Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

Banking on the net makes sense
On December 20, 2009, the Andhra Pradesh cybercrime police arrested a 23-year-old internet hacker for allegedly swindling Rs 30,600 from an HDFC Bank customer. This is simply a case in point. While banks prefer not to go public about cybercrime for obvious reasons, Minister of State for Home Shakeel Ahmad informed the Lok Sabha in February 2009 that banks across the country lost Rs 6.57 crore to internet frauds in 233 incidents of cybercrime, with Tamil Nadu topping the list, in 2008.

Microsoft eyes Indian smartphone mkt
The world"s largest software firm Microsoft today said it is sharpening its focus on the fast growing smartphones market and other wireless devices in India.

News of the day

Cong, NCP clinch deal in Maha
New govt may be sworn in tomorrow.
Management

South sees 64% drop in private equity investments

Private equity (PE) investments in south India dropped 64 per cent between April and September 2009 to $626 million from $1,752 million during the same period last year. The number of deals too dropped 48 per cent, according to Venture Intelligence, a research service focused on PE and M&A - PE investments in South drops 64% - PE investments set to flood power sector - Ex-Baring partner to raise $250 mn - Emerging mkts take lion"s share in global PE activity in H1 - Interest in healthcare mounts among PE, VC players - Aditya Birla PE Fund to pick up 0.5% in BSE Among the four states in the south, Andhra Pradesh attracted the highest investment in terms of value. The state attracted large ticket investments worth $239.7 million, followed by Karnataka at $218.1 million and Tamil Nadu at $168.4 million. PE investors stayed away from Kerala last year. In terms of deals, a hotel project promoted by Bangalore-based Century Real Estate attracted $100 million in September 2009. The investor was Goldman Sachs. Share Microfin saw IFC and others invest $50 million in May 2009 while Spandana too attracted investments worth $50 million in August 2009.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009