PNB Housing Finance has filed an appeal before the Securities Appellate Tribunal (SAT) to challenge the SEBI's June 18 order to halt its Rs 4,000-crore transaction with a consortium led by private equity major Carlyle.

Global buyout major KKR on Monday announced a $625 million or Rs 4,600-crore investment in deodorant maker Vini Cosmetics for a controlling stake. The private equity major has signed a definitive agreement pursuant to which Vini's founder group led by Darshan Patel, its chairman and joint managing director (JMD), and Dipam Patel, JMD, and Sequoia Capital will sell stakes, as per an official statement.

Progcap, which provides financing solutions for last-mile retailers, on Monday said it has raised $25 million (about Rs 185.3 crore) in equity capital, led by Tiger Global and existing investor, Sequoia Capital India. The company will deploy the proceeds from the Series B round to enhance its services and expand the brand's presence across existing geographies, a statement said.

PSP Projects reported a marked improvement in its Q4 earnings, with revenue growth of 10 percent and a 22 percent rise in profitability. For full management commentary, watch the video.