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Sunderaj set to join Peninsula-Brookfield's domestic realty fund

General

18 May

Sunderaj set to join Peninsula-Brookfield's domestic realty fund

Aanandjit Sunderaj, the chief executive officer of Karvy Realty Ltd, is all set to jump ship and join the domestic ......

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Suzlon to raise $300M via FCCB to repay existing ones

Suzlon to raise $300M via FCCB to repay existing ones

Tulsi Tanti-promoted Suzlon Energy Ltd is looking to raise $300 million via foreign currency convertible bonds (FCCBs) to repay its ......

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3i India Infrastructure Fund's asset value falls 15.2%

3i India Infrastructure Fund's asset value falls 15.2%

3i India Infrastructure Fund has seen 15.2 per cent drop in asset value during FY12 to $181.2 million, the company ......

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Edelweiss launches distressed asset, PIPE funds

General

17 May

Edelweiss launches distressed asset, PIPE funds

Edelweiss Financial Services has added another $190 million to its alternative asset management business as it launched three new funds ......

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JM Financial puts rental yield fund on backburner

JM Financial puts rental yield fund on backburner

Financial services group JM Financial’s plans to raise its real estate-dedicated rental yield fund of Rs 500 crore for investments ......

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Assam Co. to sell tea estate to repay FCCB holders

Consumer

17 May

Assam Co. to sell tea estate to repay FCCB holders

Debt-laden Assam Co., a BSE-listed tea manufacturer, is looking to sell its biggest tea estate at Salonah, the company’s board ......

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IFC eyes $75M stake in listed NBFC

General

18 May

IFC eyes $75M stake in listed NBFC

International Finance Corporation (IFC) is looking to invest $75 million or Rs 400 crore in an unnamed public-listed NBFC (non-banking ......

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Piramal Healthcare to buy US-based Decision Resources Group for $635M

Piramal Healthcare to buy US-based Decision Resources Group for $635M

One-and-a-half years after Ajay Piramal sold the formulations business of the group flagship Piramal Healthcare to US-based Abbott Laboratories in ......

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StanChart PE eyes secondary exit from Powerica

StanChart PE eyes secondary exit from Powerica

(SCPE) is looking for additional options to sell its four-and-a-half-year-old investment in generator manufacturer Powerica Ltd. The Mumbai-based firm had filed ......

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Cox & Kings raising $140M for overseas arm Prometheon

Consumer

17 May

Cox & Kings raising $140M for overseas arm Prometheon

Travel services firm Cox & Kings Ltd is raising up to $140 million (Rs 760 crore) from an unnamed institutional investor for ......