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Brookfield has entered into exclusive talks for the acquisition and will pay about Rs Rs 4,200-Rs 4,500 crore – about Rs 3.5 crore/MW, said a source. Actis is said to be another contender for Mahindra Susten’s assets. EY is running the sale mandate.
Asian stocks under pressure amid resurgent virus fears"There's a bit of worry there and also at what we're seeing in America and in Europe regarding the virus and how it seems to be taking hold pretty significantly again," said Grant Williamson, investment adviser at Hamilton Hi… Read MoreCFO, three others allege fraud at Sambandh FinserveThe whistleblowers said that the management has inflated the company’s assets under management through fictitious loans and also diverted funds to other entities.
from Stocks-Markets-Economic Times https://ift.tt/3dwMD5Z
… Read MoreStocks in the news: HCL Technologies, Federal Bank, IDBI Bank and Mindtree Life Insurance Corporation of India (LIC) is keen to divest its stake in IDBI Bank, ET NOW reported quoting government sources.
from Stocks-Markets-Economic Times https://ift.tt/3j7w29H
… Read MoreS&P 500 ends lower as investors eye stimulus impasseThe Dow Jones Industrial Average fell 0.07% to end at 28,494.2 points, while the S&P 500 lost 0.15% to 3,483.34.
from Stocks-Markets-Economic Times https://ift.tt/3k25b08
… Read MoreIndian companies may get nod to list in 7 countriesThe ministry of corporate affairs (MCA) and the department of economic affairs have agreed to do away with the contentious clause of dual listing, which required a company to list in India as well as overseas.
from Stocks-Ma… Read More
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