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Opinion: The PharmEasy saga: An SOS call and a billionaire's low ball, ET Retail

The media has been abuzz with the news of a 90% down round of API Holdings Limited - the holding company for Pharmeasy - Indias largest online pharmacy. PharmEasy plans to raise around Rs 2,400 crore through a rights issue at a 90% discount to its peak stock price to repay its loan from Goldman Sachs. As per Industry sources, Billionaire Ranjan Pais family office is offering to buy 18% for INR 1000 crores along with other private equity firms TPG and Temasek.
Ranjan Pai Imagefirst Byjus Warren Buffett Lal Pathlabs Aarman Solutions Private Cardinal Health

Gujarat: Teen Lovers End Lives After Failing in Class 10 Exams, Bodies Found In Sabarmati River

A 17-year-old boy and 16-year-old girl died by suicide by drowning themselves in Ahmedabads Sabarmati, police said. The reason of suicide is stated as the two had failed their Class 10 exams and also both had some dispute in their relationship, as per the police. The girl was a native of a village in Kheda and the boy was a native of a village in Daskroi taluka of Ahmedabad district., Ahmedabad News, Times Now
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Hinduja Realty Ventures leases three floors in Tata Communications' office tower in Mumbai, ET RealEstate

Hinduja: The company will be paying lease rentals of Rs 250 per sq ft a month for nearly 50,000 sq ft office space on first, second and third floor of the tower. The company will be paying monthly rentals of Rs 1.15 crore.
Andhra Pradesh United States Gera Commerzone Hinduja Group International Tech Park Representative Image Imagethe Hinduja Group

Skyrocketing Tomato Prices: Thieves Steal Tomatoes Worth Rs 3 Lakh From Karnataka Farm

Tomatoes worth Rs 3 lakh were stolen from a farm overnight in Karnataka's Hassan district on Tuesday night. According to the police, 90 boxes of tomatoes were stolen from the farm, worth Rs 3 lakh. Skyrocketing tomato prices have created a law and order issue in the state of Karnataka, after bugging the Indian household., India News, Times Now
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