NTT Communications Corp. Japan has acquired 75% equity in Netmagic Solutions, a leading Indian managed IT hosting services company operating seven datacenters in India. This acquisition is subject to approval from various relevant Indian authorities. The investment amount has not been disclosed in the press release sent to us.
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You might have a great investment strategy of dividing your risks and increasing returns between mutual funds, recurring deposits, shares and debentures, gold and silver and much more, but have you considered Insurance? We’re not talking about the host of insurance policies available out there on travel, automobiles and
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Note: We generally publish this on Monday, however we could not publish this yesterday due to unforeseeable circumstances and so putting it up today! Here is the snapshot of all the Funding, Mergers & acquisition deals for the week starting 10th October. Funding, M&A Deals of the Week [Oct
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Whether you are in India or anywhere on the globe, raising entrepreneurial finance is quite a challenge since you have to make individuals or institutions believe in your idea, project, business and vision. Here are 5 things to keep in mind while raising entrepreneurial finance. Tap your trade creditors
» continue readingInfoEdge, the company behind Naukri.com has informed BSE about 2 investments that it intends to make. First investment is proposed to be in MeritNation which is group venture of naukri.com itself. The invest in amount of USD 4.5 million (Rs. 20 crore) will be a mix of equity and
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Pune Based startup YournextLeap.com has landed Series A investment from Nirvana Venture Advisors. The funding amount has not been disclosed. Amit Patni from Nirvana Venture Advisors (Patni Family backed) and Rajan Mehra (of Ebay India) will be joining Next Leap board. NextLeap Funding has been on cards for couple
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A recent study by Mercer’s 2011, Cost of Living Survey claimed that New Delhi (rank 85) is India’s most expensive city followed by Mumbai (rank 95). The Brihanmumbai Municipal Corporation (BMC) seems to have been taking steps to improve Mumbai’s rank and have designed a new policy which will
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It has been hectic week for the investigators and government authorities what with new findings into scams and various regulatory reports coming out almost every other day, as the investigation into slew of corruption charges takes its route. On the other hand, even stock markets have reacted negatively based
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The Indian capital market is gradually opening up to include increased number of venues for investments by domestic investors. At first, the SEBI allowed listing of gold exchange traded funds (ETFs) on the stock exchanges. This enabled a great deal of convenience for small retail traders and investors who
» continue readingFICCI recently released an interesting report which puts light on how Foreign Direct investors are doing in India – and the report card looks awesome. According to survey, 62 percent have reported making profits in their Indian operations. And within this group, nearly 70 percent have been successful in
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