But if one were to believe grapevine from the vaccine industry, SII had allegedly taken an advance from corporates to supply vaccines assuming that the government would simultaneously allow supplies to the private market.
Will someone be tapped once again from the world of corporate law firms? Will a general counsel be lured from a rival business group? Or will it be an insider this time? The jury is out on this one folks.
So when this high-profile consumer internet firm backed by the crème de la crème of investors recently filed IPO papers with Sebi, all eyes were on the next move of its arch rival.
But finally, there may be an explanation to the blitzkrieg! We heard this is an attempt from the said hedge fund to deepen its relationship with two large foreign VC firms operating in India.
The professor was making Rs 2 crore a year earlier until this unicorn offered the teacher a whopping Rs 25 crore to get him on board! He is probably the highest paid teacher in the country today.
After all, this sale in the works is believed to be the pre-cursor for a bigger rejig within the group.
Due to the outbreak of COVID-19, the focus on the healthcare segment for new offerings in the capital markets is greater than ever before.
To avoid a repeat of the unfortunate events in 2020, the IITs and IIMs have started reaching out to corporates requesting them to delay the internships and not cancel them altogether.
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