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Top headlines: Centrum-BharatPe in race for PMC bank; Jio preps 5G infra

From Centrum-BharatPe, Liberty group in the race for beleaguered PMC Bank to Amazon enabling digitisation of over 1 million small businesses, here are top headlines this morning

PMC Bank
premium

This is the first time that corporates, non-banking financial companies, and high-net-worth individuals have shown eagerness in taking over an urban-cooperative bank.

BS Web Team New Delhi
Centrum-BharatPe, Liberty group in race for beleaguered PMC Bank

Steel baron Sanjeev Gupta’s Liberty Group of the UK, the Jaspal Singh Bindra-led Centrum group and BharatPe combine, and two business families from Mumbai and Hyderabad have expressed interest for beleaguered Punjab and Maharashtra Co-operative Bank (PMC Bank). This is the first time that corporates, non-banking financial companies, and high-net-worth individuals have shown eagerness in taking over an urban-cooperative bank (UCB). Read More

Paediatric coronavirus vaccine work may begin in India by mid of 2021

The pandemic year has turned the conventional way of developing vaccines on its head.