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Mumbai: A 40-year-old man has been arrested in Mumbai for allegedly strangling his five-year-old stepdaughter and dumping her body in the Arabian Sea. The body was discovered floating near Sassoon Dock in Colaba on Tuesday morning, leading to the swift arrest of the accused.According to the police, the child had been reported missing from the Antop Hill area in Central Mumbai a day earlier. Her mother, Nazia, who works as a housemaid, and Imran Shaikh, the accused, had approached the Antop Hill ...Read More >
New Delhi, Jul 16 (PTI) Three private equity firms have sought approval from the Competition Commission of India (CCI) to acquire a stake in Mumbai-based bakery chain Theobroma. At least two private equity firms -- Infinity Partners and Atreides Investments BV -- are affiliates of ChrysCapital. Another PE firm Aqua Investments Ltd will also be acquiring a stake in Theobroma Foods. The development came following reports that homegrown PE major ChrysCapital is set to acquire a 90 per cent stake ...Read More >
Mumbai | New Delhi: Homegrown private equity firm ChrysCapital has agreed to acquire pan-India bakery chain Theobroma Foods for ₹2,410 crore, said people with knowledge of the matter. According to an agreement signed between the parties, ChrysCapital will buy around 90% stake from the company's promoters and existing investor ICICI Venture. The promoters will retain about a 10% stake, the people said. ICICI Venture holds a 42% stake in Theobroma. In 2017, ICICI Venture bought the stake for $2 ...Read More >
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