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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 ......
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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 ......
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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 ......
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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
Kotak Realty Fund, part of the alternative investment funds unit of Kotak Mahindra Bank, has given back about Rs 1,000 ......
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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 ......
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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
Two private equity professionals— Manu Bhandari, a former Morgan Stanley fund manager; and Himanshu Kashyap, a physician-turned-principal of a US-based ......
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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 ......
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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 ......