http://www.dealcurry.com/rss.php Subscribe to DEALCURRY RSS (Really Simple Syndication) feeds to get news delivered directly to your desktop en-us Copyright 2008 DEALCURRY.com. All rights reserved 2012-05-18T03:45:38+01:00 DEALCURRY.com DEALCURRY http://www.dealcurry.com/20120517-Sheth-Creators-Raises-R80Cr-From-IIFL-PE.htm <a href="=http://www.dealcurry.com/20120517-Sheth-Creators-Raises-R80Cr-From-IIFL-PE.htm"></a> IIFL Alternate Asset Advisors Limited has invested in R80Cr in Sheth Creators central Mumbai slum redevelopment project.<br /><br />IIFL Real Estate Fund will invest in a housing society-cum-slum-redevelopment project in Mumbai&rsquo;s Sion Koliwada area that will generate about 1.2 Mn sq. ft of saleable space and will be developed by Sheth Creators. Vivek Singh 2012-05-17T16:37:00+01:00 http://www.dealcurry.com/20120517-Sheth-Creators-Raises-R80Cr-From-IIFL-PE.htm http://www.dealcurry.com/20120517-Supertech-Plans-To-Raise-R3000Cr-For-Real-Estate-Projects.htm <a href="=http://www.dealcurry.com/20120517-Supertech-Plans-To-Raise-R3000Cr-For-Real-Estate-Projects.htm"></a> <div>Real Estate firm Supertech Limited is planning to raise R3000Cr from PE investors.</div><div>The funds raised will be used to foray in Gurgaon market with a 10-acre housing project of 600 apartments to be developed in JV with an investment of R400Cr and the remaining will be used to develop ongoing projects including the 50-acre Capetown in Noida. &nbsp;</div><div><br /></div> Sushil Surana 2012-05-17T16:29:00+01:00 http://www.dealcurry.com/20120517-Supertech-Plans-To-Raise-R3000Cr-For-Real-Estate-Projects.htm http://www.dealcurry.com/20120517-Bajaj-Group-To-Raise-R1750Cr-For-Expansion.htm <a href="=http://www.dealcurry.com/20120517-Bajaj-Group-To-Raise-R1750Cr-For-Expansion.htm"></a> <div>Bajaj Group is planning to raise R1750Cr for Bajaj Finserv Limited and Bajaj Finance Limited.</div><div>According to BSE filing, Bajaj Finserv Limited will be raising R1000Cr and remaining R750Cr by Bajaj Finance Limited through issue of equity shares or securities convertible/non- convertible into equity shares, qualified institutions placement, private placements, issuance of ADRs, GDRs among others.</div><div><br /></div> Sushil Surana 2012-05-17T15:48:00+01:00 http://www.dealcurry.com/20120517-Bajaj-Group-To-Raise-R1750Cr-For-Expansion.htm http://www.dealcurry.com/20120517-Trivone-Digital-Acquires-Chakpak-com-WheelsUnplugged-com.htm <a href="=http://www.dealcurry.com/20120517-Trivone-Digital-Acquires-Chakpak-com-WheelsUnplugged-com.htm"></a> Trivone Digital Services has acquired Chakpak.com, entertainment portal and wheelsunplugged.com, automobile destination portal. <br /><br />The acquisition of the two portals is a&nbsp; part of Trivone&#39;s strategy to add media properties in specific verticals and increase its presence in the Digital Media landscape in India.<br /><br />Trivone will invest in the Chakpak brand and position it as an entertainment destination for South movies, while Wheelsunplugged.com will focus on being the information portal on the automobile industry. Charmi Gutka 2012-05-17T15:42:00+01:00 http://www.dealcurry.com/20120517-Trivone-Digital-Acquires-Chakpak-com-WheelsUnplugged-com.htm http://www.dealcurry.com/20120517-Prizm-Payments-To-Raise-R500Cr-For-Expansion.htm <a href="=http://www.dealcurry.com/20120517-Prizm-Payments-To-Raise-R500Cr-For-Expansion.htm"></a> <p>Chennai based Prizm Payment Services is planning to raise R500Cr through private equity to fund its expansion plans.<br /><br />The company is planning to set up more ATMs and is hoping to get a contract of around 8,000 ATMs. Last Sept, the company outlayed a R1000Cr capex over three years to expand it&#39;s network of ATMs and POS. </p><p>It raised $8 Mn from Sequoia Capital in 2011 and $7 Mn in 2008.