CVC has an exclusivity agreement with ValueLabs, founded in 1997 by Arjun Rao Donakanti (87% owner). Promoters may retain 15–20% and management will continue running the firm.
US stocks today: Dow Jones drops over 500 points as Middle East tensions escalate
Wall Street closed lower as Middle East tensions and rising oil prices triggered inflation concerns and profit booking. Financials and tech stocks led declines, though