Zandu Chemicals

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PE fund Advent to acquire majority stake in ZCL Chemicals; Morgan Stanley PE to exit via deal

Advent has been investing in India since 2007. In this time, it has deployed over $1.7 billion in 12 companies with headquarters or operations in the country.

ZCL raises Rs 170 cr from Morgan Stanley PE

The equity investment in ZCL, which was formerly known as Zandu Chemicals, will be used for the company's growth, a statement issued said.

Stocks in news: Max India, Dish TV, Hexaware, Cupid, DLF, NALCO

Mahindra and Mahindra | Max India | Dish TV | Hexaware | Tata Steel | Marico | DLF | SRS | Cupid | Ramky Infra | Capital First | NALCO | IndiaNivesh | Hinduja Ventures and Emami are stocks, which are in the news today.