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Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

General

15 September, 2020

Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

The capital markets regulator has approved the setting up of IL&FS’ infrastructure investment trust (InvIT) that would...

‘Developing Asia' to shrink for first time in nearly six decades: ADB

Economy

15 September, 2020

‘Developing Asia' to shrink for first time in nearly six decades: ADB

The coronavirus pandemic will cause economic output in "developing Asia" to shrink for the first time in nearly six...

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Former Goldman exec's White Oak Capital ropes in CEO from Motilal Oswal AMC

Finance

14 September, 2020

Former Goldman exec's White Oak Capital ropes in CEO from Motilal Oswal AMC

White Oak Capital Management, a boutique investment management and advisory firm set up by former Goldman Sachs executive Prashant...

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Strides Pharma, founder return to injectables biz seven years after Mylan deal

Healthcare

14 September, 2020

Strides Pharma, founder return to injectables biz seven years after Mylan deal

Strides Pharma Science Ltd and the family office of its founder have set up a new company to mark their ......

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Manappuram-controlled Asirvad Microfinance to raise money from German impact investor

Finance

14 September, 2020

Manappuram-controlled Asirvad Microfinance to raise money from German impact investor

Asirvad Microfinance, majority owned by Manappuram Finance, will raise about Rs 220 crore (€25 million) in external commercial...

S&P expects India's economy to contract 9% in FY21

Economy

14 September, 2020

S&P expects India's economy to contract 9% in FY21

S&P Global Ratings said on Monday that it was expecting India's economy to shrink by 9% in the fiscal year ......

Grapevine: Carlyle may invest in Reliance Retail; JSW Steel eyes insolvent firm

General

14 September, 2020

Grapevine: Carlyle may invest in Reliance Retail; JSW Steel eyes insolvent firm

After Silver Lake, Carlyle Group is looking to invest up to $2 billion (Rs 14,663 crore) in Reliance Retail Ventures ......

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Embassy COO Aditya Virwani on Indiabulls merger, industry consolidation and more

Infrastructure

14 September, 2020

Embassy COO Aditya Virwani on Indiabulls merger, industry consolidation and more

After listing India’s first real estate investment trust (REIT) through Embassy Office Parks in April 2019, Jitendra Virwani-led Embassy Property ......

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Nalanda Capital-backed Thyrocare to appoint first new CEO in 25 years

Healthcare

11 September, 2020

Nalanda Capital-backed Thyrocare to appoint first new CEO in 25 years

Thyrocare Technologies Ltd, which has been led since 1995 by founder Arokiaswamy Velumani, is set to get a new chief ......

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Value Lens: Why Silver Lake-backed Reliance Retail towers over global biggies

Consumer

11 September, 2020

Value Lens: Why Silver Lake-backed Reliance Retail towers over global biggies

Reliance Industries Ltd’s retail unit will certainly surprise global brick-and-mortar giants in the segment with a relatively...

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