Carlyle Group to invest $500 million in India’s Magna Energy
Mumbai: The US-based private equity group, Carlyle, has announced an investment of US$ 500 million in Magna Energy Ltd, an India‑focused upstream oil and gas company with primary focus on development and production.
Stock exchange for unlisted startups GREX launched in Hyderabad
Hyderabad: GREX, claimed to be India’s first stock exchange for unlisted start-ups, has been launched in Hyderabad by The Indus Entrepreneurs(TiE) and The Entrepreneur Zone(TEZ) and is scheduled to go live in July 2015.