BUSINESS
Exclusive | Zomato Eyes $8.7 billion valuation at listing, IPO launch likely in mid-July
Zomato is awaiting SEBI approval for the IPO and is planning to launch by mid-July, sources share.
BUSINESS
Exclusive | PharmEasy in talks to buy Thyrocare for around Rs 7,000 crore
The deal is likely to be announced soon given the IPO timelines of PharmEasy’s parent, API Holdings, people with direct knowledge of the development said.
TRENDS
Rakesh Jhunjhunwala bullish on commodity cycle and PSU banks, especially SBI
Ace investor Rakesh Jhunjhunwala, India’s Big Bull, says SBI has several growth drivers as economy recovers and credit growth picks up. The partner of Rare Enterprises says commodities cycle is here to stay for five years.
BUSINESS
Top fund managers write to Infosys board, pitch for Nandan Nilekani's return
According to the signatories of a letter to the board, Nilekani enjoys the confidence of customers, stakeholders and employees and his return to the board would instill credibility.
