By choosing the spatula over spreadsheets after her NYU Stern School of Business MBA, Pooja Bavishi broke free from the typical script of a Gujarati immigrant in the US.
Birla Sun Life, Max Life initiate merger talks; new life insurance giant could soon be in the making
Birlas have been on the lookout for scaled franchise for long while Singh has been open to monetising his investments.
Continental reported total revenue of Rs 709.3 crore for FY16, up 18.2% from the year before. Net profit stood at Rs 94.86 crore, while ebitda was Rs 105 crore.
The proceeds will mostly be used to buy out existing investors such as Apollo Global Management, Aion, Goldman Sachs, Bank of America Merrill Lynch and IDFC Alternatives.
Sanjeev Sinha has been appointed as adviser for the Ahmedabad-Mumbai High Speed Rail project by Japan Railways, estimated to cost about Rs 1 lakh crore.
The co is finalising financing, structuring terms with a clutch of global banks and consulting cos ahead of the deadline, which was scheduled for this month-end.
Misra was emphatic that SoftBank will continue to bet on hungry founders, but acknowledged that founders' egos often come in the way.
Hong Kong-headquartered CLP has also held discussions with Reliance, said a company official on condition of anonymity, but Greenko is believed to be the front-runner.
Schneider has teamed up with Temasek, the Singapore's state investment company for the buyout, while Eaton has re-engaged after their 2011 bilateral discussions with L&T, fell through.
On Tuesday, the group announced an additional Rs 880-crore payout to minority shareholders of Essar Oil who had tendered shares during a delisting in 2015.
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