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Govt clarifies safe harbour norms for offshore funds

General

17 March, 2016

Govt clarifies safe harbour norms for offshore funds

The government has clarified the so-called ‘safe harbour’ norms for offshore funds in a move that benefits the private equity ......

PE firm Gaja Capital marks final close of new fund at $240M

General

17 March, 2016

PE firm Gaja Capital marks final close of new fund at $240M

Growth-stage private equity firm Gaja Capital has made the final close of its second fund at $240 million, The Economic ......

Access PE invests in Alliance Insurance Brokers

General

17 March, 2016

Access PE invests in Alliance Insurance Brokers

Private equity firm Access Asset Managers has struck its second back-to-back deal investing in Mumbai-based Alliance Insurance Brokers.The firm said ......

Edelweiss ARC to raise around $300M to buy stressed assets

General

17 March, 2016

Edelweiss ARC to raise around $300M to buy stressed assets

India's largest asset reconstruction company Edelweiss Distressed Asset Resolution Business (EDARB) is looking to raise a further capital of around ......

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Kotak Realty Fund returns $150M to investors as focus turns to exit

General

17 March, 2016

Kotak Realty Fund returns $150M to investors as focus turns to exit

Kotak Realty Fund, part of the alternative investment funds unit of Kotak Mahindra Bank, has given back about Rs 1,000 ......

Trivitron's GSK Velu floats $100M venture fund Stakeboat

General

17 March, 2016

Trivitron's GSK Velu floats $100M venture fund Stakeboat

Serial healthcare entrepreneur GSK Velu, who last year sold his stake in pathology chain Metropolis Healthcare, has launched two funds ......

Three ELP executives quit to float law firm Vertices

General

16 March, 2016

Three ELP executives quit to float law firm Vertices

Three executives at Mumbai-based legal advisory firm Economic Laws Practice have quit to start a new venture called Vertices Partners.Vinayak ......

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Mark88 floats education infrastructure fund

General

16 March, 2016

Mark88 floats education infrastructure fund

Two private equity professionals— Manu Bhandari, a former Morgan Stanley fund manager; and Himanshu Kashyap, a physician-turned-principal of a US-based ......

KKR's NBFC Invests In Coffee Day Group's Way2Wealth

General

22 March, 2016

KKR's NBFC Invests In Coffee Day Group's Way2Wealth

Kohlberg Kravis Roberts & Co. (KKR & Co. L.P.) is backing the financial services arm of Coffee Day Resorts Pvt ......

Tax authorities start probe against penny stock traders

General

21 March, 2016

Tax authorities start probe against penny stock traders

The Income Tax department has initiated a countrywide probe against hundreds of entities and individuals who are suspected to have ......

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