Last month, Blackstone had acquired Aadhar Housing Finance, an affordable housing finance firm, from WGC and others, including DHFL.(Shutterstock) AddThis Sharing Buttons Global private equity giant Warburg Pincus Group is acquiring a nearly 80 per cent stake in education NBFC Avanse Financial Services from Dewan Housing Finance Corporation (DHFL) and Wadhawan Global Capital (WGC). WGC is one of the promoter ... Read More »
Mumbai: German engineering conglomerate Siemens’ financing arm has signed a pact with Greenko group to acquire 46% stake in its 200 MW-Poovani wind powerproject, German conglomerate said on Monday. This is SiemensNSE 0.61 % Financial Services’ first investment in a wind farm in Asia. Its group company Siemens Gamesa Renewable Energy is building the project for Greenko. “Completing our first equity investment in ... Read More »
HIGHLIGHTS Google has acquired GraphicsFuzz The startup offers graphics testing tools Its team is set to join Google’s Android Graphics Team Google has acquired GraphicsFuzz, the company that offers graphics testing tools. As a result of the acquisition, the GraphicsFuzz team – comprising founders Alastair Donaldson, Hugues Evrard and Paul Thomson – will be joining Google’s Android Graphics Team. The latest ... Read More »
Piramal Realty, the real estate arm of Ajay Piramal-led Piramal Group, said on Tuesday (03rd October) that it has acquired a premium 13008 sq.mts. (3.2 acres) the land parcel in Mulund, Mumbai from rival Nirmal Lifestyles for an amount of Rs 153 crore. This land parcel is located, adjacent to Piramal Revanta – an existing residential project in the central ... Read More »
Mahindra & Mahindra Financial Services has bought a part of Aye Finance’s, non-banking finance company (NBFC) licensed by RBI, portfolio under a securitisation deal. The financial terms of the deal were not disclosed. Through this deal, which was facilitated by IFMR Capital, Aye has further diversified its funding sources, having raised money last year through equity and more recently through ... Read More »
PremjiInvest, the investment arm of Wipro Chairman Azim Premji, on Monday bought 3.26 percent stake in Kishore Biyani’s Future Lifestyle Fashions Ltd (FLFL) for nearly Rs 196 crore through open market transactions. As per the block deal data available with NSE, PI Opportunities Fund 1, part of PremjiInvest, today purchased 62 lakh shares, or 3.26 percent stake, in FLFL. The ... Read More »
Twitter last week purchased Yes and named the mobile app startup’s CEO, Keith Coleman, as its new VP of product — a challenging post. Coleman will be Twitter’s third VP of product this year and the fifth since 2014. Twitter’s main problems are monetization, which has plagued it since its founding; slowing user growth; and stiff competition. Those encouraged by ... Read More »
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