Centrum Housing Finance Limited has entered into an agreement to raise Rs 190 crore of equity from a fund managed by Morgan Stanley Private Equity Asia. CHFL said that the fund managed by Morgan Stanley Private Equity Asia will be the “first external institutional investor” in the company. Arjun Saigal, co-Head of Morgan Stanley Private Equity Asia in India, said …
Shares of NIIT zoomed nearly 20 percent on Monday as funds affiliated with Baring Private Equity Asia will buy about 30 percent stake in NIIT Technologies from the company and other promoter entities for about Rs 2,627 crore New Delhi: Shares of NIIT zoomed nearly 20 percent on Monday as funds affiliated with Baring Private Equity Asia will buy about …
NIIT Ltd holds about 23% stake, while founders Rajendra Pawar and Vijay Thadani with their families hold around 7% shares in NIIT Technologies New Delhi: Funds affiliated with Baring Private Equity Asia will buy about 30 percent stake in mid-sized IT services firm NIIT Technologies from NIIT Ltd and other promoter entities for about Rs 2,627 crore, as per a …