Business - Briefly   

IDFC private equity fund II raises $430 m

CHENNAI: IDFC Private Equity has raised Rs. 1,900 crore ($430 million) in its second fund, IDFC Private Equity Fund II. The first fund, which closed in 2004, was for Rs. 840 crore ($190 million). According to a release, unlike in the first fund, which only had domestic investors, the second fund has mainly overseas investors.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Share of customs in government revenue will decline: FM
Transmission projects: mechanism for bidding
Reliance Communications plans to expand broadband network
TAFE becomes market leader
IACC advocates calibrated approach to rupee convertibility
Refex's expansion schemes
Tamil Nadu Oil & Seeds Assn.'s plea to Govt.
Talks on with steel majors for coking coal joint venture
Noida Toll Bridge to exercise over-allotment arrangements
Inflation falls below four per cent
Cost competitiveness drives India's manufacturing
12 in race for grid lines
HP unveils new Notebook with Gamut technology
Trinity Convergence opens centre in Pune
IBM and 3Com to offer VCX suite
ICA appoints Adarsh Shastri as National Secretary
Radiant Infosystems partners with Intel
SCMB former Deputy CEO on Indu Board
Accreditation for PR professionals
IDFC private equity fund II raises $430 m
Keventer Agro acquires EIL's food division
New global sales director for Saksoft
KSCAB achieves higher profit
Foreign Trade Policy today
Sun Centre for Java
Gold ends at new high
Teledata takes over I-Max Networks
Vodafone reveals restructuring

Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu