This is the strongest ever quarter by deal values for the private equity and venture capital industry, consultancy firm EY said in the report. Its partner Vivek Soni said deal activity grew across all three main asset classes of private capital including private equity, infrastructure, and real estate.
Domestic giant Tata comments on rust in Steel demand
Tata Steel India recorded an output of 4.50 million tonne (MT) in the second quarter as against 4.30 MT in the corresponding quarter of the previous financial year. Its sales volumes during the quarter, however, took a hit recording 4.14 MT sales as compared to 4.32 in the year-ago quarter.
UN asks turkey to return to diplomacy
France, Germany, Britain, Belgium and Poland were forced to deliver their statement alone, while the United States issued a separate statement asserting that it did not endorse the Turkish operation. According to diplomats, Russia was the biggest obstacle to a united front from the whole Security Council
CDB Aviation delivers first A321 neo to Indigo
Budget carrier IndiGo said it has received the first delivery of the A321neos from CDB Aviation under a purchase and leaseback arrangement with the Irish aircraft lessor.
Sreesanth enters Kollywood
Former Indian cricketer Sreesanth will play a role with grey shades in Hansika starrer. The movie will be produced by Sri Vaari Films P Ranganathan, who bankrolled Yogi Babu’s ‘Dharmaprabhu’.
It’s official: Rajini to act in Siva’s film
It is now confirmed. Rajinikanth after completing ‘Darbar’ will play the lead in ‘Siruthai’ and ‘Viswasam’ fame Siva’s directorial. It will be produced by Sun Pictures, who announced today in their Twitter handle that they will be bankrolling the film.
Former Fortis promoter Malvinder Singh arrested
The Delhi Police today arrested former Fortis Healthcare promoter Malvinder Singh for allegedly misappropriating funds of Religare Finvest Limited (RFL) and causing losses to the tune of Rs 2,397 crore, officials said.
Xi Jinping leaves for India for 2nd informal summit with Modi
Chinese President Xi Jinping left for India this morning for the second informal meeting with Prime Minister Narendra Modi in the southern state of Tamilnadu. He will arrive at Tamilnadu capital Chennai late afternoon.

