SynopsisThe consortium led by the Kolkata-based owner of Bandhan Bank trumped the US based Invesco that partnered with buyout firm Warburg Pincus and Kedaara Capital, paying 3.6 percent of the assets under management. The winning group includes Lathe Investment Pte. Ltd, an affiliate of Singapore sovereign wealth fund GIC, and local private equity fund ChrysCapital.AgenciesBandhan…Continue Reading

Colombo (Sri Lanka), Apr 06 (ANI): Sri Lankan Former Civil Aviation Minister Arjuna Ranatunga on April 06 lauded PM Modi for helping Sri Lanka amid the economic crisis. “PM Modi was very generous to give the grant to start Jaffna International Airport. India has been an elder brother to us. They are looking at our…Continue Reading

Mumbai: Auto components major Motherson Sumi Systems Ltd (MSSL) on Wednesday said it has successfully completed the acquisition of a majority stake in Bengaluru-based CIM Tools Private Ltd. In October last year, MSSL had announced acquiring a 55 per cent stake in CIM Tools Private Limited (CIM), which is a leading supplier in the aerospace…Continue Reading

Ukrainian soldiers inspect a destroyed house, amid Russia’s invasion of Ukraine, in Bucha, in Kyiv region (Reuters)LONDON: Britain on Wednesday announced what it described as a “significant ratcheting up” of sanctions on Russia, including a full asset freeze on the country’s largest bank Sberbank and end to all new British outward investment into Russia. It…Continue Reading

Chief Minister Pema Khandu said that Arunachal Pradesh has acquired two HAL-built Dornier aircrafts for air-service within the state “On this festival of ‘happiness’ let us all resolve to make Arunachal Pradesh a happy state,” beckoned Chief Minister Pema Khandu joining the Mopin celebrations at Tarajuli near here today. Khandu recalled the old times, when…Continue Reading

1/2 Former Trump White House trade adviser Peter Navarro pictured Aug. 28, 2020. A U.S. House committee plans to vote Wednesday on whether to refer criminal contempt of Congress charges against Navarro to the Justice Department. Photo by Stefani Reynolds/UPI | License Photo April 6 (UPI) — The U.S. House select committee investigating the Jan.…Continue Reading

1/5 “Orphan Black” star Tatiana Maslany attends the 70th annual Primetime Emmy Award in September 2018. AMC Networks has greenlit an “Orphan Black” spinoff series. File Photo by Christine Chew/UPI | License Photo April 6 (UPI) — AMC Networks announced on Wednesday that it has greenlit an Orphan Black spinoff series titled Echoes that will…Continue Reading

A 34-year-old Utah woman died after falling 20 feet near the Ledges Camp (pictured) in Grand Canyon National Park on Monday, the National Parks Service confirmed Tuesday. Photo by National Parks Service/UPI April 6 (UPI) — A woman from Utah has died after an accidental fall at the Grand Canyon, the National Parks Service confirmed…Continue Reading

1/4 The rise in gas prices has corresponded with Russia’s invasion of Ukraine, which prompted a surge in crude oil prices President Joe Biden has also banned imports of Russian-made oil to tighten the screws economically against Moscow for its bloody campaign. File Photo by Terry Schmitt/UPI | License Photo April 6 (UPI) — Democrats and…Continue Reading