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Mumbai: Warburg Pincus-backed housing finance company Truhome Finance ( formerly Shriram Housing) has filed draft papers with capital markets regulator SEBI to raise Rs 3,000 crore through an initial public offering.The IPO will comprise a fresh issue of equity shares of face value Rs 10 aggregating up to Rs 1,500 crore and an offer for…
Chip Kaye, Chief Executive Founder, Warburg MUMBAI: Warburg Pincus’s global chairman Chip Kaye said India is one of the ‘best constructive ecosystems’ that the PE giant has built over the last 30 years that the US-headquartered private equity major has been in the country.In this period, Warburg Pincus had made 80 investments in India. In…
MUMBAI: Warburg Pincus is in talks to sell its 26% stake in IndiaFirst Life Insurance, a move that could value the Mumbai-based insurer at over Rs 10,000 crore, as changes to insurance laws widen the pool of potential buyers and ease control-related constraints.The private equity firm, through its affiliate Carmel Point Investments India, holds about…
NEW DELHI: Bharti Enterprises and Warburg Pincus on Wednesday announced a strategic investment in Haier India, a subsidiary of Chinese consumer electronics maker Haier Group, picking up a collective 49% stake in the company. This is the second major Chinese company to have sold a sizeable stake in its Indian business after MG Motor, a…
