Japan-based Yamato Steel is buying 15 per cent stake in Jindal Steel & Power Ltd (JSPL) for Rs 2,500 crore ($374.1 million), London-based independent asset manager The Capital Partnership (TCP) has acquired Cerestra Advisors from Religare Enterprises, and Mohandas Pai, Ranjan Pai and others have launched a real estate investment fund of Rs 250 crore ($37.4 million).
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