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General
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 ......
Infrastructure
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 ......
Infrastructure
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 ......
General
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 ......
Infrastructure
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 ......
Consumer
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 ......
General
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 ......
Healthcare
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 ......
Manufacturing
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 ......
Consumer
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 ......