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Blackstone thus valued the company between $825 million and $1.1 billion. The valuation at just about the same as its revenue is seen as being at the lower end of the spectrum.

In the last 15 months, the  RBI has reduced the rates by 125 basis points. Here are some reasons why RBI governor Raghuram Rajan may reduce the rates further.
Well, that is what one would tend to believe if the so called "private" assurance, allegedly given by Narendra Modi government to the industry, is true.
Both Telangana and Andhra, economists say, need to per force be proactive as they are coping with the consequences of bifurcation.