My Blog is featured on the homepage of BloginSpace.com on November 4, 2005 and has crowned the blog with the title of "Most Likely To Be Contacted". They have also added a screenshot and a link to the site.
Thanks to Bloginspace.
Check out here
My Blog is featured on the homepage of BloginSpace.com on November 4, 2005 and has crowned the blog with the title of "Most Likely To Be Contacted". They have also added a screenshot and a link to the site.
Thanks to Bloginspace.
Check out here
How will you feel, if your original investment yields you 450% returns in six years?
Well, The Warburg Pincus-One of the World’s Largest Investment firm has got its investment a return of cool 450%. The Warburg Pincus has invested in Bharti Televentures (Airtel) India, $292 million in return for 19% stake from 1999-2001. Then Bharti went IPO in 2002 which reduced th’r stake to 15% .Check how they made th’r returns as pointed by Arun Natarajan by exiting the venture from 2004-2005.
August 2004: Warburg sells a 3.35% stake for about $208 million.
March 2005: Warburg sells another 6% stake for $560 million, marking the largest ever equity deal in a single scrip on an Indian stock exchange.
October 2005: Warburg sells its final 5.65% stake to UK-based Vodafone for $847.5 million.
$292 million in six years have grown to $1.616 Billion – a cool 450% return on the original investment. How they did that? As th’r philosophy states they had invested in Management and has reaped the benefits.