Global private equity (PE) firms are successfully offloading large equity stakes in domestic companies in the open market, taking advantage of buoyant conditions.
Strong domestic liquidity support and an upward trending market have underpinned over a dozen PE exits worth $2.5 billion, data compiled by Business Standard shows.
The figures exclude PE exits during maiden share sales and shares sold by strategic investors, such as SoftBank and Ant Group in new-age companies.
Palghar: 1 Year After Cyrus Mistry s Tragic Accident, NH 48 Still Faces Risks freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
If Cyrus s protestations of having no knowledge of his imminent dismissal are to be taken at face value, he was extraordinarily naive and insulated from the ground reality.
There were enough straws in the wind to suggest that his relations with Ratan were fast deteriorating to a point of no return.
Terming it a “publicity interest litigation”, the Bombay High Court on Tuesday dismissed with costs a PIL seeking a court-monitored investigation into the death of former Tata Sons chairman Cyrus Mistry, in which Dr Anahita Pandole is an accused.