Everstone-backed Indostar Capital wins tax case, but with riders

By Ankit Doshi

  • 08 May 2019
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Credit: Thinkstock

Everstone Capital may not be able to fully exit non-banking finance company Indostar Capital Finance Ltd for the next two-and-a-half years after a court asked the private equity firm to set aside some shares as security in a dispute with Indian tax authorities. The tax department had last year imposed a ......

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