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Joseph Rai

Rathi Steel to hive off plants in Ghaziabad, Odisha; CEO resigns

Manufacturing

10 June, 2016

Rathi Steel to hive off plants in Ghaziabad, Odisha; CEO resigns

Delhi-based Rathi Steel and Power has decided to hive off its plants in Ghaziabad and Odisha. Also, its CEO Udit ......

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Angel-funded ERC Eye Care readies game plan for regional expansion

Healthcare

10 June, 2016

Angel-funded ERC Eye Care readies game plan for regional expansion

Assam-based ERC Eye Care Pvt. Ltd, which provides low-cost eye-care services for the bottom-of-the-pyramid (BoP) market, aims to open more ......

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India Value Fund Advisors charts out exit plan for third fund

General

09 June, 2016

India Value Fund Advisors charts out exit plan for third fund

Private equity firm India Value Fund Advisors (IVFA), which is currently investing out of its fifth fund, aims to exit ......

Cipla hires Kedar Upadhye from Dr Reddy's Labs as global CFO

Healthcare

08 June, 2016

Cipla hires Kedar Upadhye from Dr Reddy's Labs as global CFO

Mumbai-based drugmaker Cipla Ltd said on Wednesday it has appointed Kedar Upadhye, a top executive from Dr Reddy's Laboratories Ltd, ......

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Laurus Labs recorded steep decline in revenue growth & net profit in FY15

Healthcare

07 June, 2016

Laurus Labs recorded steep decline in revenue growth & net profit in FY15

Vishakhapatnam-based drug ingredients maker Laurus Labs, which has true-blue private equity firm Warburg Pincus on board as an investor and ......

Sun Pharma sells two US manufacturing units to Frontida BioPharm

Healthcare

06 June, 2016

Sun Pharma sells two US manufacturing units to Frontida BioPharm

Sun Pharmaceutical Industries Ltd has sold two oral solid dosage manufacturing facilities in the US to Frontida BioPharm Inc, as ......

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BanyanTree Capital reinvests in a healthcare company

Healthcare

03 June, 2016

BanyanTree Capital reinvests in a healthcare company

GPT Healthcare Pvt Ltd, a Kolkata-based company that operates multi-specialty hospitals under the ILS Hospitals brand, has got fresh investment ......

Quadria founders float $10 mn fund for early-stage healthcare investments

General

02 June, 2016

Quadria founders float $10 mn fund for early-stage healthcare investments

The founders of healthcare private equity firm Quadria Capital have floated a Rs 65 crore ($9.75 million) venture capital fund ......

US-based VC firm Romulus Capital enters India with new $75 mn fund

General

02 June, 2016

US-based VC firm Romulus Capital enters India with new $75 mn fund

Romulus Capital, a US-based venture capital firm, has added India to the list of its target markets after raising $75 ......

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Geriatric care provider Kites gets seed funding

Healthcare

01 June, 2016

Geriatric care provider Kites gets seed funding

Bengaluru-based Lifebridge Senior Care Pvt. Ltd, which provides geriatric and senior care under the Kites Health brand, recently raised seed ......