For Indian investors comfortable with the risks of investing in small and mid-cap stocks, a report from The Economic Times gives reasons why now would be a good time to invest in this segment.
India
Burger King forms joint venture to take on McDonald's in France
Burger King Worldwide Inc. formed a joint venture with Bertrand Holding Co. and Naxicap Partners to open new stores in France in the first half of next year. Burger King returned to the country last year, opening three stores with Italian restaurant operator Autogrill.
E-commerce company Yebhi.com to raise up to USD50 million in venture funding
Indian e-commerce company Yebhi.com is looking to raise USD30 million to USD50 million from venture capital firms. If successful, Yebhi.com will follow leading online retailer Flipkart, which raised USD360 million.
TTK Group vows to regain market share amid loss of Durex brands of ex-partner Reckitt
Indian company TTK Group is moving forward with its plans to seize back market share it lost after the ending of its partnership with Reckitt Benckiser Group Plc a year ago by increasing sales shipments of its own brand of prophylactics.
Sovereign wealth fund-backed Greenko Group commissions fourth wind farm project
Greenko Group said it had completed Matrix, its fourth wind farm located in the state of Karnataka. Greenko is a renewable power company based in India backed by the sovereign wealth fund of Singapore.
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Blackstone Group, the second biggest realty firm in India, may soon replace DLF as the top real estate developer with its series of acquisitions in the country.
Following a nuclear deal reached in Geneva, the European Union has removed the ban on insuring tankers transporting Iranian oil. The EU also agreed to release USD4.2 billion in frozen oil assets and permit Iranian crude exports to continue at its current levels.
A survey taken by professional services company Ernst & Young has shown that India has toppled China from the top spot as the world's most attractive destination for investments.
According to sources interviewed by Bloomberg, Cairn India is planning to buy back USD 1 billion worth of shares in order to give Anil Agarwal more control of the company.
Pfizer Ltd, the Indian unit of U.S. drug maker Pfizer Inc, is to take over local affiliate Wyeth Ltd. Shareholders of Wyeth will get seven Pfizer Ltd shares for every 10 shares held.
With almost 150 plot bookings from MSME companies, Gujarat's plastic park at Dahej and Sanand are expected to attract around INR5000 crore worth of investment in India.
A Saturday announcement revealed that Pfizer Ltd, Pfizer Inc's Indian unit, would be merging with its local affiliate Wyeth Ltd after both pharmaceutical firms' boards approved the deal.
In a report, the Business Standard said private equity firms are a significant contribution to the consolidation of IT services and BPO sector in India. There were five private equity transactions closed this year that totaled USD1.13 billion in value.
Strategic investors were said to be in discussions to buy a majority stake in Vasan Healthcare, which operates eye care hospitals and dental centers in India.
