By M Sriram
Cidambi has worked extensively with corporate boards and senior management teams in Asia, Europe and the US, with deep experience in restructuring operations.
This also marks Warburg Pincus’s first investment in the microfinance sector in India.
Edelweiss Global Wealth and Asset Management comprises wealth and asset management, asset reconstruction and credit funds.
CapFloat Financial Services Pvt. Ltd, which owns Capital Float, has held talks with South Africa’s Naspers.
NCLT directed Ravi Parthasarathy, A.K. Saha, Hari Sankaran, G. Ramachandran, R.C. Bawa, S. Rengarajan, Mukund Sapre, Pradeep Puri, and Vibhav Kapoor to disclose their assets in an affidavit.
Last October, Ola had raised $1.1 billion from SoftBank and Tencent, among others.
The private equity firm stepped in after Shapoorji Pallonji backed out from buying the 10-storey building in Mumbai’s latest financial district.
Global infrastructure fund I Squared Capital is creating a new renewable assets platform that will acquire and develop utility-scale projects.
An unrivalled all-stock offer is what it took Hindustan Unilever Ltd to stave off several suitors for GlaxoSmithKline Consumer Healthcare Ltd.
London-based Indian origin director of KKR Credit, Varun Khanna, has also been made a managing director.