General
Rocket Internet raises $1 bn in new fund
Rocket Internet SE, the German investment firm that has struggled with its bets on Indian companies, has raised $1 billion ......
General
India cabinet approves plan to cut stake in general insurers
The Union cabinet has cleared a plan to list five state-owned general insurance companies on stock exchanges and trim its ......
TMT
Warburg Pincus invests $120 mn in PVR; Multiples PE partially exits
Private equity firm Warburg Pincus said on Wednesday its affiliates have acquired a 14% stake in PVR Ltd, India’s largest ......
Infrastructure
Indiabulls Real Estate buys back Farallon Capital's stake in Delhi project
Mumbai-based developer Indiabulls Real Estate Ltd said on Wednesday it has bought back the stake of the US-based private equity ......
General
TCS chief N Chandrasekaran to be new Tata Sons chairman
Tata Sons Ltd on Thursday named Natarajan Chandrasekaran, a group veteran and head of its software services unit, its new ......
Infrastructure
Nisus Finance backs Midcity Heights' redevelopment projects
Mumbai-based real estate investment firm Nisus Finance Services Co Pvt. Ltd (NiFCO) has backed Midcity Heights Pvt. Ltd. (MHPL) for ......
General
Edu-infra fund Cerestra brings new investor on board
Real estate private equity firm Cerestra Advisors Ltd has brought a new investor on board by diluting a 20% stake ......
TMT
PropTiger, Housing set to merge; deal to be inked this week
Online property broker PropTiger and SoftBank-funded realty portal Housing.com are in the final leg of talks to ink a merger ......
General
Govt projects slower GDP growth in FY17
The Indian government on Friday projected slower economic growth for the year through March but didn’t take into ......
General
Piramal Enterprises to start housing finance business
Piramal Enterprises Ltd said its board has allowed unit Piramal Finance Ltd to start retail housing finance business as part ......
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