Thursday 31 Oct '13Gaja Capital Partners, an India-focused PE firm, has launched a $250-million (R1,533-crore) fund, with the first close of $75 million coming in by end 2013 or early 2014. International Finance Corporation is looking to commit $25 million to Gaja Capital II, the fund that was launched in June 2013.
Tuesday 06 Aug '13Glenmark Pharmaceuticals posted a 64.4% rise in its net profit at Rs 128 crore for the quarter ended June, on the back of higher sales across geographies and specialty formulations business in India.
Friday 31 May '13India’s largest software exporter Tata Consultancy Services (TCS) has hiked the pay package of its chief N Chandrasekaran, raising his monthly salary limit by 50% to R15 lakh against the industry trend of a decline in salary packages. The amount is only the salary component which excludes other benefits, allowances and incentives.
Thursday 04 Apr '13In a scenario where PE firms are finding it tough to exit their old portfolio investments, Standard Chartered Private Equity India has exited its nascent investment in basmati processing firm Bush Foods.