</p> Ahemad Shaikh 2012-05-17T14:02:00+01:00 http://www.dealcurry.com/20120517-Prizm-Payments-To-Raise-R500Cr-For-Expansion.htm http://www.dealcurry.com/20120517-GMR-Infra-Raises-R200Cr-From-ICICI.htm <a href="=http://www.dealcurry.com/20120517-GMR-Infra-Raises-R200Cr-From-ICICI.htm"></a> GMR Infrastructure Limited has raised R200Cr from ICICI Bank Limited through NCDs. The company has allotted 2000 NCD of face value of R10,00,000/- each, aggregating to R200Cr to ICICI Bank.<br /><br />In February, it raised R350Cr from ICICI Bank Ltd through NCD by allotting 3500 secured NCD of face value of R10,00,000/- each, aggregating R350Cr to ICICI Bank. Ahemad Shaikh 2012-05-17T12:54:00+01:00 http://www.dealcurry.com/20120517-GMR-Infra-Raises-R200Cr-From-ICICI.htm http://www.dealcurry.com/20120517-Indowind-Energy-To-Raise-30Mn-ECB.htm <a href="=http://www.dealcurry.com/20120517-Indowind-Energy-To-Raise-30Mn-ECB.htm"></a> <div>Indowind Energy Limited is planning to raise $30Mn through ECB.</div><div>The funds raised will be used to meet the funding gap of $10MN for ongoing 28-megawatt wind farm at Tamil Nadu &amp; Karnataka and the balance $20Mn to pay-off its FCCBs and long term loans.</div><div><br /></div> Sushil Surana 2012-05-17T12:12:00+01:00 http://www.dealcurry.com/20120517-Indowind-Energy-To-Raise-30Mn-ECB.htm http://www.dealcurry.com/20120517-Car-Rental-Firm-Carzonrent-Acquires-QCABS.htm <a href="=http://www.dealcurry.com/20120517-Car-Rental-Firm-Carzonrent-Acquires-QCABS.htm"></a> <p>Car rental company -&nbsp; Carzonrent India Private Limited is acquiring QCABS, an online car rental service aggregator.<br /><br />The acquisition is in line with Carzonrent&#39;s growth strategy to foray into retail space.</p><p>Founded in 2011 by Gaurav Dosi and Reshav Singla, QCABS provides reliable cabs for local usage and outstation needs. Qcabs has aggregated reliable vendors across the city to ensure great service to its customers.</p> Charmi Gutka 2012-05-17T11:37:00+01:00 http://www.dealcurry.com/20120517-Car-Rental-Firm-Carzonrent-Acquires-QCABS.htm http://www.dealcurry.com/20120517-Cox-Kings-Plans-To-Raise-140Mn.htm <a href="=http://www.dealcurry.com/20120517-Cox-Kings-Plans-To-Raise-140Mn.htm"></a> <div>Cox &amp; Kings Limited is planning to raise $140Mn from institutional investors. The fund raised will be used for its subsidiary Prometheon Holdings (UK).</div><div>Cox &amp; Kings will issue shares to the investor for a minority stake in Prometheon Holdings (UK) Ltd.</div><div><br /></div> Sushil Surana 2012-05-17T11:06:00+01:00 http://www.dealcurry.com/20120517-Cox-Kings-Plans-To-Raise-140Mn.htm http://www.dealcurry.com/20120517-CESC-Acquires-Hydel-Projects-From-India-Bulls.htm <a href="=http://www.dealcurry.com/20120517-CESC-Acquires-Hydel-Projects-From-India-Bulls.htm"></a> CESC Limited has acquired two hydro electric power projects from Indiabulls Group for an undisclosed amount.<br /><br />CESC had acquired the entire equity shares of Pachi Hydro Power Projects Limited and Papu Hydro Power Projects Limited, both belonging to the Indiabulls Group, with an aggregate capacity of 146 MW in the state of Arunachal Pradesh.<br /><br />The acquisition will strengthen CESC&#39;s position in the field of hydroelectricity generation. Vivek Singh 2012-05-17T10:13:00+01:00 http://www.dealcurry.com/20120517-CESC-Acquires-Hydel-Projects-From-India-Bulls.htm http://www.dealcurry.com/20120516-Acumen-Fund-Lok-Capital-Invests-In-Hippocampus-Learning.htm <a href="=http://www.dealcurry.com/20120516-Acumen-Fund-Lok-Capital-Invests-In-Hippocampus-Learning.htm"></a> Karnataka based Hippocampus Learning Centres has raised R7cr from Acumen Fund and Lok Capital.