• Navneet Education’s investee company K-12 Techno Services is likely in deal talks. • Kedaara may invest $130 mn (approx Rs 1,000 crore) in K-12 Techno Services. • It is likely to buy-out an existing investor and infuse fresh capital, according to sources.
• The Phoenix Mills has approved incorporation of a wholly owned subsidiary namely Orcus Logistics and Industrial Parks Limited (‘Orcus’). • The company will fully invest in the share capital of this planned subsidiary.