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Technology
Netmagic CEO on life after NTT acquisition and where datacentre business is headed
Sharad Sanghi is one of the pioneers in the Indian datacentre business. He founded Netmagic Solutions, now one of India’s ......
General
Chetan Dave quitting as head of IDFC Alternatives' real estate biz
Chetan Dave, managing partner and chief executive officer of IDFC Alternatives International, has quit, at least three independent sources told ......
General
Shubham Housing Development Finance raises $7.8M from Elevar, Helion, others
Gurgaon-based Shubham Housing Development Finance Company Pvt Ltd has raised $7.8 million (Rs 43.2 crore) from four investors – Elevar ......
Infrastructure
SUN-AREA Property Partners files special leave petition against Rustomjee at Supreme Court
SUN-AREA Property Partners (formerly SUN-Apollo) has filed a special leave petition against Mumbai-based property developer Rustomjee at the Supreme Court. ......
TMT
Online-offline artificial jewellery retail startup Youshine raises 2nd round of angel funding
MM Retail Pvt Ltd, which runs the artificial jewellery retail business Youshine, has raised $1 million (Rs 5.5 crore) in ......
Infrastructure
Warburg Pincus, StanChart PE, Avigo Capital in race to infuse funds in Enzen Global
Private equity firms Avigo Capital, Standard Chartered Private Equity and Warburg Pincus have emerged as frontrunners for a $50 million ......
General
Squadron Capital CEO on buyout by FLAG Capital and LPs' appetite for India
Asia-focused fund of funds manager Squadron Capital got recently acquired by US-based FLAG Capital Management. The transaction pulled up FLAG’s ......
General
Indus Balaji PE bets on control transactions in early-stage firms
Indus Balaji Private Equity has closed six investments from its debut fund as it looks build a portfolio while leveraging digital ......
Consumer
Diageo to buy large stake in United Spirits at Rs 1,464 per share
Diageo, the world’s largest spirits company by revenue, is set to sign a term sheet with UB Group to buy ......
Infrastructure
Bombay HC dismisses SUN-AREA's appeal against CLB order in Rustomjee case; PE firm approaches SC
The Bombay High Court has dismissed an appeal by real estate dedicated private equity firm SUN-AREA Property Partners (formerly SUN-Apollo) ......
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