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NEW VERNON CAPITAL
Trump's false claims about the 2020 election are casting a shadow over Georgia's GOP runoffsDonald Trump's persistent claims of a fraudulent 2020 election continue to dominate Georgia's Republican primaries, influencing candidates ...
Quote of the Day by Martha Washington: “I am still determined to be cheerful…” — inspiring lesson on staying positive in tough times by America’s first First LadyMartha Washington, the first First Lady of the United States, shared a simple message about staying happy in all situations. Her life had b...
Apple CEO Cook is lauded by investors as he prepares for new roleApple CEO Tim Cook will step down after nearly 15 years, with hardware chief John Ternus taking over. Cook, 65, will transition to executiv...
Amagi Media IPO anchor book draws Rs 805 crore from Goldman Sachs, Societe Generale and othersAmagi Media Labs has secured Rs 805 crore from anchor investors before its upcoming IPO. India's top mutual funds led the anchor book. The ...
Indian Hotels Q2 Results: Profit jumps 37% YoY to Rs 179 croreIHCL reported revenue from operations of Rs 1433 crore for the quarter ended September 30 this year, up from Rs 1233 crore in the previous ...
Godrej Fund arm puts two assets on the blockThese marquee properties include a total of 200,000 sq ft office space spread across three floors in commercial project Godrej BKC and an i...
Varde Partners to acquire two commercial assets in NCR at over Rs 1,000 croreThe deal is expected to be worth more than Rs 1,000 crore, with the complex in Gurugram’s Udyog Vihar costing Rs 600-700 crore. The buildin...
Rural fintech startup Jai Kisan raises Rs 30 cr from NABARD-back fund, othersFounded by Arjun Ahluwalia and Adriel Maniego, Jai Kisan is a fintech platform for rural emerging markets that facilitates a suite of finan...
Godrej PE arm may buy new Vernon’s IT Park at Thane for Rs 400 croreCurrently, monthly lease rentals at this IT park are about Rs 55-55 per sq ft, which takes the annual rentals income to Rs 36 crore to Rs 4...
Motilal Oswal Private Equity invests Rs 100 crore in Updater ServicesUpdater has operations across the country with a very strong presence in south India and caters to over 700 clients across industries such ...
Sarovar Hotels sells majority stake to Europe's Louvre HotelsAfter the deal, Louvre Hotels' Golden Tulip Hotels business will merge with Sarovar Hotels.
Private equity investments in realty tops $5 billion in 2015Private Equity Real Estate (PERE) firms deployed over $5 billion in Indian real estate companies and projects – the highest since the finan...
PEs warm up to realty, investment jumps over Rs 11,000 crore in H1Private equity investments in the real estate sector jumped nearly three-fold to over Rs 11,000 crore in January-June of this year.
Canada Pension may buy Chennai IT park for Rs 1,500 crore: SourcesCanada Pension Plan Investment Board is close to buying an IT park in Chennai jointly owned by Shapoorji Pallonji and New Vernon Capital fo...
Shapoorji Pallonji, New Vernon to sell stakes in 3 IT Parks for Rs 2000 croreThe real estate arm of Shapoorji Pallonji Group has a chain of IT parks in special economic zones, called SP Infocity, across the country.
- ICICI arm buys Vernon's 40% in Updater Services
ICICI Venture has picked up New Vernon Bharat’s 40% stake in Chennai-based Updater Services (UDS), India’s largest integrated facility mana...
- Foreign funds plns to invest Rs 56.9 cr in Prime Securities
Foreign private equity funds New Vernon Private Equity Ltd and ICG Q Ltd will invest Rs 56.9 crore in Prime Securities Ltd.
- Provogue raises Rs 146 crore via preference issue
Provogue India (Ltd) has raised Rs 146.25 crore by placing preference shares with six investors at Rs 450 per share.
- US Equity fund to invest USD 10 mn
The company also had plans to foray into into North Indian states, he said.
- NVC picks up 50% stake in IIL
New Vernon Capital, a $ 1.4b India-dedicated fund floated by former -Merrill Lynch honcho Arshad Zakaria, has picked up 50% stake in Intell...