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Two PE firms seek face-saver returns from Religare Finvest bet amid legal row

By Swet Sarika

  • 12 Dec 2017
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Two PE firms seek face-saver returns from Religare Finvest bet amid legal row
Credit: Thinkstock

Private equity firms Jacob Ballas and Resurgence PE Investments Ltd have dragged financial services company Religare Enterprises Ltd to court seeking to protect their investments in its non-banking finance unit, Religare Finvest Ltd.The development comes as a fresh blow to Religare Enterprises, controlled by brothers Malvinder and Shivinder Singh. The ......

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