MUMBAI: Present shareholders in 4 firms are planning to promote their stakes by block trades on Wednesday, aiming to mobilise about Rs 3,500 crore, sources mentioned. Personal fairness main TPG is promoting its whole 2.1% stake in Tata Applied sciences, which may fetch about Rs 630 crore. By one other block commerce, CA Daybreak Investments,…
WestBridge Capital on Tuesday bought a 12.4 per cent stake in Aptus Worth Housing Finance, amounting to Rs 1,906 crore, by way of an open market transaction.The personal fairness agency, one of many promoters of Aptus Worth Housing Finance, executed the sale by means of its funding arm, WestBridge Crossover Fund LLC. In keeping with…
Enterprise debt remained flat in 2024 at $1.2 billion, the identical because the earlier 12 months. It, nonetheless, grew at a compound annual development fee (CAGR) of 58% between 2018 and 2024, in line with the International Enterprise Debt Report 2025 by Stride Ventures, a enterprise debt agency, and international administration consulting agency Kearney. The…
