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ChrysCapital Sells 11% Stake In Mankind Pharma For $200 Mn

Home-grown private equity giant ChrysCapital has sold its existing 11 per cent stake in Delhi-based Mankind Pharma to Capital International Private Equity Fund for $200 million in a secondary transaction.

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KKR To Buy Majority In Avendus Capital

US private equity giant KKR has signed a definitive agreement to buy a majority stake in Avendus Capital, a homegrown investment bank headquartered in Mumbai

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Startups Brace Yourselves, Shakeout In Investments Expected

Mass layoffs may become a common phenomenon in the startup ecosystem where ventures are currently doling out huge remuneration and roping in executives from the corporate world

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Disequilibrium | The Ever Present Danger Of Twisted Ideology

In the immediate aftermath of 26/11 terror attacks which brutalised India's collective psyche, I met Prithvi Raj Singh Oberoi, chairman of Oberoi Hotels whose properties in SoBo had been brought to their knees by the fidayeen buddy pairs. Oberoi himself was at Taj Land's End that fateful night col

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ICICI To Sell $296 Million Stake In Life Unit To Temasek, Premji

Last year in December, Azim Premji Trust agreed to buy 0.95 per cent of HDFC Standard Life Insurance. Premji is the third-richest Indian according to Forbes rankings

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Banks Have $380 Billion Market Opportunity In Financial Inclusion: Report

New business models, enabled by digital technologies, are helping banks write a new rulebook for what is possible

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Will Nitish Continue On The Path Of Reforms?

Haider Ali Khan The Mahagathbandhan of JD(U) and RJD recently trounced the BJP-led NDA in Bihar to claim a landslide two-thirds majority in the Bihar Assembly giving JDU chief, Nitish Kumar a third term.

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Prem Ratan Dhan Payo May Cross Rs 100-crore Mark By Sunday

Prem Ratan Dhan Payo's two-day collections overshoot Bajrangi Bhaijaan's two-day collection and is on way to cross Rs 100 crore mark by Sunday or even before that.

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BRICS Call On G20 To Work Harder On Economic Policy Cooperation

The BRICS group of emerging nations called on the Group of 20 (G20) top developed and developing nations on Sunday (15 November) to strengthen their macroeconomic policy cooperation to prevent bad effects from a weak global economy and reduce risks to growth.

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Insurgency-Hit Tripura Tea Industry Sees Revival

The century-old tea industry in Tripura, which was nearly destroyed by the three-decade-old insurgency, is back on its feet with the restoration of peace and harmony

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