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People | 7 May 2013

Sandeep Gupta Joins As MD Of IDFC's Corporate Finance Division

by Charmi Gutka
 
@charmi
IDFC has appointed Sandeep Gupta as MD of Corporate Finance Division of @IDFC_Capital_L.

In a new role, Sandeep will look after financial services and financial sponsors. Prior to joining IDFC, Sandeep was director at Credit Suisse in Mumbai.

General Atlantic Plans To Exit IBS Software

IBS Softwares Services plans to issue IPO to provide an exit to General Atlantic, ET states.

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Matrix Partners Part Exits Muthoot Finance

Matrix Partners India LLC has sold a major part of its investment in gold loan company Muthoot Finance Limited for a consideration of INR 836.9 Mn in the open market. The firm sold 4.85 Mn shares amounting to 1.22% stake in the company at a unit price of INR 172.53. Also Government of Singapore picked up 0.87% stake for INR 603.5 Mn.

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