Ram Shriram and Kleiner, Perkins, Caufield & Byers — better known as early investors in Google — have sold their entire 4.08 per cent stake in Info Edge (the owners of popular job site Naukri.com) for about Rs 86 crore via a open market transaction on Friday.
Thermax has entered into a 51:49 joint venture (JV) with US-based Babcock & Wilcox Power Generation Group Inc (B&W PGG), a global leader in power generation industry - to engineer, manufacture and supply supercritical steam boilers over 300 mega watt (MW) for the Indian power sector. The two companies will invest Rs 700 crore in the project.
BGR Energy, the EPC company for power, oil and gas sector projects, has entered into a license and technology transfer agreement with Nooter/Eriksen (NE) of USA for the design, manufacture
Dr Reddy’s ties up with Transgene for new drug
Though 21 states has signed the MoU
The fund manager may pick low PE picks
Although no such formal proposal has been mooted so far
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