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UTV Software to raise $150 mn for expansion, retiring debt
Media and entertainment firm UTV Software Communications today said it will raise $150 million (nearly Rs 750 crore) through various channels to meet its growth plans and retire debt.

Uttam Galva hits upper circuit on open offer
The stock price of Uttam Galva Steels today hit the upper circuit on the stock exchange after ArcelorMittal, the largest steel maker in the world, said it would make an open offer to buy an additional 29.4 per cent stake in the company from the public at Rs 120 a share.

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Sloane Robinson ups stake in Indiabulls Real Estate to 5.42%
Foreign fund house Sloane Robinson LLP has hiked its stake in Indiabulls Real Estate to 5.42 per cent through open market share acquisition.
Home Business

Murthy's fund to kick off in March

Catamaran Venture Fund, promoted by Infosys Technologies Chairman and Mentor Narayan Murthy will be active for investments from March 2010. “I am in touch with many of the entrepreneurs. Many of them have sent me their business plans. We are waiting for our office to be ready. From March onwards, we will be much more active,” said Murthy at the sidelines of the TiE Entrepreneurial Summit 2009.


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