Ankit Doshi
Finance
Avendus' Ocean Dial hires former Enam exec to co-head India equity arm
UK-based Ocean Dial Asset Management, which was acquired by financial services firm Avendus Group in 2017, has appointed a top ......
Finance
Fairfax exits 18-year investment in ICICI Lombard, clocking modest returns overall
Canadian investor Fairfax Financial Holdings Ltd has sold its remaining stake in India’s largest private non-life insurer ICICI Lombard General ......
Finance
Former KPMG exec floats valuation advisory firm, to go on hiring spree
A former KPMG executive, who co-founded a boutique advisory firm last year, has floated another firm that will offer valuation ......
Infrastructure
GIC tastes another lemon as it exits shipping firm with big haircut
Singapore sovereign wealth fund GIC Pte Ltd, one of the most active foreign investment firms in India, has exited a ......
Manufacturing
Fairwinds PE cooks up a poor exit from kitchen appliances maker
Fairwinds Private Equity, formerly known as Reliance Equity Advisors, has exited a kitchen appliances maker with a haircut as it ......
TMT
Rakesh Jhunjhunwala buys minority stake in PE-backed telecom operator
Rakesh Jhunjhunwala, one of India’s top stock market investors and founder of investment firm Rare Enterprises, has placed a rare ......
Manufacturing
Hedge fund Abakkus picks up stake in PE-backed engineering equipment maker
A hedge fund set up by a former top executive at Reliance Capital Ltd has bought a minority stake in ......
Finance
Fairfax sells half its stake in ICICI Lombard, earns modest returns
Canadian investment firm Fairfax Financial Holdings Ltd has sold half its stake in ICICI Lombard General Insurance Company Ltd, as ......
Consumer
Sam Zell's Equity International, others to sell stake in India operator of Marriott, Hyatt hotels
Gurugram-based SAMHI Hotels Ltd, which operates the largest number of Marriott and Hyatt hotels in India, has filed draft papers ......
TMT
Online ticketing giant IRCTC seeks $721 mn valuation via IPO
State-run Indian Railway Catering and Tourism Corp. (IRCTC), which provides online ticketing service for the world’s fourth-biggest rail network, is ......