022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

Banner
DataBoard Demo
Mergers & Acquisitions | 11 April 2012

Reliance Industries To Buy Stake In Kingfisher Airlines

by Charmi Gutka
Reliance Industries To Buy Stake In Kingfisher Airlines
Share on Social Media Email Facebook Twitter Linkedin
 
@Charmi
Reliance Industries is planning to acquire stake in debt-ridden Kingfisher Airlines Limited.

If the deal goes through Reliance would also get Mangalore Chemicals and Fertilizers Ltd, in which the UB group has a 30.44%.

Mangalore Chemicals is a fertilizer manufacturing company. It manufactures wide range of products that includes Urea, Di-Ammonium Phosphate, Muriate of Potash, Granulated Fertilizers, Micronutrients, Soil Conditioners and Specialty Fertilizers.

Rakesh Jhunjhunwala Acquires Additional Stake In Viceroy Hotels

Rakesh Jhunjhunwala Acquires Additional Stake In Viceroy Hotels

Rakesh Jhunjhunwala has acquired additional 3.43% stake in Viceroy Hotels through open market transaction.

Read More...

Druva raises $51m from Sequoia, EDBI and others

Druva raises $51m from Sequoia, EDBI and others

Sunnyvale, California-based Druva Inc., a cloud-first data protection solution provider, announced receiving $51 million in funding. This round of funding was led by existing investor Sequoia India, along with participation of new investors such as Blue Cloud Ventures, Hercules Capital, and Singapore-based EDBI. Existing investors like Japan’s NTT Finance (financial arm of Japanese telecommunications company Nippon Telegraph and Telephone Corporation), Nexus Venture Partners and Tenaya Capital also contributed to this round.

Read More...
Subscribe
Enter your Email address
to receive all the news