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PE firm Cerestra to partner with Telangana govt for life sciences infra fund

General

07 February, 2017

PE firm Cerestra to partner with Telangana govt for life sciences infra fund

The Telangana government is partnering with real estate private equity firm Cerestra Advisors Ltd to float an infrastructure fund focused ......

Just one in five active listed firms to benefit from corporate tax cut

General

07 February, 2017

Just one in five active listed firms to benefit from corporate tax cut

Ahead of this year’s budget, the media was agog with speculation that finance minister Arun Jaitley will give companies something ......

Axis Bank to sell entire stake in Experian Credit for $9.5 mn

General

07 February, 2017

Axis Bank to sell entire stake in Experian Credit for $9.5 mn

Private-sector lender Axis Bank Ltd has signed an agreement to sell its entire 10% stake in Experian Credit Information Co ......

Consulting firm Sathguru raising $100 mn fund, targets first close by June

General

07 February, 2017

Consulting firm Sathguru raising $100 mn fund, targets first close by June

Hyderabad-based advisory services firm Sathguru Management Consultants is raising a Rs 673 crore ($100 million) fund that will invest mainly ......

KKR to merge hedge fund unit co-led by Girish Reddy with PAAMCO

General

07 February, 2017

KKR to merge hedge fund unit co-led by Girish Reddy with PAAMCO

Private equity major Kohlberg Kravis Roberts & Co Ltd has agreed to merge hedge fund unit KKR Prisma with Pacific ......

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Report card on Gulpreet Kohli's PE firm Mylen in its first year

General

06 February, 2017

Report card on Gulpreet Kohli's PE firm Mylen in its first year

Private equity firm Mylen Investment, which was floated by former managing director of ChrysCapital, has built a portfolio of over ......

IDFC Bank picks up stake in Fairfax-backed IIFL Holdings for $75 mn

General

06 February, 2017

IDFC Bank picks up stake in Fairfax-backed IIFL Holdings for $75 mn

IDFC Bank Ltd, the youngest private-sector bank in the country, has picked up a minority stake in IIFL Holdings Ltd ......

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Aavishkaar set to make fresh VC investments in Indonesia, Sri Lanka

General

06 February, 2017

Aavishkaar set to make fresh VC investments in Indonesia, Sri Lanka

Aavishkaar Venture Management, an investment firm that backs enterprises working in rural areas and those targeting the poor, is all ......

Tata Sons removes Cyrus Mistry from board

General

06 February, 2017

Tata Sons removes Cyrus Mistry from board

Tata Sons Ltd’s shareholders on Monday voted to remove Cyrus Mistry from its board of directors, a widely expected ......

ArthVeda raises $250 mn for affordable housing in debut offshore fund

General

06 February, 2017

ArthVeda raises $250 mn for affordable housing in debut offshore fund

ArthVeda Fund Management Pvt. Ltd, an associate company of mortgage lender Dewan Housing Finance Ltd, has received a commitment of ......

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