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VERITAS INVESTMENTS
Local legal eagles answer the 130-billion-dollar questionsIndian law firms are busier than ever, advising on thousands of deals worth billions. This activity spans mergers, private equity, and vent...
US-based fintech Candescent bets on India for product developmentCandescent, a US-based fintech, is doubling down on the India market and expanding to three cities: Hyderabad, Mumbai, and Bengaluru. The c...
SoftBank-backed Cohesity in $3 billion deal for Veritas' data protection unitSoftBank Group -backed Cohesity told Reuters on Wednesday it agreed to acquire the data protection business of information technology compa...
Veritas Finance raises Rs 1,200 croreVeritas Finance Private Limited has raised Rs1,050 crore from Multiples Private Equity along with its co-investors including International ...
Chennai-based Veritas raises Rs 200 crores from Norwest Venture Partners in Series D roundThe company currently has a loan book of Rs 530 crore. Arulmany said the he expected the loan book to increase to over Rs 800 crores in FY1...
Norwest Venture buys into VeritasFounded in 2015 by D Arulmany, Veritas Finance lends to micro, small and medium enterprises in India. It has a loan book of Rs 496 crore, t...
MSME lender Veritas raises Rs 120-cr round led by UK govt’s CDC GroupThe CDC Group has committed to further invest Rs 35 crore separately in debt, taking the total fund raise by Veritas Finance to Rs 155 cror...
Chennai-based Veritas Finance gets Rs 30 crore from Sarva Capital, othersIt will use the funds for expansion as well as increasing the range of financial services, besides using a sizable amount of the capital fo...
Veritas Investment Research winds up India business; Cites loss of reputation due to FIRsCanada-based stock research firm says there is no meaningful progress in cases filed by Indiabulls firms yet.
Gurgaon police hunting for analyst Neeraj Monga following Indiabulls' complaintRealty and financial services group alleged that Monga sent emails demanding $50,000 to suppress the adverse report.
Veritas man Nitin Mangal who clobbered Indiabulls taken in custodyThe development assumes significance as this is the first time that an analyst of an equity research firm has been arrested in India.
Veritas' next report on an India company will be a buy report: Neeraj MongaIn an exclusive interview Neeraj Monga of Veritas said that report will inform the general investor in India what to look for when investin...
- We are not fly-by-night operators: Neeraj Monga, Veritas Investment Research
The entire debate in the media is veered towards Veritas being at the forefront of a bear cartel and nothing could be further from the trut...
- Veritas denies charges of report on Indiabulls group being orchestrated
Stating that Veritas stands by its report, Neeraj Monga told ET Now that the full report on Indiabulls will be released 'as and when the ti...
Veritas casts doubt on Indiabulls group, management to initiate criminal proceedingsVeritas in a research report said that the sole purpose of Indiabulls Real Estate is to benefit select investors, which the company denied.
- Investors have overvalued prospects of DLF: Neeraj Monga, Veritas Investment Research
In a high inflation environment like India there are significant issues related to economic growth, its currency and account deficit.
Veritas hammers DLF, doubts realtor's accounts; says stock worth just Rs 100After ripping apart RIL, RComm and KFA, independent equity research firm Veritas has trained its guns on debt-laden property developer DLF.
- RIL, RCOM, Nortel and Yellow Media Inc subject to scathing remarks from Canada-based research analyst Neeraj Monga
Last week Monga along with another Veritas analyst wrote that RCom is the "poster child of everything that is wrong with Corporate India".
- Canadian firm Veritas targets Mukesh and Anil Ambani in a report on Reliance Communications
The report has also alleged that RCOM, the telecom arm of junior Ambani, has inflated its profit and some key ratios.
- Geophysique to buy Veritas for $3.1 bn
French oilfield services group Compagnie Generale de Geophysique is to buy Texas-based Veritas in a $3.1bn deal, to merge their seismic bus...