Ashwin Ramarathinam
Stories by Ashwin Ramarathinam
Indiabulls Ventures to raise $80m from US fintech investor Ribbit Capital, others
Indiabulls Ventures will issue 33.6 million shares, representing about 5.5% shareholding, to six investors.
India’s Yes Bank trims stake in CG Power after KKR and L&T Finance
Yes Bank offloaded an 8.27% equity stake in the debt-laden CG Power & Industrial Solutions for $10m.
India’s L&T Finance exits CG Power by selling 8.4% stake for $10m
The shares were bought by Blue Diamond Properties and Singularity Holdings.
India: KKR, L&T Finance reduce stake in CG Power
The two firms sold over 46.6 million shares in CG Power via open-market transactions.
India: PE firm Westbridge Capital acquires IndiGo shares worth $74.5m
Westbridge Capital bought a 1.41 per cent stake in InterGlobe Aviation Ltd, which runs India's biggest airline IndiGo.
Goldman Sachs Singapore PTE sells 0.75% in India’s TVS Motor
The shares were disposed off at an average price of Rs 417.05, valuing the transaction at Rs 147.95 crore.
India: Nomura, Capital Group acquire $46.2m shares of Mindspace REIT
Blackstone Group Inc-backed Mindspace Business Parks REIT gained as much as 12 per cent on Friday.
India: Adani Electricity sells shares in Yes Bank worth $26.9m
Adani Electricity Mumbai sold 15 crore shares at an average price of Rs 13.45 apiece.
Oman India Joint Investment Fund II buys 1.63% stake in DCB Bank
The stake is valued at Rs 42 crore.
Warburg Pincus sells $69m stake in India’s AU Small Finance Bank
According to the latest information on the stock exchange, Warburg Pincus held 6.84% in the bank.
