Infrastructure-focussed private equity funds globally witnessed over three-fold surge in the first half of this year, suggesting an improved investor sentiment towards what were the under-performer funds last year, reveals a survey.
The global survey of 450 unlisted PE funds by research firm Preqin has found that during January-June period, 11 Infra funds made aggregate commitments [...]

At a time when global markets such as the US and Europe are still crawling out of economic slowdown, private equity (PE) investments in India are expected to gain momentum and hit the previous peak of 2007.
Venture capital (VC) and PE fund flows in the country are expected to rebound to $17 billion for the [...]

A new name in the sphere of exchanges crops up off and on nowadays. That of 50-year-old Gaurav Arora, MD of the Delhi-based brokerage Jaypee Capital, which runs a large prop book through which it pumps up volumes across currency, equity and commodity futures segments. Some time ago, Mr Arora’s aspirations grew bigger and he [...]

Even as the shadow of the debt crisis in Europe looms over equity markets globally, fund-raising in India continues at a brisk pace. This is prompting many investment banks to beef up their presence in the equity capital market (ECM) space, which deals primarily with raising money for corporates.
Apart from established players like Citi, Morgan [...]

Private equity (PE) firms have offloaded stakes worth $1.46 billion in the Indian companies during the April-June quarter this year, reveals the data by deal tracking research firm VCCEdge.
It says 30 PE firms have divested stakes worth $1.46 billion during April-June this year against 29 PE firms that disinvested $820 million in the same period [...]

Infrastructure Development Finance Co (IDFC) plans to raise up to $750 million through a qualified institutional placement (QIP), a source with direct knowledge said on Thursday.
The lender will firm up a date for the share sale after it receives shareholder approval, expected at an annual shareholder meeting on June 28. Morgan Stanley, IDFC-SSKI and CLSA [...]

Great Offshore Ltd (GOL), today said that its Board has recommended a dividend of Rs 2.50 per equity share for FY 10.
The decision was taken at the company’s Board meeting held yesterday, the company informed the BSE.
The company had clocked a net profit of Rs 174.62-crore in FY 10 as against Rs 211.10-crore in the [...]

Indian shares joined a global party in risky assets after China pledged to let its currency appreciate, which could boost international trade, but some viewed it as a gimmick to avoid exchange rate reform dis-cussions at the G20 meeting.
Equity benchmarks across the globe, commodities and crude oil surged anticipating stronger demand from China, which may [...]

Indian equity benchmarks ended at two-month highs on Monday, after sentiments across global markets turned bullish following China’s announcement to give its currency greater flexibility.
Indices opened with a gap-up and gained momentum as optimism was back in the markets. Benchmarks crossed psychological resistance levels as investors lapped up stocks from metals, realty and banks.
Bombay Stock [...]

United Stock Exchange of India Limited, India’s newest stock exchange for currency derivatives, said it has received authorisation from the Reserve Bank of India (RBI) to start operations.
USE had earlier received final approval from SEBI to launch operations in currency futures, the exchange said in a statement here.
USE is a public-private partnership with equity participation [...]