VARINDIA
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JustDial Raises $10M From Sequoia & SAP Ventures
Mumbai-based JustDial, which runs an India-specific local business listings site, has raised $10 million from Sequoia Capital Global Equities and…
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VARINDIA
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ABN AMRO Seeks India Bank Licence
ABN AMRO plans to re-enter India to revive its financing business. Dutch state-owned bank ABN AMRO has applied to the Reserve Bank of India for a…
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Asian Hedge Funds Hit Hard In May
Asian hedge funds may have lost up to two-thirds of their year-to-date gains in May alone, with strategies such as macro and CTA, which bet on lo…
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Aricent sells 17.63 Acre Gurgaon Land for Rs 206Cr
Aricent group, a telecommunications research and development firm, has sold a prime plot of land in Gurgaon to local real estate firm, Ambience D…
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Kavveri Telecom Raising Funds for New Acquisition; To Sell Stake
The company's board has okayed the fundraising by selling stake to institutional investors in India or abroad. Bahrain's TAIB Bank-backed Kavveri…
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Komli Media acquires Singapore-based Aktiv Digital
Digital advertising network Komli Media has acquired Singapore-based Aktiv Digital, making it Komli Media's third acquisition within a span of on…
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Rajasthan Ventures Acquires 30% Stake in Shree Eduserve
Jaipur-based Rajasthan Ventures Capital Fund (RVCF) has acquired 30 per cent stake in its first round of funding in Shree Eduserve Pvt Ltd, an ea…
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2i Capital, Others put their Stake in QAI India up for Sale
Financial investors will need to write off at least a part of the value of the investment or exit at a loss. 2i Capital and other financial inves…
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Persistent Systems to acquire French Unit of Agilent Technologies
The IT firm has recently acquired Nagpur-based Infospectrum India for an undisclosed amount. Pune-based Persistent Systems Ltd. has signed an agr…
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Rajasthan Venture Capital acquires 32% Stake in E-tendering Firm
Rajasthan Ventures Capital Fund (RVCF) has acquired 32-per cent stake in its first round of funding in Mumbai-based NexTenders (India) Pvt. Ltd.…
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National Instruments acquires Phase Matrix
National Instruments has announced its acquisition of Phase Matrix, Inc. (PMI). The acquisition brings key RF talent, technologies and manufactur…
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MCD to Bring 71 Services Online by July 2011
The Municipal Corporation of Delhi (MCD) will post its parking details online under the e-governance scheme, so people can view parking lots at t…
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World Bank Approves $ 150 Million Loan for NeGP
India has inked a loan agreement with World Bank for 150 million dollars for the 'e-Delivery of Public Services Development Policy Loan' under th…
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