News

Max Healthcare to acquire 76% stake in Pushpanjali Crosslay Hospital

India Infoline News Service / 13:29, May 28, 2015

Max India Ltd has announced that Max Healthcare Institute Limited, an equal joint-venture between the Company and Life Healthcare, South Africa. (MHC) with both shareholders holding 46% stake each in MHC, has executed definitive agreements on May 28, 2015.

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