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Goldman Sachs sharpens push to win Asia SPAC market share: Report

Goldman Sachs is aiming to snare a bigger share of the booming number of Special Purpose Acquisition Company (SPAC) deals in Asia by having senior bankers specifically target these blank cheque transactions across the region.
The initiative was put in place towards the end of last year - but has not been reported - when SPACs started taking off in Asia following rapid growth in these deals elsewhere, including in the United States.
A SPAC typically raises money to acquire a private company with the purpose of taking it public, allowing such targets to move more quickly to the public markets than via a traditional initial public offering. ....

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ReNew Power to provide free Covid-19 vaccination to employees, families

Clean energy firm ReNew Power has decided to provide COVID-19 vaccination free of cost to its 1,500 employees as well as their families.
Assuming a family of five, back-of-the-envelope calculations indicate that ReNew Power would provide vaccination to around 7,500 people across its 110 locations inIndia.
ReNew Power Chairman and Managing Director Sumant Sinha told PTI that the company will bear the full cost of vaccination for its employees and their dependents.
He said ReNew has around 1,500 employees, a majority of whom work across its 110 locations across the country.
In an e-mail written to employees, Sinha said, We want to ensure that all our employees are working in safe conditions, and getting vaccinated is a crucial safety measure in that regard. ....

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