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Grapevine: T Rowe, D1, Discovery Capital may back Paytm; Doodhwala shuts

General

15 October, 2019

Grapevine: T Rowe, D1, Discovery Capital may back Paytm; Doodhwala shuts

Leading US-based asset management firms and hedge funds T Rowe Price, D1 Capital and Discovery Capital are in talks to ......

Grapevine: TPG, others eye Yes Bank stake; UTI AMC's IPO in six months

General

07 October, 2019

Grapevine: TPG, others eye Yes Bank stake; UTI AMC's IPO in six months

Yes Bank is in talks with global private equity firms — TPG, The Carlyle Group and Farallon Capital — for ......

Amazon in talks to buy into Spencer's Retail; PVR eyes Wave Cinemas

General

30 August, 2018

Amazon in talks to buy into Spencer's Retail; PVR eyes Wave Cinemas

Online retailer Amazon is in discussions to pick up a minority stake RP-Sanjiv Goenka Group’s retail chain Spencer’s Retail, a ......

Bain, Radiant eye stake in Max Healthcare; PE firms mull buying into Ess Kay

General

14 August, 2018

Bain, Radiant eye stake in Max Healthcare; PE firms mull buying into Ess Kay

Bain Capital and KKR-backed Radiant Life Care are in separate talks to buy South Africa-headquartered Life Healthcare Group Holdings' 47.5% ......

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UTI AMC's local, foreign shareholders spar over extending chief Leo Puri's term

Finance

06 August, 2018

UTI AMC's local, foreign shareholders spar over extending chief Leo Puri's term

The fate of UTI Asset Management Company’s chief executive, Leo Puri, is hanging in the balance as the mutual fund ......

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How much did Blackstone make from fresh Mphasis partial exit?

TMT

14 May, 2018

How much did Blackstone make from fresh Mphasis partial exit?

Blackstone Group has struck its second partial exit from Mphasis Ltd within two years of its investment, taking out bulk ......

Flipkart suffers yet another valuation markdown

TMT

03 March, 2017

Flipkart suffers yet another valuation markdown

Just when Flipkart Internet Pvt. Ltd was consolidating its position under the new CEO Kalyan Krishnamurthy, a fresh bout of ......

Morgan Stanley slashes Flipkart valuation to $5.39 bn

TMT

28 February, 2017

Morgan Stanley slashes Flipkart valuation to $5.39 bn

Indian e-commerce firm Flipkart has suffered its second markdown in as many months with a mutual fund managed by Morgan ......

Fidelity joins Morgan Stanley in slashing Flipkart's valuation to $5.6 bn

TMT

25 January, 2017

Fidelity joins Morgan Stanley in slashing Flipkart's valuation to $5.6 bn

Fidelity Rutland Square Trust II, the mutual fund managed by Fidelity Investments, has lowered the value of its investment in ......

Vanguard trims stake value in Flipkart again

TMT

02 December, 2016

Vanguard trims stake value in Flipkart again

A mutual fund managed by US-based investment firm Vanguard Group has marked down the value of its stake in Flipkart ......