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Japan’s SoftBank and NewQuest Capital Partners are among investors seeking to sell shares of IPO-bound FirstCry in the secondary market, valuing the omnichannel baby products retailer in the range of $3.5-4 billion, according to several people in the know.
Bihar chief minister Nitish Kumar parted ways with the BJP-led National Democratic Alliance (NDA) for the second time in eight years and resigned as CM on Tuesday, turning the clock back as he joined forces with the opposition alliance of the Rashtriya Janata Dal (RJD), Congress and Left parties to stake a claim to form the next government.
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