Carlyle Group LP acquired a 9 percent stake in Mumbai-based brokerage India Infoline Ltd., the second investment by its Asian buyout fund in the nation.
India Infoline Ltd. , an Indian brokerage, advised Money Matters Financial Services Ltd. for a sale of shares to large investors this year and hasn’t used the securities firm for debt syndication or lending money.
Nirmal Jain, chairman of brokerage India Infoline Ltd., comments on the outlook for Indian stocks in an interview with Bloomberg UTV today.
India Infoline Ltd. climbed in Mumbai trading after the Carlyle Group LP acquired a 9 percent stake in the Mumbai-based brokerage.
Nirmal Jain, Chairman of brokerage India Infoline Ltd., comments on the outlook for the country’s equities in an interview with Bloomberg UTV.
India Infoline Ltd. tumbled for a fourth day in Mumbai trading after the brokerage posted lower earnings.
Following is a table showing commercial paper dealt by Indian companies. The data has been provided by Trust Financial Consultancy Services.