<br /><br />With this investment, the company plans to focus on delivering learning outcomes to over 7,000 students through 300 teachers in 100 villages serving in the next two academic years.<br /><br />Recently in February, the company raised seed funding from Unitus Seed Fund. Charmi Gutka 2012-05-16T15:28:00+01:00 http://www.dealcurry.com/20120516-Acumen-Fund-Lok-Capital-Invests-In-Hippocampus-Learning.htm http://www.dealcurry.com/20120516-Ex-CMD-Of-ONGC-R-S-Sharma-Joins-Avendus-As-Director.htm <a href="=http://www.dealcurry.com/20120516-Ex-CMD-Of-ONGC-R-S-Sharma-Joins-Avendus-As-Director.htm"></a> Former CMD of ONGC, R S Sharma has joined Avendus Capital as the Director.<br /><br />R S Sharma is the former Chairman and Managing Director of ONGC. He was also concurrently the Chairman of ONGC Videsh Ltd (OVL), Mangalore Refinery &amp; Petrochemicals Ltd (MRPL) and five other ONGC Group companies during 56 month period May-06 to Jan-11. Charmi Gutka 2012-05-16T13:59:00+01:00 http://www.dealcurry.com/20120516-Ex-CMD-Of-ONGC-R-S-Sharma-Joins-Avendus-As-Director.htm http://www.dealcurry.com/20120516-Rakesh-Jhunjhunwala-Acquires-Additional-Stake-In-Prime-Focus.htm <a href="=http://www.dealcurry.com/20120516-Rakesh-Jhunjhunwala-Acquires-Additional-Stake-In-Prime-Focus.htm"></a> <div>Rakesh Jhunjhunwala has acquired additional stake in Prime Focus Limited through bulk deal on exchange.</div><div>Jhunjhunwala purchased 25.50 lacs Prime Focus shares from Royal Bank Of Scotland on the BSE at R42.05 a share, aggregating to R10.72Cr.</div> Sushil Surana 2012-05-16T13:04:00+01:00 http://www.dealcurry.com/20120516-Rakesh-Jhunjhunwala-Acquires-Additional-Stake-In-Prime-Focus.htm http://www.dealcurry.com/20120516-Tano-Capital-Invests-R9-79Cr-In-Shilpa-Medicare.htm <a href="=http://www.dealcurry.com/20120516-Tano-Capital-Invests-R9-79Cr-In-Shilpa-Medicare.htm"></a> Tano Capital acquired additional stake in Karnataka based Shilpa Medicare Limited for R9.79Cr through bulk deal on exchanges.<br /><br />The fund purchased 2 lakhs shares each on BSE for R244.99 a piece and on NSE for R245 apiece, aggregating to R9.79Cr.<br /><br />Recently in March, the fund acquired 1.5% stake in Shilpa Medicare for R7.87Cr through bulk deal from ICICI Prudential Mutual Fund. Ahemad Shaikh 2012-05-16T12:10:00+01:00 http://www.dealcurry.com/20120516-Tano-Capital-Invests-R9-79Cr-In-Shilpa-Medicare.htm http://www.dealcurry.com/20120516-Piramal-Healthcare-Acquires-Decision-Resources-Group.htm <a href="=http://www.dealcurry.com/20120516-Piramal-Healthcare-Acquires-Decision-Resources-Group.htm"></a> Piramal Healthcare Limited is acquiring US based Decision Resources Group, a health information-management company for $635 Mn.<br /><br />Following the completion of the acquisition, Piramal will operate Decision Resources Group as a stand-alone business. DRG will remain headquartered in Burlington, MA. The company will continue to be led by Hoenigsberg and the existing senior management team. The deal&nbsp; is expected to close by June 30. <br /><br />Decision Resouces Group provides web-enabled research, predictive analytics through proprietary databases and consulting services to the global healthcare industry. Charmi Gutka 2012-05-16T10:56:00+01:00 http://www.dealcurry.com/20120516-Piramal-Healthcare-Acquires-Decision-Resources-Group.htm http://www.dealcurry.com/20120516-Speciality-Restaurant-Raises-R26-41Cr-Anchor-Investment.htm <a href="=http://www.dealcurry.com/20120516-Speciality-Restaurant-Raises-R26-41Cr-Anchor-Investment.htm"></a> <div>Speciality Restaurant Limited has raised R26.41Cr from anchor investors. It has allotted around 17.6 lacs shares to anchor investor at a price of R150 per share. </div><div>The anchor investor includes Morgan Stanley, SBI Magnum Global Fund, Reliance Equity Opportunities Fund and HSBC India Alpha (Mauritius) Limited. Each fund has been allocated 3.5 lacs shares respectively.