CHENNAI PRESS NEWS

L&T Finance Holdings and Apis Partners announce equity investment of up to US$ 110 million byApis Growth Fund II [1] into L&T IDF, a leading infrastructure refinancing firm in India Apis Growth Fund II (the “Fund”), a private equity fund managed by Apis Partners LLP (“Apis”), has entered into a binding agreement to acquire a minority stake in L&T Infra Debt FundLtd. (“L&T IDF”), a specialised re-financier of operating infrastructure projects in India with a loan book of ~Rs. 8,000crore [2] and 0% 2 non-performing assets since inception L&T IDF is a subsidiary ofL&T Finance Holdings Ltd. (“LTFH”), part of the Larsen & Toubro Group, one of the largest Indian multi-national engineering and infrastructure conglomerates, with businesses spanning engineering, construction, electrical and electronics manufacturing , IT and financial services Apis Growth Fund II’s investment will support the growth of L&T IDF’s loan book across a numbe...

Xiaomi launches its latest smartphones Redmi Y3 and Redmi 7 in Chennai. Also Unveils new range of smartphones, internet services and showcases ecosystem products CHENNAI, INDIA, 25 April 2019 — Xiaomi , India’s number one smartphone brand and number one smart TV brand, launched its all-new Redmi Y3 and Redmi 7 in the city of Chennai. Adding to the excitement, Xiaomi also showcased the brand’s recently launched smartphones - Redmi Note 7 series, Redmi Go,   internet financial service Mi Pay. Xiaomi also showcased recently announced Mi TVs which include the Mi LED TV 4X PRO (55) and Mi LED TV 4A PRO (43), as well as ecosystem products such as Mi Home Security Camera Basic 1080p and Mi Men’s Sports Shoes 2 which have gained widespread popularity across India.   Muralikrishnan B, Chief Operating Officer, Xiaomi India showcasing the models The newly introduced Redmi Y3 builds on a legacy created by the Redmi Y1 and Y2 series, with its 32MP selfie camera swee...