Blackstone is in advanced talks with Ranbaxy’s Singh brothers and Dhillon family to acquire their real estate portfolio. Meanwhile, the Delhi High Court has issued notices to e-commerce giants Flipkart and Amazon besides the Centre in a public interest litigation, which alleged that the two firms have violated FDI norms. In market news, PNB MetLife and Muthoot Microfin have filed draft papers with Sebi for an IPO.
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