TPG has pipped rival private equity investors to acquire a stake of slightly over 40% in Sai Life Sciences — a Hyderabad-based provider of drug discovery, development and manufacturing services — for around $135 million, or Rs 900 crore, people directly aware of the matter said.
Maruti Suzuki hikes prices of cars across modelsThe price change is being undertaken, “owing to increase in commodity and distribution costs and adverse foreign exchange rates,” a company representa… Read MoreRupee slides 26 paise to close below historic 70-mark on trade deficit worriesThe 9.3 per cent fall in the rupee this year has already led to a surge in local prices of goods with an imported component. July was the ninth straig… Read MoreMercedes-Benz to hike prices by up to 4% next monthThe rising inflation due to geo-political dynamics, coupled with rising input costs and increasing forex rates has been exerting significant pressure … Read MoreBillionaires and the guru burn through Rs 14K cr
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via IFTT… Read MoreAs rupee falls, consumer durables may see hike"The rupee crossing 70 per dollar is putting a lot of pressure on us in terms of input costs. We are evaluating the impact on us, and if it remains li… Read More
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