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India Business News: MUMBAI: A company law tribunal has approved the merger between Zee Entertainment Enterprises (Zee) and Sony Pictures Networks India (Sony), paving the. ....
Manipal Group chairman Ranjan Pai is in early discussions to invest in Byju s-owned Aakash Educational Services Limited (AESL).
According to sources in the know, Byju s founder and chief executive officer Byju Raveendran, who owns a 30 per cent stake in Aakash, is expected to partially offload his holding to Pai for $80-90 million (about Rs 650-740 crore).
Raveendran may use the money to repay a large part of the Rs 800 crore loan that Byju s raised from US-based investment firm Davidson Kempner Capital Management in May, after facing a technical default , the sources said. ....
Manipal's Ranjan Pai in talks to invest in Byju's-owned Aakash thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Backstop for debt MFs to provide safety net for investors - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Nomination of financial assets helps in making sure that the intended beneficiary get quick control over the asset. However, can this work in the case of an immovable asset like property? The answer is yes you can go for nomination of your property if it belongs to a popular housing category. ....