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With the government withdrawing the blanket pass-through taxation status of private equity(PE) funds based in the country, domestic funds appear to be rejigging their portfolios smartly. ICICI Venture made a partial exit from seven listed companies in its portfolio in … […] 3i Group Plc, Europe's biggest publicly traded buyout and venture capital firm, plans to raise $5 billion for a fund to invest in Indian ports, power plants and roads, two people with knowledge of the plan said. The initial target … […] India’s largest private carrier Jet Airways said it had clinched a deal on Thursday to take over domestic rival Air Sahara after an earlier proposed $500-million agreement collapsed. The takeover valued at Rs14.5 billion ($337.8 million) will be India’s largest … […] The sons of Dabur India chairman VC Burman—Mohit and Gaurav—are floating a private equity fund to invest in Indian companies. Even though a source close to Mohit Burman said it was premature to comment on the fund, an international media … […] The world’s largest listed player in the private equity (PE) and venture capital (VC) business, 3i, is planning a booster shot for India’s infrastructure. The UK-based company has indicated to the Indian government that it would invest over $5 billion … […] Ptarmigan Capital , the alternative asset management firm launched earlier this year, has expanded its staff as it prepares to launch its first fund in India's booming real estate sector. Arvind Bajaj has been hired as principal for … […] The M&A fever seems to be scaling new heights. India has now broken into the league of top 10 markets globally for M&As in the first quarter of this calendar year. […] After parting ways with Morgan Stanley, the Nimesh Kampani-controlled JM Financial has lost no time in developing one of its new focus areas, real estate. The group’s $400-million real estate fund, Infinite Investment Management, has invested close to $60 million … […] E-learning solutions provider, Educomp Solutions, today said it has acquired 76 per cent stake in ThreeBrix E-Services Pvt Ltd. […] India’s IL&FS Realty Fund said on Tuesday it would invest $100 million in a start-up property developer QVC Realty Ltd that would build hotels, homes and townships. IL&FS Realty, the real estate fund of private equity firm IL&FS Investment Managers … […] |