As the negative China sentiment intensifies, JSW Group's Partth Jindal has said the company will bring down imports to zero in the next two years. Private equity firm KKR has picked up controlling stake in JB Chemicals. CARE Ratings has predicted 6.4% contraction in India GDP in FY21. Here are top headlines of the day:
KKR to acquire 54% controlling stake in JB Chemicals for Rs 3,750 crore
KKR to acquire 54% controlling stake in JB Chemicals for Rs 3,750 crore
Global investment firm KKR & Co. Inc. will pick up a controlling stake in Mumbai-based branded formulation player JB Chemicals and Pharmaceuticals (JB Chemicals). As part of the deal, KKR will