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SAIF Partners partially exits PIPE portfolio firm with handsome returns

SAIF Partners partially exits PIPE portfolio firm with handsome returns

Venture- and growth-capital investor SAIF Partners, which has an active public equities portfolio, has offloaded part of......

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Apax makes maiden bet on a private bank in India

Finance

11 May

Apax makes maiden bet on a private bank in India

Global private equity firm Apax Partners, which has backed a few private non-banking finance companies (NBFCs) in the ......

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Why Haven't PE Firms' Stressed Assets Ventures Taken Off?

Finance

11 May

Why Haven't PE Firms' Stressed Assets Ventures Taken Off?

When the Reserve Bank of India completed a review of banks’ asset quality towards the end of 2015, plenty of ......

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Court restrains IBA from using the word ‘Andersen'

Finance

11 May

Court restrains IBA from using the word ‘Andersen'

In a relief to US-headquartered tax and consulting firm Andersen Tax LLC, the Bombay High Court has restrained Indian ......

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L&T Finance backs Pune developer's project

L&T Finance backs Pune developer's project

L&T Finance Ltd, the non-banking financial arm of engineering giant Larsen & Toubro Ltd, has backed a residential ......

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The multi-million-dollar stake churn in Patanjali Ayurved that nobody knows

Consumer

10 May

The multi-million-dollar stake churn in Patanjali Ayurved that nobody knows

Exactly a decade ago Patanjali Ayurved Ltd, the consumer goods company endorsed by yoga guru Baba Ramdev, allotted ......

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Actis-backed Ostro buying string of solar projects from Suzlon for $150 mn

Actis-backed Ostro buying string of solar projects from Suzlon for $150 mn

Ostro Energy Pvt. Ltd, the renewable energy platform set up by private equity firm Actis, is set to acquire several ......

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AI startup Niki.ai gets foreign VC fund on board

TMT

10 May

AI startup Niki.ai gets foreign VC fund on board

Bengaluru-based artificial intelligence (AI) startup Niki.ai has raised fresh funds from a foreign investor, a person ......

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French stationery major BIC to merge Cello's arms

Consumer

10 May

French stationery major BIC to merge Cello's arms

A year after getting control over writing instruments brand Cello, French stationery major BIC Group has decided to ......

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Madura Micro Finance raising more capital from strategic investor

Finance

09 May

Madura Micro Finance raising more capital from strategic investor

Non-banking financial company Madura Micro Finance Ltd (MMFL) is raising a second tranche of equity capital in its Series B ......