IndiaSphere

Tata Capital Private Equity Head Shailendra Bhandari Quits – Before the closure of its maiden fund, Private Equity head of Tata Capital Shailendra Bhandari has resigned. Bhandari will be leaving the company to pursue other opportunities by the end of July 09. Bhadari earlier headed Centurion Bank of Punjab which got merged with the HDFC Bank in 2007. (The Economic Times)
Godrej Industries Acquires 100% Stake in Subsidiary NBL – FMCG major Godrej Industries has acquired the entire stake in its step down subsidiary Natures Basket Ltd (NBL) for an undisclosed amount. The company has acquired the entire shareholding in NBL from Godrej Agrovet Ltd (GAVL), which itself is a subsidiary of Godrej Industries, it said in a filing to the Bombay Stock Exchange. According to the FMCG major, shareholders of the company had approved investment in NBL. NBL ... [Follow Original Article link for full content.]