ChrysCapital, a private equity fund investing in India, is investing up to $100 million in New Delhi Centre for Sight, a leading eye care chain, based out of New Delhi. This transaction involves a mix of primary infusion and purchase of the entire stake held by Mahindra Holdings Limited, a wholly-owned subsidiary of Mahindra & Mahindra Limited for acquiring a significant minority stake.
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Union Finance Minister Nirmala Sitharaman on Tuesday (May 14) sounded a cautionary note, highlighting the potential threats posed to household savings by a sudden surge in retail trading in futures and options (F&O). "Any unchecked explosion in retail trading in F&O can create future challenges not just for the markets (but) for investor sentiment and also for household finances.
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BENGALURU: Agile Group Holdings missed an interest payment for its $483 million senior note and warned it may not be able to fulfill all offshore debt payment obligations due to liquidity pressure, the Chinese property developer said on Tuesday. The grace period for the interest payment on the $483 million 6.05% senior notes due 2025, issued in November 2020, had expired.
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