Apollo Tyres block deal: Warburg Pincus arm likely to sell 3.5% stake for Rs 1,040 crore
The floor price for the block deal will likely be Rs 460-465 per share
Source: moneycontrol.com
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The Godrej group playbook for an amicable split - The Hindu BusinessLine
How a 127-year-old business group split with dignity and harmony
Source: thehindubusinessline.com
Rane Holdings: Rane Holdings consolidated Q4 PAT at ₹38cr | Chennai News
Rane Holdings reported a consolidated net profit of Rs 38.4 crore for Q4FY24, recovering from a loss. Total revenue was Rs 874.4 crore, down 8%, with EBITDA at Rs 87.6 crore, a 23.4% decrease. Full-year net profit was Rs 149.6 crore, up 71.4%, with an EBITDA margin of 9.5%.
Source: indiatimes.com
Artemis Medicare: Hospital chain Artemis Medicare raises Rs 330 crore from IFC
Artemis Medicare Services has raised Rs 330 crore from IFC to increase bed capacity and introduce advanced specialty services. The company plans to set up cardiac care centers, expand in tier 2 and 3 cities, and in the Delhi NCR region through brownfield and greenfield opportunities. Artemis operates 713 beds in the Delhi NCR region and runs seven centres under the Artemis Cardiac Care brand in a joint venture with Philips.
Source: indiatimes.com
Meet man, born in Pakistan, moved to India and founded Rs 33000 crore firm, his father wanted just Re 1…
After working at several jobs in the US, Onkar came back to India in 1964 and joined his family business. After a few years, the family decided to expand to business and venture into tyre manufacturing.
Source: dnaindia.com