Shopping mall owners to build new projects; looking for acquisition despite COVID-19In a panel discussion on retail sector organized by Naredco, senior officials of DLF, Phoenix, Nexus Malls and Virtuous Retail said sales i...
26 Nov, 2020, 05.35 PM IST
Tata Realty exits two non-strategic assets for Rs 700 crThe Tata Group company has sold these malls to private equity firm Xander Group’ retail arm Virtuous Retail for around Rs 700 crore, said t...
10 Dec, 2019, 12.41 PM IST
Raymond surges 20% on plans to demerge core lifestyle businessThe move will create two separate companies — a new and existing business.
08 Nov, 2019, 03.40 PM IST
Raymond to demerge core lifestyle businessRaymond Thursday announced the demerger of its core lifestyle business which will create two separate companies—the new one housing the cor...
08 Nov, 2019, 11.05 AM IST
Xander’s Virtuous Retail Buys 20-acre Raymond land parcel in Thane for over Rs 710 croreVirtuous Retail South Asia is looking to invest additional $240 million or over Rs 1,700 crore to develop the site, taking its total invest...
09 Oct, 2019, 11.35 AM IST
Virtuous retail in talks to acquire 2 malls from TatasTRIL will be exiting the two mall properties, totaling 1.15 million square feet, in Amritsar and Nagpur. TRIL owns 90% stake in these asset...
01 Apr, 2019, 11.15 AM IST
Dutch fund-backed company acquires stake in north Delhi Metro mallVirtuous Retail is a joint venture between Singapore-based Xander Group and the Dutch institutional investor. Its India Chapter is based in...
20 Apr, 2018, 08.23 AM IST
Virtuous enters Delhi real estate, to invest up to Rs 800 croreIn a first round of funding it has invested about Rs 350 crore while total investment would go up to Rs 800 crore, two people familiar with...
19 Apr, 2018, 09.12 PM IST
Xander-backed Virtuous Retail raises $175 million new equity from APGThe new equity raise augments the existing growth capital commitment the founding partners made in late 2016.
16 Nov, 2017, 06.38 PM IST
Retail realty back on PE radar with investment over $724 million in the first nine months of 2017This investment includes all types of investment such as platform and entity-level deals as also acquiring stakes in leading malls across c...
25 Oct, 2017, 11.44 PM IST
Xander's retail arm looks to expand portfolioThe deal for the Mohali mall took place within six months of the creation of the Virtuous Retail South Asia platform worth $450 million wit...
23 Aug, 2017, 11.18 AM IST
Xander’s retail arm acquires mall in Mohali for Rs 700 croreThe deal also includes paying down existing debt of the mall owner, a joint venture between Sun Apollo and US-based retail operator Gumberg...
03 May, 2017, 12.12 AM IST
We plan to grow over $3 billion in assets in India over 3-5 years: Sachin Doshi of APGThe €445-billion pension fund APG's MD, Sachin Doshi, talks about APG’s India strategy, the government’s demonetisation move and the impact...
01 Dec, 2016, 11.52 AM IST
APG partners with Xander to form $450 million joint venture in retail real estate sectorThe two partners will have equal representation on the board of the new company which will be chaired by Sid Yog, the founder of Virtuous R...
04 Nov, 2016, 11.04 AM IST
Venus Remedies gets additional US patent nod for VancoplusDrug firm Venus Remedies received additional patent approval from USPTO for its product 'Vancoplus', used for treating bacterial infections.
26 May, 2014, 03.26 PM IST
Venus Remedies gets patent from Mexico for antibioticThe patent has been granted by Mexico Patent office and is valid till February 2026, Venus said in a release.
29 Oct, 2012, 01.12 PM IST
- Venus Remedies gets Australian patent approval for Vancoplus
Drug firm Venus Remedies today said it has received approval from the Australian Patent office (APO) for its product 'Vancoplus'.
10 Apr, 2012, 02.10 PM IST