Private equity firm CVC Capital Partners is exploring options for Asia's largest funeral services provider Nirvana Asia Ltd, including a possible sale, and a deal could be worth more than $1.8 billion, a source familiar with the matter told Reuters.
HYDERABAD IKEA will set some prices even lower in India than elsewhere when it opens its first store in the country on Thursday, as it woos cost-conscious shoppers unaccustomed to DIY furniture. | Video
HYDERABAD, Aug 8 IKEA will do things differently
in India after it opens its first store in the nation on
Thursday, as it deals with higher taxes on imported goods and
looks to woo cost-conscious shoppers unaccustomed to the
company's DIY furniture assembly style.
A huge fire broke out in a five-storey residential building in London's West Hampstead in the early hours of Thursday, forcing rescuers to evacuate dozens of people, and it took nearly four hours to douse the blaze, the London Fire Brigade said.
MUMBAI A WhatsApp text circulating in some districts of India's central Madhya Pradesh state helped to inflame a mob of 50-60 villagers into savagely beating up two innocent men last week on suspicion that they were going to murder people and sell their body parts.
MUMBAI/STOCKHOLM IKEA is set to open its first store in India next month, and the world's biggest furniture retailer is localizing its offering - from the food menu to its "do-it-yourself" (DIY) assembly model - to ensure success in the country.
KOCHI/MUMBAI Two new cases of the deadly brain-damaging Nipah virus have been confirmed in the southern Indian state of Kerala, where another two people were killed by the virus, a health official said on Thursday.
KOCHI/MUMBAI, May 31 Two new cases of the deadly
brain-damaging Nipah virus have been confirmed in the southern
Indian state of Kerala, where another two people were killed by
the virus, a health official said on Thursday.
MUMBAI India's state-run banks posted a combined loss of 853.7 billion rupees ($12.65 billion) in the fiscal year ended this March, according to data compiled by Reuters, as their provisions for bad loans surged following stricter central bank rules.
DUBAI/MUMBAI The United Arab Emirates (UAE) has banned imports of fresh vegetables and fruits from the southern Indian state of Kerala where 13 people have died due to an outbreak of the rare brain-damaging Nipah virus, the Gulf state said on Tuesday.