US private equity firm Advent International has signed a deal to sell packaging company Manjushree Technopack to PAG, a leading alternative investment firm, for an enterprise value of close to $1 billion, two sources with direct knowledge said on Friday.
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Unnecessary confusion on continuation of Rodtep scheme
Since the beginning of this year, exporters are being confused by the government regarding availability of duty credits under the Rodtep (Remission of Duties and Taxes on Export Products) scheme for physical exports of goods in discharge of export obligation against advance authorisations and exports by export-oriented units (EOU) and units in Special Economic Zones (SEZ).
Govt asks industries to identify import prospects from US
Major economies closely following Trump's moves
Realtors seek stamp duty cuts, revised home loan limits
As the Union Budget for 2025-2026 (FY26) inches closer, the Indian real estate industry is seeking stamp duty cuts, revised home loan limits and updated affordable housing norms through the Pradhan Mantri Awas Yojana (PMAY), single-window clearance and eco-friendly policies, among others.
Pharma firms gear up to comply with revised Schedule M
Revised Schedule M sets quality standards
Under Noronha, DMart mcap soared 500%
Neville Noronha, managing director and chief executive officer of Avenue Supermarts, which houses the brand DMart, announced on Saturday that he would not be extending his contract.
Singhania-backed firm seeks licence to restore foreign cars
Car restoration service provider Super Car Club Garage (SCCG), backed by Raymond chairman and managing director Gautam Singhania, has sought the Centre's green light for a licence to import foreign vehicles for restoration and subsequent re-export.
TCS Margin May Rise as BSNL Deal Effect Tapers
Tapering off of the effects of the BSNL deal is expected to be over in the next few quarters, and this will help TCS expand profit margin, a senior company executive has said.
AI to enhance efficiency, humans will play crucial role
You spoke about creating a 'pyramid with different skill sets'. Can you elaborate on this concept?
'Windsor has created a much-needed disruption in EV mkt
Electric crossover sport utility vehicle (SUV) Windsor, launched in September 2024, has achieved the goal of creating a much-needed disruption in the electric vehicle (EV) market, said Parth Jindal, director, JSW MG Motor India on Sunday.
Firms Line Up New Energy Projects for '25
RIL, L&T, and JSW likely to either commercialise their clean energy businesses or commission new ones in the near term
