In a double disappointment for the economy, retail inflation hit 7% in August, reversing three months of decline, while industrial growth slumped to a four-month low of 2.4% in July from 12.7% in June.
General Atlantic (GA), Canada Pension Plan Investment Board (CPPIB) and Abu Dhabi Investment Authority (ADIA) are evaluating about $250 million investment in API Holdings, the parent of PharmEasy, said people aware of the development.
WeWork India, a unit of US-listed coworking major WeWork Inc, is in talks with private equity funds including Cerberus Capital to raise as much as $300 million to expand its operations locally on hopes of rising office space demand after the pandemic.
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