Warburg Pincus exits Apollo Tyres by offloading Rs 1,072 crore worth stake

May 22, 2024

The leading global PE firm offloaded about 3.5% stake or 2.24 crore shares. Goldman Sachs, Morgan Stabley, Mirae Asset MF, Societe Generale, Citigroup, ICICI Pru MF bought stakes. Mutual funds have a significant 16.77% stake and foreign investors hold about 17.61% stake as of March 2024.

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Govt to tap AI for mapping supply chains and investment clusters

India’s upcoming Statistical Business Register (SBR) will leverage AI and analytics to map supply chains, identify investment clusters, and guide logistics infrastructure investments. Privacy and

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India can regain 7% growth by FY28: Chief Economic Advisor V Anantha Nageswaran

India’s Chief Economic Advisor V Anantha Nageswaran stated the nation can achieve over 7% growth this fiscal year, driven by policy measures and structural reforms.

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