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Avendus' Ocean Dial hires former Enam exec to co-head India equity arm

Finance

17 October

Avendus' Ocean Dial hires former Enam exec to co-head India equity arm

UK-based Ocean Dial Asset Management, which was acquired by financial services firm Avendus Group in 2017, has appointed a top...

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ShareChat backers SAIF, India Quotient bet on new social networking app

TMT

17 October

ShareChat backers SAIF, India Quotient bet on new social networking app

SAIF Partners and India Quotient, which were early investors in homegrown vernacular social media platform ShareChat, have invested...

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How rich Indians' exposure to alternative assets changed last year

Finance

17 October

How rich Indians' exposure to alternative assets changed last year

Wealthy Indians poured more money into alternative assets in the year through March in their quest for high returns, with ......

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TVS Capital weighs floating alternative investment fund for new asset class

Finance

17 October

TVS Capital weighs floating alternative investment fund for new asset class

Homegrown private equity firm TVS Capital Funds Pvt. Ltd is looking into the possibility of floating an alternative investment...

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Fairfax exits 18-year investment in ICICI Lombard, clocking modest returns overall

Finance

17 October

Fairfax exits 18-year investment in ICICI Lombard, clocking modest returns overall

Canadian investor Fairfax Financial Holdings Ltd has sold its remaining stake in India’s largest private non-life insurer...

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KKR elevates Ashish Shastry to co-head Asia private equity business

Finance

16 October

KKR elevates Ashish Shastry to co-head Asia private equity business

Global alternative assets manager KKR & Co. has promoted Ashish Shastry, its Southeast Asia head, to co-lead its private equity...

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Medi Assist Insurance scouts for equity funding after dropping IPO plan

Markets

16 October

Medi Assist Insurance scouts for equity funding after dropping IPO plan

Medical claims manager Medi Assist Insurance TPA Pvt. Ltd is looking to the private markets for equity funding to let ......

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Company watch: Ching's Secret maker sees biz turnaround but needs to spice up profit

Consumer

16 October

Company watch: Ching's Secret maker sees biz turnaround but needs to spice up profit

Capital Foods Pvt. Ltd, which makes and sells food products and ingredients under the Ching’s Secret and Smith & Jones...

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General Atlantic takes a bigger bite of restaurant chain operator

Consumer

16 October

General Atlantic takes a bigger bite of restaurant chain operator

Private equity firm General Atlantic has increased its stake in an Indian company that operates a chain of restaurants, a ......

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As profit turns to loss, can Mytrah Energy sail against the wind?

Infrastructure

16 October

As profit turns to loss, can Mytrah Energy sail against the wind?

When sorrows come, they come not single spies. But in battalions. So said King Claudius in William Shakespeare’s masterpiece...