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Deutsche Bank exits Lodha investment
Deutsche Bank has logged a major gain before it exited a four-year-old investment in a Lodha group firm for Rs 2,542 crore, by making a neat profit of 55 per cent or Rs 902 crore ($180 million). It was in September 2007 that the German bank invested Rs 1,640 crore by subscribing to the compulsorily convertible debentures (CCDs) of Lodha’s subsidiary, Cowtown Land Development Ltd. The bank has
Deutsche Bank has logged a major gain before it exited a four-year-old investment in a Lodha group firm for Rs 2,542 crore, by making a neat profit of 55 per cent or Rs 902 crore ($180 million). It was in September 2007 that the German bank invested Rs 1,640 crore by subscribing to the compulsorily convertible debentures (CCDs) of Lodha’s subsidiary, Cowtown Land Development Ltd. The bank has
Summary Box: Andreessen firm raises $1.5B
: Silicon Valley entrepreneur-turned-venture capitalist Marc Andreessen and his partners have raised another $1.5 billion to invest in technology startups.
: Silicon Valley entrepreneur-turned-venture capitalist Marc Andreessen and his partners have raised another $1.5 billion to invest in technology startups.
Is online retail the next bubble waiting to pop?
Internet retailing is sizzling, with big bucks chasing a flood of companies hawking everything from coupons to laptops. Yet, experts warn that not only are valuations too high, but that most of
RuralShores in Growth Mode Celebrates Employing Over 1,000 Rural Youth
RuralShores celebrated crossing the threshold of providing employment to one thousand rural youth by hosting an event at its first centre at Bagepalli, Karnataka (approximately 100 kms from Bangalore). The theme of the event was `Illuminating a Thousand Rural Families'. The function was presided by Honourable Union Corporate Affairs Minister, Dr. M. Veerappa Moily, Mr. Deepak Parekh, Chairman HDFC Limited and Mr. Kris Gopalakrishnan, Co-Chairman Infosys.
RuralShores celebrated crossing the threshold of providing employment to one thousand rural youth by hosting an event at its first centre at Bagepalli, Karnataka (approximately 100 kms from Bangalore). The theme of the event was `Illuminating a Thousand Rural Families'. The function was presided by Honourable Union Corporate Affairs Minister, Dr. M. Veerappa Moily, Mr. Deepak Parekh, Chairman HDFC Limited and Mr. Kris Gopalakrishnan, Co-Chairman Infosys.
Everonn to seal largest PE deal in education
Carlyle, New York Life PE in talks to invest $100 million in parent, arms.
Carlyle, New York Life PE in talks to invest $100 million in parent, arms.
Ozonegroup Launches Ozone Urbana, an Integrated Township Development
Ozonegroup, one of the leading property developers announced today the launch of the largest integrated township in Bangalore - Ozone Urbana. Spread across an area of 150 acres and situated on NH7 near BIAL airport, Ozone Urbana is a self contained township with homes and commercial developments with a potential to employ 50,000 people.
Ozonegroup, one of the leading property developers announced today the launch of the largest integrated township in Bangalore - Ozone Urbana. Spread across an area of 150 acres and situated on NH7 near BIAL airport, Ozone Urbana is a self contained township with homes and commercial developments with a potential to employ 50,000 people.
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