Omaxe raises Rs 440 crore from Varde Partners to expedite construction, expand business
NEW DELHI: Realty firm Omaxe on Tuesday said it has raised Rs 440 crore from Varde Partners to expedite construction of its existing projects as well as expand business. Omaxe Group is developing integrated townships in New Chandigarh, Lucknow, Ludhiana, Indore and Faridabad. It is also developing a multilevel parking cum commercial project in PPP […]
PNB to sell stake in PNB Housing to General Atlantic, Varde Partners for Rs 1,851 crore
NEW DELHI: State-run Punjab National Bank (PNB) on Friday said it will sell its partial stake in PNB Housing Finance to global private equity firm General Atlantic Group and alternative investment firm Varde Partners for Rs 1,851.6 crore. PNB has entered into agreements in relation to the said transactions Friday, the public sector bank said […]