Sun co-promoter may quit race for Jaypee Infratech
Suraksha Asset Reconstruction, owned by Sudhir Valia (pictured), a co-promoter of Sun Pharmaceutical Industries, is likely to drop out of the race for Jaypee Infratech, according to sources. Read more...
RBI refuses to budge on FPI portfolio limits
The Reserve Bank of India (RBI) is reluctant to relax portfolio-level limits it introduced for foreign portfolio investors (FPIs) last year. Read more...
Lactalis buys Prabhat’s dairy biz for Rs 1,700 cr
Global dairy major Lactalis will buy Mumbai-based Prabhat’s milk business in its third acquisition in India. Read more...