US buyout group TPG Capital is nearing a deal to acquire a significant minority stake of 30-40% in Nirmal Jain's IIFL Capital Services. This move could position TPG as the largest shareholder, coinciding with Jain's plans to re-enter wealth management. The potential transaction, including an open offer, could be valued up to 8,000 crore.
Major investors are set to acquire a stake in Inox Clean Energy. This deal values the renewable energy firm at over $5 billion. The investment signals strong interest in India's clean energy sector. It will also fund Inox Clean Energy's expansion plans. The company is growing its renewable generation and solar manufacturing capacities.
A hospital workers union is calling on Northwestern Memorial Hospital to beef up its emergency department staffing, ahead of a scheduled state board vote next week on whether the hospital should be allowed to embark on a $96 million expansion.
The bookseller will open stores on State Street and in Hyde Park. The company also plans to relocate its store within Skokie's Westfield Old Orchard Mall, and build out by late spring a new location inside the former Borders Books in Oak Park.
Derek van der Vorst, an international business advisor with Solarge, said the company hopes to decide between Waukegan and the Kansas site no later than the end of March.
Except for a few NBFCs with legacy licences, most NBFCs are barred from raising retail deposits. Bajaj Finance, Shriram Finance, and Mahindra Finance are among the few NBFCs that are permitted to accept retail deposits. The governor met the CEOs of NBFCs, housing finance companies, microfinance institutions, and industry representatives on Monday.
