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    • FIPB clears eight FDI proposals worth Rs 5,200 cr

      Proposal of India Advantage Fund, an AIF managed by ICICI Venture Fund, entails an investment worth Rs 2,950 crore, said Finance Ministry sources.

    • TeamLease Services files IPO papers with SEBI

      The issue will comprise of fresh issue of up to Rs 150 crore and an offer for sale of up to 2,75,977 equity shares by Gaja Capital India Fund I, up to 76,660 shares by Gaja Advisors, up to 11,80,569 shares by GPE (India), up to 15,33,206 shares by India Advantage Fund S3 I and up to 1,53,321 shares by HR Offshoring Ventures Pte Ltd.

    • PVR focuses to roll out exhibition business across country

      PVR Limited acquired remaining 40% stake from JPMorgan and India Advantage Fund of PVR Pictures. In an interview with CNBC-TV18, Nitin Sood, CFO of PVR said that they paid a total of Rs 60 crore to complete the buyout. Sood explained that the company’s main focus is to roll out the exhibition projects across the country.

    • PVR buys out JP Morgan, India Advantage Fund from group

      PVR Ltd today said it has bought out JP Morgan Mauritius Holdings and India Advantage Fund from a group firm, PVR Pictures for an undisclosed amount as it looks to focus on cinema exhibition while going slow on production business.

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