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Private Equity | 11 April 2012

Carlyle, Sequoia May Invest In JSM Corp

by Irfan Khan
 
@irfan
@Carlyle_Group1 and Sequoia Capital are planning to invest $40-50 Mn in JSM Corp for minority stake in the company.

Premji Invest and New Silk Route are also in talks to invest in the company. The company plans to establish 80-100 outlets of California Pizza Kitchen in the next five-six years, besides expansion of its other brands including Pitstop.

Reliance Industries To Buy Stake In Kingfisher Airlines

Reliance Industries is planning to acquire stake in debt-ridden Kingfisher Airlines Limited.

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China's Hareon Solar Partners Nereus Capital For India Foray

Chinese solar panel maker Hareon Solar Technology Company is partnering US-based, India-focused private equity firm Nereus Capital for foraying into the Indian sub continent as the former seeks to set up 150 MW of solar power plants in India in the next two years.

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