Warburg Pincus may acquire a majority stake in Nuvama Wealth Management as PAG looks to sell its 54% holding, valued at $1.6 billion. JPMorgan and Morgan Stanley are advising on the potential transaction, according to reports.
Indian stock markets surged on Friday, with Sensex and Nifty posting gains exceeding 0.3%. This upward trend was fueled by a calmer Middle East situation,
Cube Highways Trust is set to launch a substantial Initial Public Offering worth Rs 5,000 crore this month, intending to broaden its base of investors.
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