23.10.14

Warburg invests Rs 1,200cr in Kalyan Jewellers

US private equity giant Warburg Pincus is investing Rs.1,200 crore ($196 million) in Kalyan Jewellers-the biggest investment in the country's jewellery manufacturing distribution sector. The investment will give Warburg a 10% stake and a board seat in the Kerala based company owned by T S Kalyanaraman.

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