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Bangalore-based Nitesh Estates has announced that New York-based Och-Ziff Capital Management Group has picked up 25 per cent stake in the company for $51 million. Och-Ziff Capital Management Group is a global hedge fund with assets worth $21 billion, including investments in the UK football club Manchester United and is making its first Indian ...

IDEB Projects Pvt. Ltd., a Bangalore-based construction and property development company, has raised $32 million from a private equity placement with U.S.-based Samsara Capital, the Indian firm said. IDEB is is developing over 8 million sq. ft. of land, in infrastructure, residential and industrial projects, it said. Samsara Capital, a ...

Bangalore Feb.15 The city-based real estate developer DivyaSree Developers Pvt Ltd has received $100 million from TPG-Axon Capital, a global investment firm managing over $7 billion in capital, to pick up a minority stake in the company. According to a company release, the funding of TPG-Axon will be utilised towards accelerating the development ...

Dubai-based realty company Emaar group is all set to invest Rs 10,000 cr in developing malls in India through its joint venture company Emmar MGF Ltd. Mr Susil Dungarwal from Prestige group has been roped in to head the mall business. Emaar-MGF, which is now developing malls in the North (Delhi & Jaipur) has plans to create a pan-India ...