Sunday, February 2, 2020

Morgan Stanley managed fund to invest Rs 190cr in Centrum Housing

Morgan Stanley managed fund to invest Rs 190cr in Centrum Housing The infusion by a fund run by Morgan Stanley Private Equity Asia will lead to the private equity (PE) giant acquiring a "significant minority stake" in CHFL, which began operations in April 2017, the companies said in a joint statement without disclosing how much the equity dilution will be.

from Moneycontrol Business News https://ift.tt/2S524HW

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Adani Group stocks slide up to 14% on US SEC heat

Adani Group stocks saw a sharp decline on Friday. This followed news that the US SEC is seeking court permission to email summons to founder...