Venture investments up by 69% at $16.4 billion

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

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.