Private equity set to reshape venture capital industry
Published Sunday, April 08, 2007 by Money Man Mike.
But venture investors have been overshadowed by ever-ballooning private equity firms and believe it's inevitable that some of the capital sloshing around the buyout world will find its way to them. The figure is roughly three times the $129.6 billion that private equity firms shelled out last year to buy 721 companies.
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ICICI Bank likely to invest heavily on tech and staff
Published by Money Man Mike.
India's second largest lender ICICI Bank is poised to make significant investments on technology and manpower in the next five years to serve four major booming businesses -- corporate, SMEs, wealth management and rural and agriculture.
Tagged: invest
Sensex dips 114 points as techs come under pressure
Published Saturday, April 07, 2007 by Money Man Mike.
PNB continued to lost ground and ended nearly 2.5 per cent lower.
ABB, which gained more than 10 per cent in the last 2 trading sessions, slipped and was the worst performer among index stocks - closing more than 2.5 per cent lower.
Among metals, SAIL lost well over 2 per cent and Hindalco closed nearly 2 per cent lower.
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LIC to invest Rs 95,000 crore in Govt. debt
Published Wednesday, October 18, 2006 by Money Man Mike.
Mumbai, October 4, 2006 - Life Insurance Corporation of India (LIC) will invest Rs 47,500 crore in government debt in the fiscal year through March 31, chairman T S Vijayan said in Mumbai.
The state-owned insurer has bought debt securities worth Rs 17,670 crore so far this fiscal year, he said in Mumbai on Tuesday.
Tagged: invest
Infinity Venture Capital Eyes Up To $150 Million For New Fund
Published Monday, September 18, 2006 by Money Man Mike.
Amir Gal-Or, managing partner at Infinity, said the firm had last week put together its private-placement memorandum for Infinity III, its sixth fund. He said he expects the fund to close in 12 to 18 months. The remaining of the fund is invested in information technology, with a heavy concentration on the software and semiconductor arenas.
Tagged: invest
Foreign investments now over 80% of net inflows
Published Friday, September 08, 2006 by Money Man Mike.
More than 80% of net capital inflows into India in FY06 were foreign investments, compared to 46% in FY05. The increase was primarily because of portfolio investments, which accounted for half of the net capital flows into the country in FY06, compared to 30% the previous year.
Tagged: investment
Bond yields plummet ahead of monetary review
Published Wednesday, September 06, 2006 by Money Man Mike.
The Mumbai inter-bank forward offered rate (MIFOR) for six months closed at 6.56% as against 6.74% on Thursday, and the Mumbai rupee overnight offered rate (MITOR) based on the cash-spot dollar rupee premium was 5.72%, compared to Thursday?s closing levels of 5.91%.
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Union Bank lures investors with 8% interest on deposits
Published by Money Man Mike.
New Delhi: Like peers in the banking sector, Union Bank of India on Friday launched a new deposit scheme to attract small investors by giving 8 per cent interest and 8.5 per cent to senior citizens.
Dhingra said the funds will be utilised to give more loans to customers as credit growth is robust.
Tagged: investment
Brokers no more a safe bet to investors
Published Saturday, September 02, 2006 by Money Man Mike.
According to the India Investor Experience Survey - an e-mail survey of nearly 7,000 individuals conducted by Starcom Worldwide - a part of the Starcom MediaVest Group, a little more than a third of all people who invest in the stock market believe that they?ve been taken for a ride by their broker.
Tagged: invest
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Last posts
- Private equity set to reshape venture capital industry
- ICICI Bank likely to invest heavily on tech and staff
- Sensex dips 114 points as techs come under pressure
- LIC to invest Rs 95,000 crore in Govt. debt
- Infinity Venture Capital Eyes Up To $150 Million For New Fund
- Foreign investments now over 80% of net inflows
- Bond yields plummet ahead of monetary review
- Union Bank lures investors with 8% interest on deposits
- Brokers no more a safe bet to investors
- RBI allows PDs to invest and trade in equity