Warbug Pincus News Today

Institutional sellers sold up to a 5% stake in CarTrade Tech for around Rs 200 crore through a block deal on Friday, with Axis Securities as the banker. The company has no promoter holding, with a significant portion of shareholding held by institutional shareholders. Mutual funds and foreign portfolio investors held stakes in the company.

Filter Capital, an Indian investment firm focused on technology-led businesses, has announced the final close of its debut fund at about $100 million.

JLR, a key customer for Tata Technologies, could have been impacted by Brexit-related uncertainties, feared the private equity major

Next is spending £128m to buy a further 21% stake in premium high street retailer Reiss despite recent reports it was considering selling its investment.

The penalty is with respect to acquisition of stake by the company in Bharti Telemedia from Warbug Pincus affiliate entity Lion Meadow Investment Limited. “We submit that the Competition Commission of India, vide its order dated August 23, 2023, has imposed a penalty amounting to Rs 1 crore under Section 43A of the Competition Act, 2002,” Bharti Airtel said in a regulatory filing.

“We submit that the Competition Commission of India, vide its order dated August 23, 2023, has imposed a penalty amounting to Rs 1 crore under Section 43A of the Competition Act, 2002,” Bharti Airtel said in a regulatory filing.

Stress testing involves simulated scenarios to determine how well banks, investment portfolios, and whole economies fare under adverse conditions.

At Warburg Pincus, Narayan focused on investment opportunities in digital and fast-growing businesses across the consumer internet, software, fintech and services sectors in India

The number of companies going public for the first time has been on a steady decline in 2022, but the energy sector seems to be the exception

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero