News - Portfolio Company News
Mumbai - Reuters - January 17, 2012
New Silk Route Partners, an Asia-focused private equity fund, said on Tuesday it picked a significant minority stake in educational support services provider Varsity Education Management Pvt Ltd for an undisclosed sum.
New Delhi - Contify Investment – Tue, Jan 17, 2012 6:41 PM IST
New Delhi: Asia-focused private equity (PE) firm New Silk Route Partners LLC Tuesday said it has acquired a minority equity stake in India-based educational support services provider Varsity Education Management Pvt Ltd for an undisclosed sum.
January 18, 2012 - The Hindu Business Line
Hyderabad: Private Equity fund, New Silk Route Group, has picked up a minority stake in Varsity Education Management Pvt Ltd with $30 million.
January 17, 2012
New Silk Route Partners, an Asia-focused private equity fund, said on Tuesday it picked a significant minority stake in educational support services provider Varsity Education Management Pvt Ltd for an undisclosed sum.
January 12, 2012, Seal Beach, Calif.
Amonix Inc., the leading designer and manufacturer of utility-scale concentrated photovoltaic (CPV) solar power systems and lead investor Kleiner Perkins Caufield & Byers (KPCB), announced their interim management plan in succession with the tragic passing of Amonix CEO, Brian Robertson. Robertson was a solar pioneer with significant expertise in the solar industry. He joined Amonix in late 2009 with the acquisition of Sunworks Solar LLC, where he was co-founder and CEO (2008-2009). Prior to that, he co-founded Sun Edison LLC. Under his leadership at Amonix, the company grew its installed marketshare and is well-positioned for ongoing success. His strong legacy will continue to be honored by Amonix and those he touched
September 7, 2011
Nectar Lifesciences has received US Food and Drug Administration's approval for its active pharmaceutical ingredients manufacturing plan. Nectar Lifesciences Ltd. announced that it has received US Food and Drug Administration's (USFDA) approval for its Active Pharmaceutical Ingredients (APIs) manufacturing plant Unit-II in Dera Bassi, Punjab. Followed by the recent audit of USFDA in June 2011 for its Drug Master File - Cefuroxime Axetil, NecLife received the confirmation of approval on September 7, 2011. NLL's API facility at Unit-ll, Dera Bassi has also been approved by Japan MOH, MCC South Africa and Korean FDA. NecLife's API as well as Formulations Facility have both been successfully inspected by EU authorities and are awaiting final approval.
August 2011
International Finance Corporation (IFC) is looking to invest up to $11 million in Mahindra Solar One Pvt Ltd, a joint venture between the $12.5 billion Mahindra Group and solar power start-up Kiran Energy Solar Power Pvt Ltd. The deal may involve $5 million equity investment, along with $6 million in debt, by the private investment arm of the World Bank.
Pune India - July 25, 2011
Thermax Limited and Amonix, Inc. today announced an agreement that will bring proven, concentrated photovoltaic (CPV) technology for clean power generation to India. In this exclusive partnership, Amonix will offer high-performance solar power generation systems and Thermax will be the Engineering, Procurement and Construction (EPC) partner to provide turnkey solutions to customers in India.
Netherlands - June 27, 2011
Billion Tree Campaign is a worldwide tree planting initiative facilitated by the United Nations Environment Programme. People, communities, businesses industry, civil society organizations, governments are encouraged to play their role. The campaign strongly encourages the planting of indigenous trees and trees that are appropriate to the local environment.
By the end of 2009, more than 7.4 billion trees had been planted under this campaign – far in excess of the year-end target of 7 billion – by participants in 170 countries. With this success continuing into 2010, the Billion Tree Campaign will make a substantial contribution to the 2010 International Year of Biodiversity, raising awareness of the importance of biodiversity for our well-being. Trees play a crucial role as fundamental components of the biodiversity that forms the foundation of the living networks and systems that provide us all with health, wealth, food, fuel and vital ecosystem services our lives depend on. They help provide breathable air, drinkable water, fertile soils and a stable climate. The billions of trees planted by the collective efforts of participants of the Billion Tree Campaign from all parts of society will contribute to biodiversity across the planet.
BOEP acquired & planted around 2750 plants in the BSS North in collaboration with Forest Department Punjab, CDA Islamabad and Ministry of Environment Pakistan. It also arranged awareness Programmes
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