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Nalanda India Fund Sells Stake in Sun TV Network

Nalanda India Fund has sold 77.32 lakh shares of Sun Tv Network Ltd at Rs 370.09 per share to an undisclosed party.

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Technology

Tikona Raises $107.5 Mn By Selling 70% Stake

Tikona Digital Networks has raised $107.5 Mn by selling 70% stake to three PE investors - Goldman Sachs Investment Partners, Indivision India Partners and Oak India Investments . This deal values Tikona at $152 Mn. Tikona intends to use the funds to expands its network coverage to 50 cities.
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BFSI

Almondz Securities To Raise Money From A Foreign Fund

Almondz Global Securities Ltd is planning to raise money through private placement of shares with a foreign fund. Almondz is also issuing 45.1 lakh shares to its group company - Almondz Capital & Management Services and 16.25 lakh warrants to Al Anwar Holdings SAOG at Rs 57.26 per warrant.
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Airlines

Dar Capital To Invest In Valuable Group Companies

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Airlines

UPDATE: Istithmar Exit deflates SpiceJet's Capital Raising Plans

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Latest IPO/Offerings

MCX SX to divest 45% to Nine global entities
12/02/2010 | Kunal Thakkar

MCX SX promoters will divest 45% stake in the stock exchange to nine global entities including a consortium of three global stock exchanges. London Stock Exchange, NYSE-Euronext, General Atlantic Llc [ ... ]


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