</div><div>Kotak Mahindra Capital is the book running lead manager to the issue. <br /></div><div><br /></div> Sushil Surana 2012-05-16T10:40:00+01:00 http://www.dealcurry.com/20120516-Speciality-Restaurant-Raises-R26-41Cr-Anchor-Investment.htm http://www.dealcurry.com/20120516-ICICI-Venture-May-Invest-In-Maja-Health-Care.htm <a href="=http://www.dealcurry.com/20120516-ICICI-Venture-May-Invest-In-Maja-Health-Care.htm"></a> ICICI Venture is planning to acquire stake in New Delhi based Maja Health Care, a division of Vi-John Group. <br /><br />Maja Health Care plans to aggressively expand its product portfolio and distribution by 2015, according to <a href="http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/icici-venture-may-pick-stake-in-maja-health-care-the-owner-of-vi-john-brand/articleshow/13159319.cms" target="_blank">ET</a>.<br /><br />Founded by Virender Singh Kochar and Kuljeet Singh Kochar, Maja Health Care manufactures various cosmetics and toiletries. Vivek Singh 2012-05-16T10:13:00+01:00 http://www.dealcurry.com/20120516-ICICI-Venture-May-Invest-In-Maja-Health-Care.htm http://www.dealcurry.com/20120515-Source-Interlink-Media-Acquires-Majority-Stake-In-Carazoo.htm <a href="=http://www.dealcurry.com/20120515-Source-Interlink-Media-Acquires-Majority-Stake-In-Carazoo.htm"></a> US based Source Interlink Media has acquired majority stake in Carazoo, a company that provides e-marketing solutions and softwares for car and motorcycle dealerships in India, and operates the online auto marketplace Carazoo.com.<br /><br />Source Interlink aims to leverage its brands and expertise in the international markets, partnering with Logix. It will focus on development of its in-market auto properties in India, across various integrated media platforms. Ahemad Shaikh 2012-05-15T15:44:00+01:00 http://www.dealcurry.com/20120515-Source-Interlink-Media-Acquires-Majority-Stake-In-Carazoo.htm http://www.dealcurry.com/20120515-Rakesh-Jhunjhunwala-Acquires-Additional-Stake-In-Geometric.htm <a href="=http://www.dealcurry.com/20120515-Rakesh-Jhunjhunwala-Acquires-Additional-Stake-In-Geometric.htm"></a> Rakesh Jhunjhunwala has acquired additional stake in Geometric Limited through bulk deal on exchanges.<br /><br />Jhunjhunwala purchased five lakh Geometric shares on the NSE and 4.96 lakh shares on the BSE at R62.51 a share, aggregating to R6.25Cr.<br /><br />As on March 2011, Rakesh Jhunjhunwala held 6.88% (4310000 shares), while Rekha Jhunjhunwala held 1.58% (990000 shares). Ahemad Shaikh 2012-05-15T13:09:00+01:00 http://www.dealcurry.com/20120515-Rakesh-Jhunjhunwala-Acquires-Additional-Stake-In-Geometric.htm http://www.dealcurry.com/20120515-A-Profitable-Injection-Mould-Design-Mfg-Co-Looking-For-A-Strategic-Investor.htm <a href="=http://www.dealcurry.com/20120515-A-Profitable-Injection-Mould-Design-Mfg-Co-Looking-For-A-Strategic-Investor.htm"></a> A closely held profitable injection mould design and manufacturing company is looking for a strategic investor. The turnover of the company is about R30Cr and has been consistently profitable over the past few years. Clients include leading companies from automotive, engineering products and home appliance segments. Charmi Gutka 2012-05-15T13:06:00+01:00 http://www.dealcurry.com/20120515-A-Profitable-Injection-Mould-Design-Mfg-Co-Looking-For-A-Strategic-Investor.htm