PE firm TPG Asia on Thursday sold its entire stake in wire and cable manufacturer RR Kabel through block deals, according to exchange data. TPG Asia offloaded about 5% stake or just over 56 lakh shares at around Rs 1,701 apiece. This valued the deal at around Rs 958 crore. Marquee funds, including Edelweiss MF, … Read more
The Department for Promotion of Industry and Internal Trade (DPIIT) plans to issue 50 Quality Control Orders (QCO) by the second quarter of FY24 and is in the process to bring aluminium products, lighters, sports goods, potable water bottles and insulated flasks, resin-treated compressed wood laminates and wooden furniture under quality norms, to curb substandard … Read more
Eight phones of the then CBI director Alok Verma and his family members were put in the list of devices targeted for snooping using Pegasus spyware by an unknown Indian agency soon after he was divested of the coveted charge on October 23, 2018, The Wire reported on Thursday. Along with Verma, phones of his … Read more