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Battered by three decades of controversy, TMB looks back to the future

June was a memorable month for the 101-year-old Tamilnad Mercantile Bank (TMB). Last month, the Thoothukudi-based bank witnessed two new landmarks in a history in which the last three decades could......

M&A picks up, white knights are riding into India

In 2007, Israeli drugmaker Taro Pharmaceutical was in trouble. Inventories and debtors mounted, and it ran out of cash after a string of US acquisitions. When Dilip Shanghvi, chairman of Sun......

Vangal, foreign investors to sell TMB holdings

Ramesh Vangal and foreign investors backing him have decided to exit the Nadar community-controlled Tamilnad Mercantile Bank (TMB). The buyers include Kuwait and Brunei sovereign wealth funds,......

Asim Ghosh in talks to sell Vodafone stake

Former managing director of Vodafone Essar, Asim Ghosh, is in talks with Max India founder and chairman Analjit Singh to sell his 2.39 per cent stake in the mobile phone operator. Ghosh holds the......

Zee boss plans US wellness empire

Media and broadcasting mogul Subhash Chandra is creating a health and wellness platform in the United States to cash in on the world's fastest-growing market for fitness solutions. Over the past......

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Vangal

News for Vangal

Battered by three decades of controversy, TMB looks back to the future

M&A picks up, white knights are riding into India

Vangal, foreign investors to sell TMB holdings

Asim Ghosh in talks to sell Vodafone stake

Zee boss plans US wellness empire

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