Investors
Indian firm LIC cuts stake in Bharat Forge
Indian state-run insurance firm Life Insurance Corp (LIC) sold a 2.001% stake in Pune-based metal forger Bharat forge in a deal valued at INR150.53 crore, reducing its total stake in the company to 5.0205%.
Private equity firm Hamilton Lane adds senior execs in Hong Kong office
Private equity asset management firm Hamilton Lane has named Mingchen Xia and Yen Li Chew to add to its Hong Kong office and enhance the presence of the company in the Asia Pacific region.
JPMorgan ceases work on Chinese IPO candidate as US regulators investigate hiring practices- sources
JPMorgan Chase & Co has stopped working on the planned initial public offering of Chinese firm Tianhe Chemicals as US regulators continue its probe of the bank's hiring practices in China, Reuters reported.
Synthelis secures €610,000 initial funding from French investors
French investors provided Synthelis, a company based in La Tronche, France that specializes in the production and characterization of therapeutic targets and antigens, with initial funding of €610,000.