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MUMBAI: Government of Singapore Investment Corporation (GIC) and IDFC are close to buying about 25% stake in Quipo Infrastructure Equipment (QIEL) for $50m. A large part of the investment will go to Quipo’s telecom infrastructure business, sources told ET.
Both … […] JM Financial India Fund, a USD 200 million (about Rs 9,000 million) private equity fund sponsored by JM Financial and Old Lane Partners, has decided to make two new investments, reports Business Standard. JM Financial India Fund, a US$ 200 million corporate private equity fund, sponsored by JM Financial Limited and Old Lane Partners LP, shall invest Rs.120 crore in the Sona Group (with an option to invest another Rs.40 crore at a … […] MUMBAI/BANGALORE: US private equity giant Providence is buying a minority stake in Rajan Raheja’s Asianet Satellite Communications, Kerala’s largest cable operator, as rising growth and expanding reach make cable firms a valuable property. A source close to the negotiations said … […] There are big bucks to be made in the beauty business. With this realisation, the private equity fund Indivision has invested Rs 50 crore into the prominent beauty major VLCC for an undisclosed equity stake. The fund infusion will help … […]
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