Wal-Mart Thursday announced that it will open more than one hundred stores in India if the FDI regulations policy under discussions permits FDI in multi-brand retail. Wal-Mart, the biggest retail chain in the world, said it is mulling the establishment of as many stores in the country to tap into its large retail market, estimated

Reports emerged Monday that Indian steel and shipping giant company owned by the Ambani brothers, Essar Group is keen on an Initial Public Offer (IPO) to fund its investments. The reports suggested that Essar Group had talks with various banks with regard to its plans as it ponders its funding options, inclusive of an IPO

Mindlance Sunday reported that it would be investing about $100 million in India in the coming two years. According to a senior management official from the company, the Bangalore based giant Information Technology (IT) Company is keen on putting an additional large amount on Indian investments, to be undertaken in the next two to three

Perfint Healthcare Pvt Ltd reported it had raised $7.2 million capital for expansion and investments in a round that was led by Northwest Venture Partners (NVP). The Chennai based medical equipment company said it had raised the amount in the second round of financing that saw existing investors in the company, Accel Partners India and

Tata Capital, Tata Group’s financial services arm Wednesday reported that it plans to raise private equity from domestic and international investors. The move will see the company raise about $1 billion in private equity fund by 2011, in its bid to expand its business and invest across four themes.
Tata Capital managing director, Praveen Kadle, said

Super Religare Labs (SRL) Tuesday announced it had successfully completed talks for the acquisition of Piramal Diagnostics. The deal will see Super Religare takeover Piramal Diagnostics’ 107 labs, with the company’s current annual revenues generation pegged at more than Rs 200 crore. The new acquisition investment comes in the wake of Piramal Healthcare’s sell of

The London stock listed company, Essar Energy PLC, Tuesday announced that its Indian subsidiary, Essar Power Limited made an investment acquisition for a 100% stake in Navabharat Power Pvt Ltd. The investment will see Essar Power Ltd takeover the 2250MW producing company in Orissa.
However, the deal will be undertaken in stages, with Essar announcing that

Indian Steel manufacturing company, Sujana Metal Products, Sunday announced it plans to invest more than Rs 1,000 crore in expansion of its operations. The plans will see the company grow its capacity to 7.5 lakh tons per annum, up from its existing 3.5 lakh tons, to be effected by end of the 2010 financial year.

The Indian retail industry Friday came out in strong opposition to the government’s move to set up a regulatory authority for the retail industry, arguing that there are few takers in the industry for such a move. The Indian Ministry of Consumer Affairs and Food had Thursday met Industry players over the same, with the

Coal India Thursday announced it is keen on securing foreign mining investments in a bid to meet the rising energy demand in India. According to an Indian governmental official, Coal India ltd, the biggest global producer of coal, said the company might utilize a proposed sovereign fund for the purchase of mines overseas, with the