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Consequently the transaction cannot be challenged, according to industry sources familiar with Future's strategy, in case of a legal confrontation. "Future Retail (FRL) is not party to the case," said one of the people cited. FRL is the flagship food and grocery business of the Future Group that houses Big Bazaar, Easyday, HyperCity and Nilgiris.
Paytm loan to help fund Vijay Shekhar Sharma’s Raheja QBE dealAn early closure of the Paytm-Raheja QBE deal, which was announced nearly a year ago, is crucial for the Paytm IPO slated for November this year.
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… Read More‘Carlyle deal for PNB Housing unfair to small shareholders’ A report by SES, an institutional investor advisory firm, has alleged that the whole process of preferential allotment in PNB Housing Finance to global PE major Carlyle was ultra vires of law and is against the minority shar… Read MoreIT largecaps could be ready to break out after a quiet 5 monthsNifty IT Index Well Above Key Moving Averages Infy, TCS, L&T Info & HCL Tech are analysts’ top picks
from Stocks-Markets-Economic Times https://ift.tt/3gcZnA8
… Read MoreCautious cos cut loans by Rs 1.7 lakh cr amid CovidAccording to a research report by State Bank of India, the top 15 sectors, from more than 1,000 listed entities, reported a debt reduction of 1.7 lakh crore during FY21. In percentage terms fertilisers, cement products, consu… Read MoreStocks in news: GAIL, Tata Motors, BoB, Max Financial, Religare Enterprises and DHFLAdani Enterprises has incorporated a wholly-owned subsidiary company for manufacturing wind turbine generators.
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