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- Halonix looks to raise Rs 600 cr for expansionHong-Kong-based NewQuest Capital, via its NewQuest Asia Investment II, bought the business from Actis for an undisclosed sum in 2016. Befor...
- How using LED lights can help you save moneyAlthough the upfront cost of LED lights is slightly higher, their energy efficiency and durability compensate for it.
- Actis to buy 25% in steroids maker Symbiotec Pharmalab for Rs 300 crorePrivate equity fund Actis is looking to purchase more than 25% stake in cortico steroids maker Symbiotec Pharmalab for around $50 million.
- Private equity deal pricing to get rational on lesser capital: Paul Fletcher, ActisActis has stakes in Dalmia Cement, AVTEC, IDFC, GVK, Sterling Hospitals, Halonix, TEMA, NSE and Nilgiris Dairy among others.
- Ruia Group frontrunner for takeover of HalonixSources said negotiations were underway for the last six months for a 66% stake. There were at least two other cos in the fray.
- Philips leads race to buy Halonix stake from ActisUnder the deal under consideration, Halonix will sell its subsidiary to its current owner, Actis, at a price determined by two independent ...
- Stocks to watch: Dabur, REI Agro, Idea, DLF, Monsanto India, Halonix, Adani Enterprises, Everonn, RanbaxyDabur India is in advanced talks to buy Turkish personal care products maker Hobi Kozmetik. Dabur, REI Agro, Idea, DLF, Monsanto India, Hal...
- Actis to buy Halonix's lighting bizActis will buy out the loss-making, general-lighting business of Noida-based Halonix, a firm in which it owns majority stake, leaving the p...
- CX Partners may buy 20% in NTL ElectronicsPrivate equity (PE) firm CX Partners is close to buying 20% stake in electrical products company NTL Electronics India for around Rs 120 cr...
- CRISIL assigns IPO grade 3/5 to IndosolarCRISIL has assigned IPO grade 3/5 to the proposed initial public offer of Indosolar Ltd, which indicates that the fundamentals of the issue...
- Eveready bets on FMCG spaceIn a bid to de-risk its present battery and flashlight-led revenue model, Eveready Industries India is betting big on the FMCG space.
- Phoenix enhances its CFL production capacityPhoenix Lamps sets up a greenfield plant at Haridwar with a capacity of 45 million units of CFLs.
- Actis, Argon acquire 20% in Phoenix LampsPrivate equity investor Actis and its affiliates have acquired a 20 per cent stake in Phoenix Lamps for Rs 106.45 crore, taking their holdi...
- Actis makes open offer for 20% stake in Phoenix LampsPrivate equity investor Actis, with its affiliate companies, has made an open offer to the shareholders of Phoenix Lamps Ltd to buy a 20 pe...
- Actis to invest in Phoenix Lamps, Sterling HospitalPrivate equity investor Actis on Tuesday announced that it will be investing $44.4 million for picking up equity in two companies, includin...
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