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SEBI probes pump-and-dump racket involving multiple firms, conducts search ops

New Delhi, June 26 -- The Securities and Exchange Board of India is investigating suspicious stock market activities across more than a dozen listed companies in a wide-ranging probe that has uncovere... Read More


Amicus Capital hits final close of second fund, tops target

New Delhi, June 23 -- Private equity firm Amicus Capital said Monday it has hit the final close of its second fund at $214 million (Rs 1,766 crore), exceeding its initial target of $200 million. The ... Read More


Advent International to invest $175 mn in Felix Pharma

New Delhi, June 9 -- Private equity firm Advent International said Monday it has agreed to invest $$175 million (Rs 1,500 crore) to pick up a significant minority stake in Felix Pharmaceuticals Pvt Lt... Read More


RBI rejects PE-backed Annapurna Finance's banking application for second time

New Delhi, June 6 -- The Reserve Bank of India has rejected an application by Annapurna Finance Pvt. Ltd, which counts Piramal Alternatives and mid-market private equity firm Oman India Joint Investme... Read More


Brookfield-backed Leela hotels owner Schloss skids on trading debut

New Delhi, June 2 -- Schloss Bangalore Ltd, the owner of The Leela luxury hotel chain, made a lackluster debut on stock exchanges on Monday as its shares listed at a discount of 6.6% to the initial pu... Read More


Tiger Global, GIC-backed Ather Energy makes tepid stock market debut

New Delhi, May 6 -- Electric scooter-maker Ather Energy Ltd, which counts New York-based alternative investment firm Tiger Global and the sovereign wealth funds of Singapore and Abu Dhabi as its inves... Read More


KPIT Tech to acquire Caresoft Global's engineering solutions unit for $191 mn

New Delhi, May 6 -- Automotive and mobility-focused tech company KPIT Technologies Ltd said Tuesday it has inked a deal to acquire the engineering solutions division of US-based Caresoft Global for up... Read More


Warburg Pincus, ADIA to invest $877 mn in IDFC First Bank

New Delhi, April 17 -- Private equity firm Warburg Pincus and Abu Dhabi Investment Authority, a sovereign wealth fund of the Gulf emirate, will invest a total of Rs 7,500 crore (about $877 million in ... Read More