IDBI invests Rs 20 cr in Broadcast Worldwide
IDBI has taken a Rs 20 crore exposure in the Rathikant Basu-promoted Broadcast Worldwide. While the financial institution has invested Rs 5 crore for around 3-5% equity stake in the company, Rs 15 crore has been lent as debt.

Bluestone Capital picks up 50% stake in L&T Trade.com
The US-based investment banking company, Bluestone Capital is picking up a 50% equity in L&T Trade.com, an online financial services company of the L&T Group.

Virgin not immune to charms of Hindi film music
Virgin Records (India), a member of the EMI Group, plans to enter the Hindi film music category. This was disclosed by Mohan Mahapatra, MD, Virgin Records India to eFE.


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