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Elevation Capital-backed beverage firm runs out of juice, enters bankruptcy

Consumer

09 March

Elevation Capital-backed beverage firm runs out of juice, enters bankruptcy

A Finnish packaging materials maker has pushed a Vadodara-based fruit juice maker into bankruptcy. Huhtamaki Oyj has dragged...

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Belgian impact investor to take reins of IL&FS PE fund

Healthcare

09 March

Belgian impact investor to take reins of IL&FS PE fund

A Belgian impact investor with healthcare bets in India is set to take over the management of IL&FS’s only operational...

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Packaging firm Cilicant Chem raises first external round of funding

Packaging firm Cilicant Chem raises first external round of funding

Cilicant Chem Pvt Ltd, which provides desiccant-based packaging solutions to pharmaceutical and food sectors, has raised its first...

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Ambit Pragma accelerates wind-down process after demise of key exec

People

08 March

Ambit Pragma accelerates wind-down process after demise of key exec

The untimely demise of a key executive has hastened the wind-down process of mid-market private equity firm Ambit Pragma, currently...

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Tano Capital, Apax Partners sell stakes in Mumbai based private lender

Finance

08 March

Tano Capital, Apax Partners sell stakes in Mumbai based private lender

India and China based Tano Capital has turned in 3.5X returns from the sale of the bulk of its stake ......

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PE-backed claims processor Vidal Healthcare buys company to boost presence in north

Finance

08 March

PE-backed claims processor Vidal Healthcare buys company to boost presence in north

Vidal Healthcare Services Pvt Ltd, which processes insurance claims, has bought one of the largest players in the segment to ......

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Estée Lauder in talks to buy controlling stake in India investee co

Consumer

08 March

Estée Lauder in talks to buy controlling stake in India investee co

US-based cosmetics maker Estée Lauder is in talks to take control of a homegrown personal care brand in which it ......

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Lenders clear JSW Steel bid for bankrupt Bhushan Power

Lenders clear JSW Steel bid for bankrupt Bhushan Power

After over three years of bankruptcy, Bhushan Power and Steel now stands closer to resolution with lenders okaying JSW Steel’s...

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Blackstone Tactical Opportunities Fund eyes stake in Sify Technologies

TMT

05 March

Blackstone Tactical Opportunities Fund eyes stake in Sify Technologies

A global fund managed by Blackstone Group Inc. is looking to pick up a minority stake in Nasdaq-listed Sify Technologies ......

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Weekly Deal Wrap: Wipro's cash splash dwarfs all others

Finance

05 March

Weekly Deal Wrap: Wipro's cash splash dwarfs all others

Wipro loomed large during a dry spell for deal volumes in the first week of March, with the information technology ......