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Warburg Pincus to invest in India developer

Thursday, July 23, 2015 - 05:50

New York

THE private equity firm Warburg Pincus is set to make another big move into India by taking a stake in a real estate developer backed by one of the country's major conglomerates.

The firm said on Tuesday that it would invest about US$284 million into the developer, Piramal