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India: Endurance Tech makes stock market debut at 20.8% premium

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Its Rs.1,160 crore initial public offer (IPO) was subscribed 43.7 times last week.

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Photo: Pradeep Gaur/Mint
Photo: Mint
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China’s Fosun to launch private equity business in India

Fosun has hired Rahul Raisurana, a former managing director at Standard Chartered Private Equity’s India unit, to head the operation. Raisurana, who quit Standard Chartered in 2013, also served as director and head of credit risk management at Deutsche Bank AG’s India unit.

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VG Siddhartha, chairman of Coffee Day Enterprises that runs Cafe Coffee Day outlets. Photo: Priyanka Parashar/Mint