Japanese trading house Marubeni Corp announced on Friday that it had bought a 100-megawatt (MW) gas power facility in Tokyo and is also planning to add further 200 MW of local capacity in 2016.

Japan-based trading house Marubeni Corp sold its 30% interest in Australia-based Milmerran Power Station to a buyer in South Korea for under A$200 million ($179 million), according to a source familiar with the deal.

Venture capital firm Unitus Seed Fund invested an undisclosed sum in Chennai, India-based affordable eyecare startup Welcare Health Systems amid increasing interest of risk capital in eyecare firms.

Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) is investing $250 million in Hines India Real Estate, the Indian unit of American property management firm Hines, according to a source familiar with the investment.

Mumbai-based startup Birds Eye Systems raised an undisclosed sum in a Series A round from Matrix Partners India for the expansion of its traffic monitoring brand Traffline.

India-based mobile operator Bharti Airtel has raised EUR750 million in a bond issue that received bids worth EUR3.8 billion. The bond issue aimed to refinance the company's existing debt.

Information, communication and technology (ICT) solutions provider Tech Mahindra is holding a board meeting on Friday to consider a merger with engineering firm Mahindra Engineering Services.

A report by Vivek Singla of The Economic Times compared the Indian private equity industry to a valiant warrior who is able to penetrate an enemy's circle of defense, but failed because he had no exit plan.

US-based generic drug manufacturer Mylan and two Indian pharmaceutical firms are in talks to buy Chennai-based Bafna Pharmaceuticals for an undisclosed amount, according to two sources familiar with the transaction.

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.