This is not the first attempt by ChrysCapital to make a comeback of sorts in its pharma portfolio post a partial or complete exit. In 2015, ChrysCapital exited Mankind Pharma by selling its 11 percent stake to Capital International for $214 million. But in April 2018, it staged a sensational return to the Manforce condoms maker when it pipped global private equity giants to pick up a 10 percent stake in the firm for $350 million. At the time, it was the largest private equity deal in the Indian pharma space. … [Read more...] about Exclusive | PE firm ChrysCapital to buy out Capital International’s stake in Intas Pharmaceuticals
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According to the petition, the Mistry group firm has sought remedies for many anomalies in the NCLAT order, including about not looking at alleged oppression of minority shareholders as well as converting Tata Sons into a private limited company as a post-facto move. … [Read more...] about SC issues notice to Tata Sons on cross-appeal of Mistry group firm against NCLAT order
In Wipro, after CEO Vivek Paul's exit in 2005, Azim Premji assumed the role for three years till 2008. Between 2008 and 2011, the company was led by Girish Paranjpe and Suresh Vaswani, both of them old-timers, who quit in 2011 on grounds of personal reasons. By then, Wipro's growth began to slump. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?
> AI 1202: Dhaka to Srinagar (13.45)> AI 1826: Srinagar to Delhi (16.30)> AI 1317: Manila to Mumbai (16.45)> AI 1325: Kuala Lumpur to Bengaluru (19.00)> AI 1317: Mumbai to Vishakhapatnam (20.30)> AI 1906: Riyadh to Kozhikode (20.30)> AI 1908: Damma to Kochi (20.30)> AI 1902: Abu Dhabi to Vishakhapatnam (20.45)> AI 1904: Dubai to Bhubaneswar (21.15)> AI 1404: Kochi to Chennai (22.00)> AI 1305: Jakarta to Delhi (22.00)> AI 1325: Bengaluru to Ahmedabad (22.15)> AI 1401: Visakhapatnam to Hyderabad (22.45)> AI 1403: Kozhikode to Mumbai (23.00) … [Read more...] about Repatriation flights on May 24: Daily updates on arrivals, departures under Vande Bharat Mission
Asians of varying national backgrounds have suffered a surge of attacks this year, which activists linked to the pandemic's emergence in China. Some said they feared harassment could worsen in a US election year, with US-China tensions ratcheting up over trade, Hong Kong and the coronavirus. … [Read more...] about US Asians, harassed over coronavirus, push back on streets, social media