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Joseph Rai

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L&T Finance backs developer Anant Raj's project

Infrastructure

03 February, 2017

L&T Finance backs developer Anant Raj's project

L&T Finance Ltd, which has aggressively enhanced its lending activity in the real estate segment recently, is investing in a ......

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How was Everstone's fresh stake divestment in Centrum Capital?

General

02 February, 2017

How was Everstone's fresh stake divestment in Centrum Capital?

Private equity firm Everstone Capital is looking to rinse its hands of a legacy portfolio firm and has sold additional ......

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ChrysCapital logs partial exit from PIPE portfolio with handsome returns

Healthcare

02 February, 2017

ChrysCapital logs partial exit from PIPE portfolio with handsome returns

ChrysCapital Investment Advisors India Pvt Ltd, which is in the process of raising its new fund, has offloaded more stake ......

Cheer for medical devices, pharma; industry largely disappointed

Pharmaceuticals

01 February, 2017

Cheer for medical devices, pharma; industry largely disappointed

Finance Minister Arun Jaitley on Wednesday significantly raised the budget allocation for healthcare expenditure for FY2017-18 while offering reasons to cheer for ......

Realty PE fund Lapis India exits Sobha's Bengaluru project

Infrastructure

31 January, 2017

Realty PE fund Lapis India exits Sobha's Bengaluru project

Realty-focused private equity firm Lapis India Capital Advisors Pvt. Ltd has fully exited its investment in a project of public-listed ......

Shoppers Stop CEO Salil Nair steps down

Consumer

31 January, 2017

Shoppers Stop CEO Salil Nair steps down

Retailer Shoppers Stop Ltd’s chief executive officer Salil Nair has resigned, bringing an end to close to 20 years of ......

IFC commits $20 mn to IDG's third India VC fund

General

30 January, 2017

IFC commits $20 mn to IDG's third India VC fund

World Bank's private investment arm International Finance Corporation (IFC) has proposed to invest $20 million (around Rs 136 crore) in ......

Piramal to acquire drugs from UK firm Mallinckrodt for $171 mn

Healthcare

30 January, 2017

Piramal to acquire drugs from UK firm Mallinckrodt for $171 mn

Billionaire Ajay Piramal-led Piramal Enterprises Ltd said on Monday it will acquire a portfolio of drugs from UK-based Mallinckrodt LLC ......

Blackstone brings Nitin Rakesh as CEO of Mphasis

TMT

27 January, 2017

Blackstone brings Nitin Rakesh as CEO of Mphasis

Mphasis Ltd has appointed Nitin Rakesh as chief executive officer, in the IT services provider's first major management restructuring after ......

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Clove Dental buys VC-backed Denty's

Healthcare

25 January, 2017

Clove Dental buys VC-backed Denty's

Star Dental Centre Pvt. Ltd, operator of the Clove Dental clinic chain, has acquired rival Today's Healthcare India Pvt. Ltd ......