Carlyle set to acquire 5.91% stake in SpiceJet
The stake sale against SpiceJet’s outstanding dues is expected to significantly reduce the cash-strapped airline’s debt burden
3 August, 2023•1 min
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3 August, 2023•1 min
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RBI wants IndusInd Bank promoters, the Hindujas, cut to size
After successive controversies and growing unease over promoter influence, the central bank is reshaping the lender—starting with management, moving to its board and tightening the screws on ownership.
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