Hong Kong-based private equity fund PAG has acquired an 80% controlling stake in Pravesha Industries for $200 million. This follows their November 2024 purchase of a majority stake in Manjushree Technopak for $1 billion. Pravesha’s promoters, Bomma Sivaprasad Reddy and RPR Sons Advisors, sold their shares for Rs 1,387 crore.
Bajaj Auto Ltd reported a 5% year-on-year growth in vehicle sales in November 2024, totaling 4,21,640 units, including exports. Total exports surged 24% to 1,80,786 […]
Byju’s insolvency case has taken a contentious turn as US lenders and resolution professional Pankaj Srivastava clash. Srivastava removed Glas Trust Company from the committee […]
