It was a perfect marriage. On one side was an equity fund with Rs 750 crore in its bulging wallet, on the prowl for a controlling stake in a media and publishing company. On the other was a giant business conglomerate that wanted to exit a non-core business.
The result was a megadeal that caught the corporate world by surprise. Last fortnight, ICICI Venture Funds Management Company (a subsidiary of ICICI Bank) snapped up a 50 per cent equity stake in Tata Infomedia, a publishing company that
