BITS Pilani is close to buy out its partner ETA Star Group's stake in Dubai Campus for R100 Cr. The institute is planning for an expansion to reinvent itself as a teaching and research institute, according to ET.
BITS Pilani will take over the rights to manage the infrastructure for the Dubai campus. The buy-out will lead to exit for ETA star from Dubai JV.
Private equity firm Kedaara capital and Partners Group have teamed up to acquire the mortgage firm Au Housing Finance for Rs. 950 crore ($139 million). The deal will give Kedaara Capital a ready platform to launch its home finance business.