Private equity firm ChrysCapital raises $700 million for its continuation fund to maintain its shareholding in NSE. Investors can exit or transfer stakes. HarbourVestPartners, LGT Capital Partners, Pantheon Ventures involved in successful investment monetization.
A century-old Baobab tree on SV Road, Santacruz (west), was chopped off for Metro 2 B works. The cutting of the large tree created controversy as authorities did not consider relocating the rare species. Metro 2B line is expected to reduce travel time by 50-75%.
Police arrested five persons for allegedly stabbing a man to death and injuring his friend over a fight about paying the bill for tandoori chicken. The incident took place in Mumbai. Learn more about the details here.