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Nirma Ltd

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Nirma to tap into own funds, debt to buy Glenmark Life Sciences

Detergent to chemicals major Nirma Ltd is planning to tap into its own funds and raise debt to fund its Rs 5,652 crore acquisition of Glenmark Life Sciences. The firm has roped in BCG and KPMG to......

Glenmark to sell 75% in life sciences arm to Nirma for Rs 5,651.5 cr

Glenmark Pharmaceuticals on Thursday said it will sell a 75 per cent stake in its subsidiary Glenmark Life Sciences to Nirma Ltd for Rs 5,651.5 crore. Photograph: PTI Photo from the Rediff......

Four IPOs to hit markets; aims to garner Rs 14,628-cr

The buzz in the IPO market continues with four companies launching their initial share sales this week to raise over Rs 14,628 crore collectively. Illustration: Dominic Xavier/Rediff.com This......

Walmart's $16 bn Flipkart buy is the biggest deal this year

Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company US retailer Walmart's buying 77 per cent stake in Flipkart for $16 billion is the biggest acquisition......

Brick-and-mortar billionaires back on Forbes rich list

Top 100 billionaires see their wealth rise 10%; top 20 account for half of total wealth of top 100. The top 20 billionaires in the Forbes India rich list have seen their wealth as a percentage of......

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