Sunday, September 30, 2018

KKR, Blackstone may acquire stake in Shriram Group for $3 billion: Report

KKR, Blackstone may acquire stake in Shriram Group for $3 billion: Report As per the report, before the deal, Shriram Capital, the group holding company, would have to finalise plans for a three-way merger with its publicly traded arms: Shriram Transport Finance and Shriram City Union Finance

from Moneycontrol Business News https://ift.tt/2NQLyfv

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RBI holds repo rate, flags supply chain risks to inflation & growth

The Reserve Bank of India maintained its key policy rate at 5.25% due to ongoing West Asia tensions, warning of supply chain disruptions imp...