India Digest: Muthoot Microfin stake sale; IL&FS looks to sell arm; K Raheja Corp-GIC land buy

India Digest: Muthoot Microfin stake sale; IL&FS looks to sell arm; K Raheja Corp-GIC land buy

Creation Investments Capital Management is close to acquiring a stake in Muthoot Microfin, while (IL&FS) is initial talks to sell a controlling stake in its capital markets arm, IL&FS Securities Service. Also, K Raheja Corp and Singapore’s sovereign wealth fund GIC are close to acquiring Siemens India’s 3-acre plot in Mumbai.

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