JSPL buys stake in Gujarat NRE Oz arm

The Financial Express 28 May 2012 New Delhi: Jindal Steel and Power will acquire a little over 10 per cent stake in Gujarat NRE Coal’s Australian subsidiary, Gujarat NRE Coking Coal Ltd, for AUD 25 million (about Rs 135 crore). Besides, JSPL will also buy 5...

Warburg Pincus to buy Future Capital for $100-125 m

The Indian Express 4 June 2012 US private equity firm Warburg Pincus is set to buy a majority holding in Indian financial services firm Future Capital Holdings for $100-125 million, two sources with direct knowledge of the matter told Reuters on Sunday. Future...