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Raj Nayak, the new CEO of Colors, has put to rest all speculations looming large over the future of his co-founded company AIDEM Ventures, an independent media consulting company.

 
 
The capital market regulator has allowed foreign governments to buy a maximum of 20 per cent stake in any listed company without any additional obligations.
The retail jewellery chain has already received final observation from capital market regulator Sebi for coming out with an IPO of 1.8 crore equity shares.
 
 
ITC has been slowly increasing its stake in Hotel Leelaventure Ltd. The company and its investment arm Russell Credit together hold 11.7 per cent stake in the company.
Mohandas Pai has given up a chance at Infosys' top job for something seemingly big.
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