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Opportunity India Desk Aug 14 2022 - 2 min readBig Bull of the Dalal Street, one of the most prominent investor in Indian stock market and Founder of the budget airline Akasa Air Rakesh Jhunjhunwala passed away on Sunday. One of the richest among riches in India, Jhunjhunwala was 62. He was declared brought dead to the Breach Candy Hospital in Mumbai around 6:45 ...
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Franchise India Bureau Jul 20 2019 - 2 min readRitesh Agarwal, Founder and Chief Executive Officer of Oyo Hotels and Homes, has purchased $2 billion in shares from venture capital firms Sequoia Capital and Lightspeed Venture Partners. This transaction has taken up Agarwal’s stake in OYO from nearly 10% to 30%. After the buyback of $2 billion shares, the fast-growing Indian hospitality chain OYO has garnered a valuation ...
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Franchise India Bureau May 15 2018 - 2 min readAs the bidding war for India’s second-largest hospital chain shows no signs of ending, Manipal Hospital Enterprises Pvt. Ltd has revised its offer for Fortis Healthcare Ltd for a fourth time, despite the target company’s board picking a winner last week. Manipal, backed by private equity giant TPG, increased its offer ...