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What does it take to build a business empire?

The Daily Star. I recently had the privilege of reading his memoir,
Making it Big (India Portfolio, 2016), in which he looks back upon his professional journey.
As the book recounts, Binod Chaudhary s family worked primarily in the textile business. Binod s father, the late Shri Lunkaran Das Chaudhary, and grandfather, Bhuramal Chaudhary
, stepped into a valiant journey, walking through the streets of Kathmandu to sell their products. Instead of learning about the world of business through textbooks and academic degrees, ten-year-old Shri Lunkaran started learning the trade from his own father. They set up their first proper clothing shop in 1934. Decades later, in 1968, Shri Lunkaran would start Arun s Emporium, Nepal s first department store catering to women, men, and children. Yet what felt like a dream shattered when he invested in several businesses only to see no promising returns. ....

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Blackstone lines up three IPO exits from India in 2021

Blackstone lines up three IPO exits from India in 2021
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Blackstone is in the process of taking three portfolio firms public, including a US listing for an IT services firm.bloomberg
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Blackstone Group has lined up a robust pipeline of exits from its India portfolio this year. The New York-based alternative assets manager is in the process of taking three portfolio companies public, including a US listing for an IT services company, said two people familiar with the development.
In all, Blackstone is preparing for at least four liquidity events during the year. ....

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