Tag Archives: PVE

BENGALURU, July 27 (Reuters) – Shares of India’s Mahindra and Mahindra (MAHM.NS) fell nearly 7% on Thursday after the conglomerate’s stake purchase in private lender RBL Bank (RATB.NS) raised concerns about the rationale of its capital allocation strategy. Analysts at Macquarie said that the investment and Mahindra’s intention to invest …

BENGALURU, July 27 (Reuters) – Top shareholders of Indian drugmaker Cipla (CIPL.NS) are in talks to sell a part of their stake in the company to private equity players including Blackstone (BX.N) and Baring Asia, Moneycontrol reported on Thursday. The company is not aware of any event that requires disclosure …