India: Snapdeal,’s turnaround man Jason Kothari joins Infibeam as president


Former CEO, Kothari was earlier the CEO and vice-chairman of US-based entertainment company Valiant Entertainment.

Indiamart plans to raise up to $89m through IPO

Indiamart could file its draft red herring prospectus as early as next month.

Japan’s SoftBank to invest up to $100b in Indian solar power projects

The company is expected to make the investment through a fund backed by Saudi Arabia’s government.

India Dealbook: Pixr8 News, Everyday Gourmet fundraise; Helix puts $4.87m in Network Intelligence

Pixr8 aims to use the latest funding for expansion in India and internationally. 

Continuum founder may buy back Morgan Stanley’s majority stake

Morgan Stanley Infrastructure Partners, which manages over $4 billion globally, had invested $212 million in Singapore-based Continuum Wind in 2012.

Saudi Arabia’s PIF looks to invest in India’s infrastructure sector

This comes against the backdrop of growing interest from sovereign wealth funds to invest in India.

India’s NSE looking to ease startup listing norms

In 2013, NSE launched a platform called Emerge ITP to allow start-ups to get listed without having to go through a full-fledged initial public offering (IPO) route.

India: Specialty chemicals maker Fine Organic to launch $89m IPO on June 20

Fine Organic has set a price band of Rs780-783 per share for the IPO, which will close on 22 June.

India’s Tata Steel Europe JV hits roadblock, but it is not a deal-breaker

The opposition from some Thyssenkrupp investors, which may be causing concern, is on the structure of the deal.

India: ICICI Bank moves NCLT against Punj Lloyd to initiate insolvency proceedings

SBI is the leader of the lenders forum for Punj Lloyd.